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Sales at Journeys Lead Genesco, as Company Lays Out Tariff-Avoidance Plan

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Footwear is king at Genesco following the sale of its Lids hat business in February. Solid comps and accelerating sales at Journeys boosted GCO stock from $40.28 to $45.79 after the release of its first quarter FY2020 results Friday, an increase of more than 12 percent. By close of trading Monday, the stock was trading…

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