IRVINE, Calif. (AP) _ Boot Barn Holdings Inc. (BOOT) on Wednesday reported fiscal third-quarter net income of $52.8 million.
On a per-share basis, the Irvine, California-based company said it had net income of $1.74.
The results matched Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of $1.74 per share.
The Western apparel and footwear retailer posted revenue of $514.6 million in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $514.5 million.
Boot Barn expects full-year earnings to be $5.51 to $5.60 per share, with revenue in the range of $1.67 billion to $1.68 billion.
Boot Barn shares have increased 19% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $74.37, a drop of 24% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BOOT at https://www.zacks.com/ap/BOOT
Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News