Boot Barn: Fiscal Third Quarter Earnings Overview

Boot Barn Holdings Reports Third-Quarter Earnings

Boot Barn Holdings Inc., headquartered in Irvine, California, announced a net profit of $85.8 million for its fiscal third quarter.

The company recorded earnings of $2.79 per share, aligning with the consensus estimate from analysts surveyed by Zacks Investment Research.

During the quarter, the retailer specializing in Western apparel and footwear generated $705.6 million in revenue, also meeting Wall Street projections.

Outlook for the Coming Quarter

• For the quarter ending in March, Boot Barn anticipates earnings per share between $1.35 and $1.45.
• Projected revenue for the fiscal fourth quarter is expected to fall between $525 million and $535 million.
• For the full fiscal year, the company forecasts earnings per share in the range of $7.25 to $7.35, with total revenue estimated between $2.24 billion and $2.25 billion.

Stock Performance

Since the start of the year, Boot Barn’s stock price has increased by approximately 4%. As of the close of trading on Wednesday, shares reached $183.20, reflecting a 27% rise over the past year.

This article was produced using data from Zacks Investment Research via Automated Insights.