Boot Barn Holdings Sees Jump in Stock on Positive Preliminary Q3 Results

by Ron Finklestien

Published On: January 5, 2024 4:33 pm

• Boot Barn Holdings (NYSE:BOOT) announced on Friday that it foresees Q3 net income per diluted share at or above the upper limit of its previous guidance.
• The stock of BOOT surged by 6.3% in after-hours trading.
• The company had earlier projected Q3 net income per diluted share to be in the range of $1.67 to $1.79
• BOOT expects Q3 net sales of $520.40M, which is slightly lower than the analysts’ estimate of $527.97M.
• The company anticipates a 9.7% decline in same-store sales for Q3, with a retail store same-store sales decline of 9.4% and an e-commerce same-store sales decline of 11.3%.
• Press Release