Genesco raises full-year outlook again, shares rise
* Second-quarter adj EPS of $0.50 vs $0.22 yr-ago
* Second-quarter rev rose 15 pct to $543.5 mln
* Shares rise 6 percent
Aug 29 (Reuters) - Footwear and cap retailer Genesco Inc's profit topped estimates for the eighth quarter in a row as more customers visited its stores, prompting the company to raise its full-year 2013 earnings outlook for the second time this year.
Shares of the company, which operates stores under the Journeys, Lids and Schuh brand names, rose 6 percent in premarket trading.
Genesco expects fiscal 2013 profit of between $4.88 per share and $5.00 per share, up from its previous forecast of between $4.70 per share and $4.82 per share.
Adjusted quarterly profit rose to $12.1 million, or 50 cents per share, from $5.2 million, or 22 cents per share, a year earlier.
Revenue rose 15 percent to $543.5 million.
The company, which competes with DSW Inc and Foot Locker Inc, said same-store sales rose 4 percent.
Shares of Nashville, Tennessee-based Genesco, which have risen 49 percent over the past year, closed at $71.17 on Tuesday on the New York Stock Exchange.