US footwear retail group Genesco has announced that its fiscal 2012 second-quarter revenue spiked 29% driven by growth from Lids and Journey’s stores, prompting the company to raise its outlook.

The retailer also said it narrowed its loss to $392,000, which compares to $3.2 million a year ago. Comparable store sales, a key measure to gauge a retailer’s health, grew 14%.

Share this story: