Genesco’s profit up 7%

Genesco, the parent company of Journeys, Schuh, Lids Sports and Johnston & Murphy, reported earnings of $10.6 million for the quarter ended April 30, an increase of 7.1 percent over the year-ago quarter. Revenues decreased by 2.0 percent to $649 million, partly due to the divestiture of the Lids Team ...

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