Genesco Inc. Reports Comparable Stores Sales for the Quarter-To-Date Period Ended January 12, 2013; Revises Earnings Guidance for the Fiscal Year Ending February 2, 2013
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.