Shoe and apparel firm Genesco Inc on Wednesday posted flat first quarter earnings of $8.2 million but said net sales jumped 11 per cent to $190.6m compared with the year-ago period and same-stores climbed two per cent.

The Tennessee-based company, which sells its products in more than 900 stores, said in a statement that "very strong results in the Jarman Group more than offset slower than planned comparable sales growth at Journeys, while Johnston & Murphy and Dockers Footwear performed up to our expectations, giving us a solid quarter overall".

It added that Dockers Footwear's sales increased 15 per cent to $23.6m with net sales at The Journeys division's up 13.8 per cent.

Commenting on the results, Genesco president and CEO, Hal Pennington, said: "Our ability to exceed First Call consensus earning estimates for the quarter was directly related to the diversification of our business and underscores the compelling nature of our position in the market.

"By offering a portfolio of unique destination retail concepts and lifestyle brands supported by strong product offerings and dedicated management, we believe we limit the impact of a shortfall in any particular segment, while at the same time continuing to deliver strong financial results."