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NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Genesco Inc. (GCO) on Friday reported fiscal fourth-quarter earnings of $27.2 million.
On a per-share basis, the Nashville, Tennessee-based company said it had profit of $2.47. Earnings, adjusted for one-time gains and costs, were $2.59 per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.66 per share.
The seller of footwear, hats, clothing and accessories posted revenue of $739 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $705.6 million.
For the year, the company reported a loss of $16.8 million, or $1.50 per share. Revenue was reported as $2.32 billion.
Genesco expects full-year earnings in the range of 60 cents to $1 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GCO at https://www.zacks.com/ap/GCO