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Genesco Inc Raises FY 2013 EPS Guidance; Sees FY 2013 Comparable Sales Guidance At High End Of Prior Range

Wednesday, 29 Aug 2012 07:32am EDT 

Genesco Inc updated outlook for fiscal 2013. Based on second quarter performance, the Company has raised outlook for fiscal 2013. The Company expects adjusted diluted earnings per share (EPS) to be in the range of $4.88-$5.00, an increase from previous guidance range of $4.70-$4.82. Consistent with previous guidance, these expectations do not include expected non-cash asset impairments and other charges, which are estimated in the range of $1.5 million to $2.5 million pretax, or $0.04 to $0.06 per share, after tax, in fiscal 2013. The revised guidance assumes a comparable sales increase in the 4% range for fiscal 2013. 

Company Quote

0.38 +0.49%
28 Jul 2014