Genesco said that it is revising its fiscal 2007 guidance for the year ending February 3, 2007, to take a more conservative outlook based on the continued challenging trends in the urban markets. It now expects sales of approximately $1.45 billion and diluted earnings per share of $2.50 to $2.54 for the year.
Genesco Inc, a Nashville-based specialty retailer, sells footwear, headwear and accessories in more than 1,850 retail stores in the United States and Canada.