Genesco Q4 Profit Misses Estimates - Quick Facts

(RTTNews) - Genesco Inc. (GCO) reported fourth-quarter earnings from continuing operations of $42.21 million or $1.79 per share for the 13-week period ended February 1, 2014, compared to $38.91 million or $1.64 per share, for the 14-week period ended February 2, 2013. Adjusted earnings from continuing operations was $51.01 million or $2.16 per share, for the quarter. On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $2.18 for the quarter. Analysts' estimates typically exclude special items. Net sales decreased to $792.51 million from $796.69 million. Comparable sales increased 1%. Analysts expected revenue of $804.42 million for the quarter. The company expects adjusted fiscal 2015 earnings per share to be in the range of $5.40 to $5.55. Analysts expect the company to report fiscal 2015 earnings per share of $5.65.