NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of Genesco Inc. (NYSE:GCO) (“Genesco”) concerning possible violations of federal securities laws by the Company and/or certain of its officers and directors.
On September 1, 2016, Genesco issued a press release announcing its second quarter results and lowered its full year guidance. Genesco has reduced its full-year per-share earnings outlook to $3.80-$4.00 per share, down from the previously announced $4.80-$4.90 per share. Genesco Chairman, President and Chief Executive Officer, Robert J. Dennis attributed the Company’s poor performance in part to a “sudden shift” away from many of the core styles that have fueled Journey’s performance in recent years. To obtain additional information, go to:
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.