Modest Sales Increase Means Huge Earnings Increase At Genesco
Net sales rose by 8.2 percent for the first quarter ended May 1 at Genesco, ending at $400.9 million. Comparable store sales were up by 5 percent overall. Earnings from operations skyrocketed by 643 percent to $14.6 million. Adjusted for extraordinary charges in both periods, earnings form continuing operations climbed ...
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