×
4 661
Fashion Jobs
HOLLISTER CO. STORES
Hollister CO. - Brand Representative, Liverpool One
Permanent · Liverpool
RALPH LAUREN
Sales/Design Professional
Permanent · London
TIFFANY & CO
Operations Coordinator - Old Bond Street
Permanent · London
HOLLISTER CO. STORES
Hollister CO. - Brand Representative, Southgate (UK)
Permanent · Bath
HOLLISTER CO. STORES
Hollister CO. - Brand Representative, Churchill Square
Permanent · Brighton and Hove
COTY
Business Manager - Gucci
Permanent · London
COTY
Account Manager - Fragrance
Permanent · London
COTY
Campaign Art Director Max Factor
Permanent · London
COTY
Campaign Art Director Rimmel
Permanent · London
L'OREAL GROUP
Digital Manager - Professional Products Division
Permanent · London
L'OREAL GROUP
Prada Assistant Business Manager, 1.0, Selfridges London
Permanent · London
EVERLAST GYMS
General Manager - Everlast Fitness
Permanent · SOUTHPORT
EVERLAST GYMS
General Assistant - Everlast Fitness
Permanent · INVERNESS
FRASERS GROUP
Warehouse Supervisor (Evening Shift)
Permanent · SHEFFIELD
BOOHOO GROUP
1st Line Analyst
Permanent · SHEFFIELD
HARVEY NICHOLS
Brand Consultant - Moncler
Permanent · EDINBURGH
BOOHOO GROUP
Procurement Manager (Marketing)
Permanent · MANCHESTER
SUPERDRY
Retail Marketing Executive
Permanent · CHELTENHAM
ABERCROMBIE AND FITCH CO.
Wholesale, Associate Account Executive, Emea
Permanent · London
COTY
Commercial Trade Marketing Manager Beauty
Permanent · London
L'OREAL GROUP
Product Manager - Viktor & Rolf
Permanent · London
L'OREAL GROUP
Prada Business Manager, 1.0, Harrods London
Permanent · London
Ads
By
Reuters
Published
Mar 4, 2010
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Genesco fourth quarter beats Street view, reaffirms 2011 outlook

By
Reuters
Published
Mar 4, 2010

March 4 (Reuters) - Shoe and hat retailer Genesco Inc's (GCO.N) fourth-quarter profit beat market expectations, driven by strong sales of its Hatworld brands, direct-to-consumer catalog and e-commerce businesses, and the company reaffirmed its fiscal 2011 forecast.

Genesco
Journeys from Genesco - Photo: www.genesco.com

For the quarter ended Jan. 30, the company reported earnings of $25.8 million, or $1.08 a share, from continuing operations, compared with $23.2 million, or $1.05 a year earlier.

Excluding items, the company earned $1.16 a share from continuing operations.

Revenue at the company, which also sells footwear at wholesale under its Johnston & Murphy brand and under the licensed Dockers brand, rose 6 percent to $479 million.

Analysts were looking for earnings of $1.12 a share, on revenue of $466.7 million, according to Thomson Reuters I/B/E/S.

Genesco, which sells branded footwear and headwear in more than 2,240 stores in the United States and Canada, backed it fiscal 2011 earnings view of $2.00 to $2.10 a share.

The outlook does not include expected non-cash impairments of about $0.23 to $0.28 a share in fiscal 2011.

Analysts on average were expecting earnings of $2.07 a share for 2011.

The Nashville-based company's shares, which have risen 67 percent in the last one year, closed at $25.81 Wednesday 3 March on the New York Stock Exchange.

For the alerts, double-click (Reporting by Shobhana Chadha in Bangalore; Editing by Vinu Pilakkott) ([email protected]; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: [email protected]))

© Thomson Reuters 2023 All rights reserved.