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Jan. 8, 2021, 4:36 p.m. EST

Boot Barn forecasts better-than-expected quarterly results

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By Wallace Witkowski

BOOT

Boot Barn Holdings Inc. /zigman2/quotes/208050749/composite BOOT +4.17% shares rose in the extended session Friday after the footwear and apparel retailer forecast quarterly results that exceeded the Wall Street view. Boot Barn shares rose 2% after hours, following a 2.1% gain in the regular session to close at $48.59. The company said it expects net income of about $1 a share on revenue of $302.3 million for the fiscal third quarter, while analysts surveyed by FactSet were expecting 82 cents a share on revenue of $297.2 million. “Our top-line was highlighted by mid-single digit same store sales growth as retail store comps returned to positive territory despite ongoing headwinds from COVID-19, and our e-commerce business remained strong,” said Boot Barn Chief Executive Jim Conroy in a statement.

/zigman2/quotes/208050749/composite
US : U.S.: NYSE
$ 69.77
+2.79 +4.17%
Volume: 1.15M
Aug. 11, 2022 4:00p
P/E Ratio
11.10
Dividend Yield
N/A
Market Cap
$2.00 billion
Rev. per Employee
$184,260
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