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Black Friday Success at Journeys Prompts Genesco to Up Full-Year Guidance

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Genesco announced positive in-store comps for the ninth consecutive quarter on Friday, despite “ongoing traffic challenges,” and raised its year-end guidance accordingly. In a Nutshell: Genesco brands, including Journeys, Johnston & Murphy and its U.K. retailer, Schuh, performed well on Black Friday, which helped the company exceed earnings expectations. Following the release of its Q3 financial…

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