Genesco Inc. announced that same store sales for the quarter-to-date period ended January 12, 2013, declined 2% from the equivalent period last year, when same store sales increased 13%. Sales for the Company's e--commerce and catalog direct sales businesses increased 17% in the quarter-to-date period ended January 12, 2013, on a comparable basis. Comparable sales, including both stores and direct sales, decreased 1% for the quarter-to-date period this year, compared to a 13% increase for the same period last year.

The company revised earnings guidance for the fiscal year ending February 2, 2013. Based on quarter-to-date results and current trends, the company's adjusted earnings per diluted share expectations, now range from the low end to the middle of the upwardly revised guidance range of $5.00 to $5.08 announced by the company on November 30, 2012. The company's forecasted earnings from continuing operations guidance range was from $120,562,000 or $5.01 per share to $118,849,000 or $4.93 per share.