Genesco (GCO) reported earnings on Thur 6 Dec 18 (b/o)

** charts after earnings **

 

Genesco beats by $0.09, reports revs in-line; Q3 comps +4%; reaffirms FY19 EPS in-line; raises FY19 comp guidance

• Reports Q3 (Oct) earnings of $0.95 per share, $0.09 better than the S&P Capital IQ Consensus of $0.86; revenues fell 0.5% year/year to $713.1 mln vs the $712.06 mln S&P Capital IQ Consensus. Q3 Comparable sales increased 4%. 
• Co issues reaffirms guidance for FY19, sees EPS of $3.15-3.40 vs. $3.23 S&P Capital IQ Consensus. Co raises FY19 comps of +2-3% from +1-3%.