Genesco Inc. announced sales results for the quarter-to-date period ended January 11, 2014. For the quarter, comparable sales, including both stores and direct sales, increased 1% for the quarter-to-date period ended January 11, 2014, compared to a 1% decrease for the equivalent period last year. Comparable sales for stores only for the quarter-to-date period ended January 11, 2014, were flat with the equivalent period last year, when such sales decreased 2%. Comparable sales for the company's e--commerce and catalog direct sales businesses increased 11% in the quarter-to-date period ended January 11, 2014, compared to an increase of 17% for the equivalent period last year.

The company also reported that, based on quarter-to-date results and current trends, the company's adjusted earnings per diluted share expectations for the fiscal year ending February 1, 2014, are in the lower end of the guidance range of $5.10 to $5.20 it announced on December 6, 2013. The company's adjusted earnings per share expectations do not reflect charges related to litigation in connection with the criminal intrusion into a portion of the company's computer network that processed payments for transactions in some of its stores, which the company announced December 2010, and certain other charges reported in the "asset impairment and other" line in the company's statement of operations, expected to be in the range of $0.03 to $0.05 per diluted share for the fiscal year, after tax. Earnings from continuing operations expected to be in the range of $101,039,000 or $4.29 per share to $99,304,000 or $4.21 per share. Adjusted earnings from continuing operations expected to be in the range of $122,635,000 or $5.20 per share to $120,276,000 or $5.10 per share.