Genesco Inc. GCO –13.15% shares fell 5.8% in premarket trade Thursday after the parent company of Johnston & Murphy and Journeys Kidz announced mixed fourth-quarter results. They also provided a negative outlook for the full-year profit. From $62.1 million or $4.41 per share in the previous year, net income for the quarter ended Jan. 28 was $38.9million, or $3.21 per share. Adjusted earnings per share were $3.06 after excluding nonrecurring items. The average estimate of two FactSet analysts was $2.97. Sales fell 0.4% to $725.0million, which is below the FactSet average estimate of $727.4 millions. Genesco sales in same-stores rose 5% as Journeys Group sales dropped 1%, while Johnston & Murphy sales jumped 23%. The company anticipates an adjusted EPS of $5.10-5.90 for fiscal 2024. This is below the FactSet average estimate at $6.83. Thomas George, Chief Financial Officer, stated that sales are expected to be under pressure this year. However, the company expects adjusted EPS of $5.10 to $5.90 for fiscal 2024. This is below the current FactSet average estimate of $6.83. Over the last three months, the stock has risen 11.5% while the S&P 500 SPX (+0.23%) has gained 1.5%.