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Genesco Inc Issues FY 2014 EPS Guidance In Line With Analysts' Estimates; Comments On FY 2014 Comparable Sales Guidance


Friday, 8 Mar 2013 07:30am EST 

Genesco Inc announced that based on current visibility, it expects adjusted fiscal 2014 diluted earnings per share to be in the range of $5.57 to $5.67, which represents a 10% to 12% increase over fiscal 2013's adjusted earnings per share of $5.06. Consistent with previous guidance, these expectations do not include expected non-cash asset impairments and other charges, which are estimated in the range of $3.0 million to $4.0 million pretax, or $0.08 to $0.11 per share, after tax, in Fiscal 2014. This guidance assumes comparable sales increases in the low single digit range for the full fiscal year. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $5.57 for fiscal 2014. 

Company Quote

73.54
-3.05 -3.98%
19 Dec 2014