By  on May 28, 2007

NEW YORK — The announcement of its closure of 57 underperforming Underground Station stores has hardly made Genesco Inc. a less desirable target, nor has its acknowledgement that earnings for the first quarter, ended May 5, will be 9 to 12 cents per diluted share, well below the initial projection of 28 cents per share.

In fact, Genesco continues to be the talk of the M&A world as Foot Locker weighs a possible acquisition, and rumors of interest from private equity firm Kohlberg Kravis Roberts float around the industry.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus