Genesco Inc. Announces 6% Advance In Q2 Bottom Line

(RTTNews) - Genesco Inc. (GCO) reported a profit for its second quarter that advanced from last year.

The company said its bottom line climbed to $8.48 million, or $0.36 per share. This was higher than $8.02 million, or $0.34 per share, in last year's second quarter.

Analysts had expected the company to earn $0.24 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.5% to $655.53 million. This was up from $615.47 million last year.

Genesco Inc. earnings at a glance:

-Earnings (Q2): $8.48 Mln. vs. $8.02 Mln. last year.

-Earnings Growth (Y-o-Y): 5.7%

-EPS (Q2): $0.36 vs. $0.34 last year.

-EPS Growth (Y-o-Y): 5.9%

-Analysts Estimate: $0.24

-Revenue (Q2): $655.53 Mln vs. $615.47 Mln last year.

-Revenue Change (Y-o-Y): 6.5%

-Guidance:

Full year EPS guidance: $4.70 - $4.80