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Genesco profits rise, but less than expected

2015-03-12 20:20:53| Footwear - Topix.net

Genesco Inc. cited construction expenses and currency pressures as reasons for the company's weaker-than-expected fourth quarter earnings. The company posted earnings from continuing operations of $51.8 million, or $2.18 per diluted share, for the quarter ended Jan. 31. The numbers are an improvement from the year-ago period, which saw earnings from continuing operations of $42.2 million or $1.79 per diluted share.

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