Genesco shares lost a bit of value Wednesday as the company reported first quarter results showing a net sales increase year over year, healthy figures for the company's Journeys business and an earnings per share loss that beat analysts' estimates.

At the close of the trading session, the stock (ticker: GCO) was valued at $22.29 per share, down 0.36 percent (the equivalent drop of $0.08 per share).

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