Tuesday, Genesco Inc. (GCO) said the same store sales for the quarter-to-date period ended January 9, 2010, were up 1% from the equivalent period last year, when same store sales were down 4%. Sales for the e-commerce and catalog direct sales businesses rose 24% in the quarter-to-date period ended January 9, 2010.
Genesco stated that it remains comfortable with its previously announced earnings expectation of $1.07 - $1.13 per share for the fiscal year ending January 30, 2010. Final fourth quarter earnings will depend on same store sales for the balance of the quarter and quarter-end accounting adjustments, among other factors.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.