Genesco Reports Fourth Quarter and Fiscal 2005 Results:
“Hat World registered another strong quarter, with total sales up 17% and same store sales up 6%, due to increased demand for core sports product, as well as ongoing strength in the fashion and branded cap businesses. Given the flexible retail opportunities that exist for Hat World, not only in malls but also in airports, outlets, kiosks and street locations, we continue to be confident about Hat World's significant growth potential. We plan to open 90 new Hat World and Lids locations in fiscal 2006. We believe we can ultimately grow this business from 552 locations at year-end to more than 900 U.S. locations."