Journeys on skate shoes, eyes Canada

Journeys parent company Genesco discussed this morning how skate shoes are performing, its expansion plans for Canada and moving into the toning shoe business.

Journeys is an important customer for skate shoe brands.

Overall, Journeys reported a tough fourth quarter with same store sales declining 3%. Direct sales were a bright spot, increasing 20%, accounting for 3% of total sales.

Journeys total sales for the fourth quarter declined 2% to $225 million.

Average selling prices increased 4.6% largely due to the boot business.