Genesco Inc. shares took a nose dive in early morning trading on the heels of a third-quarter profit miss that evidenced the ongoing tug-and-pull dynamics between its Journeys and Lids businesses.
As of 11:15 a.m. ET, the firm’s stock remained down more than 21 percent, to $24.57.
Genesco posted a net loss …please visit article’s author page to read more.
LaScalia thanks to: WWD Footwear News