Genesco Inc. Bottom Line Declines 16% In Q4

(RTTNews) - Genesco Inc. (GCO) revealed a profit for fourth quarter that lost ground from last year.

The company said its profit came in at $45.79 million, or $2.11 per share. This was down from $54.72 million, or $2.30 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.13 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.4% to $932.21 million. This was up from $892.63 million last year.

Genesco Inc. earnings at a glance:

-Earnings (Q4): $45.79 Mln. vs. $54.72 Mln. last year. -Earnings Decline (Y-o-Y): -16.3% -EPS (Q4): $2.11 vs. $2.30 last year. -EPS Decline (Y-o-Y): -8.3% -Analysts Estimate: $2.13 -Revenue (Q4): $932.21 Mln vs. $892.63 Mln last year. -Revenue Change (Y-o-Y): 4.4%