Fri, Apr 18, 2014, 2:53 AM EDT - U.S. Markets closed for Good Friday


% | $
Quotes you view appear here for quick access.

Genesco Inc. Message Board

  • ringfortheking1 ringfortheking1 Jul 8, 2009 1:43 PM Flag


    I think we hit a base here at this price around 17.50 18 we could move up if we can close up over 10 day moving avg. Where have you guys been.

    SortNewest  |  Oldest  |  Most Replied Expand all replies

      Q2 adj. loss $0.02 vs est loss $0.04

      * Q2 rev falls 5.2 pct to $334.7 mln vs est $340.5 mln

      * Backs FY EPS view $1.70-$1.80

      Aug 27 (Reuters) - Shoe and hat retailer Genesco Inc (GCO.N) posted a second-quarter loss that was narrower than market expectations, on improved cost-cutting efforts, and it backed its full-year profit outlook.

      Genesco, which saw same-store sales fall 8 percent in the quarter, said sales comparisons would moderate in the second half of the year and it expects sales at stores open at least a year to grow in the fourth quarter.

      The company, whose brands include Journeys and Hatworld, posted a second-quarter net loss of $2.8 million, or 13 cents a share, compared with a loss of $10.8 million, or 58 cents a share, a year ago.

      Excluding items, the company lost 2 cents a share compared with analysts' average estimate of a loss of 4 cents a share, according to Reuters Estimates.

      Revenue for the three months ended Aug. 1 fell 5.2 percent to $334.7 million. Selling and administrative expenses fell 2.8 percent to $164.8 million.

      Genesco expects full-year per-share profit in the range of $1.70 to $1.80.

      Shares of the company closed at $20.81 Wednesday on the New York Stock Exchange. (Reporting by Mihir Dalal in Bangalore; Editing by Ratul Ray Chaudhuri)

75.88-0.67(-0.88%)Apr 17 4:05 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Weibo Corporation
NasdaqGSThu, Apr 17, 2014 4:00 PM EDT
Advanced Micro Devices, Inc.
NYSEThu, Apr 17, 2014 4:00 PM EDT