02:18 PM EST, 03/08/2024 (MT Newswires) -- Genesco ( GCO ) shares were down more than 11% in recent Friday trading following the company's fiscal Q4 earnings report.

The company reported fiscal Q4 adjusted earnings of $2.59 per share, down from $3.06 a year ago.

Two analysts polled by Capital IQ expected $2.62.

Net sales for the quarter ended Feb. 3 were $739 million, up from $725 million a year earlier.

One analyst surveyed by Capital IQ expected $693.9 million.

The company said it expects fiscal 2025 adjusted diluted earnings of $0.60 to $1.00 per share.

One analyst surveyed by Capital IQ expects $3.38.

Price: 25.98, Change: -3.29, Percent Change: -11.24