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Non-Tech : Genesco (GCO)
GCO 30.06+3.0%Jan 9 9:30 AM EST

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To: David Alan Cook who wrote (60)11/12/2000 6:14:47 PM
From: David Alan Cook  Read Replies (1) of 66
 
GCO Preannounces that it will beat earnings estimates for the upcoming 3rd quarter:

Genesco sees Q3 results beating Wall Street estimates

NEW YORK, Nov 6 (Reuters) - Footwear retailer Genesco Inc. (NYSE: GCO), citing strength in the company's operating results, said on Monday it expects to exceed third-quarter consensus earnings estimates of 30 cents per diluted share by at least 10 percent.

The company said it expects to report third-quarter earnings on Nov. 16.

Genesco also said it will start testing a new store concept, "Journeys Kidz," targeting costumers between five and 12 years of age. The company plans to open as many as four of the new stores during the first quarter of next fiscal year.

Genesco shares ended Friday at $17-3/4, near a year high of $18-1/2 and above year low of $8-1/4.

DC
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