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Thursday, August 28, 2014

Genesco Dives As Second-Quarter Earnings Miss Views



Investors.com http://ift.tt/1tPf1Tz Shares of Genesco (GCO), which had been on a sharp rise recently, fell hard in early trading on the stock market and were down more than 7% in the afternoon following the footwear and athletic apparel retailer's quarterly report. It missed earnings views by a wide margin. Reporting before the open Thursday, the Nashville-based company logged fiscal second-quarter earnings of 34 cents a share, excluding special items. That was down from 56 cents


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