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Stock impact report

Boot Barn Downgrades 2024 Outlook After Sales Miss in Q3 [Yahoo! Finance]

Boot Barn Holdings, Inc. (BOOT) 
Last boot barn holdings, inc. earnings: 2/4 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The Irvine, Calif-based company reported that net sales in the third quarter were $520.4 million, up 1.1 percent from the prior year but short of the company's previously outlined guidance of $535 million. Sales were also slightly short of the $521.36 million estimate from analysts surveyed by Yahoo Finance. Same store sales in Q3 were down 9.7 percent, which was also weaker than the 8 percent decline expected from Boot Barn management. Net income was $55.6 million, with $1.81 per diluted share, ahead of the $1.79 expected from Boot Barn and analysts. More from Footwear News Adidas Will Sell More Yeezys This Year After It Reports 2023 Sales, Profit Beat What to Expect When Skechers, Deckers and VF Corp. Report Earnings Boot Barn previously reported preliminary results for its third quarter the at ICR conference earlier this month. Jim Conroy, president and chief executive officer of Boot Barn, said the company's 49 new Boot Barn stores that opened over the last year helped Show less Read more
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