Boot Barn Holdings, Inc. Provides Earnings Guidance for the Third Quarter Ended December 30, 2023
January 05, 2024 at 04:10 pm EST
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Boot Barn Holdings, Inc. provided earnings guidance for the third quarter ended December 30, 2023. For the quarter, the Company expected Net sales of $520.4 million, representing growth of 1.1% over the prior year. Same store sales decline of 9.7%, with a retail store same store sales decline of 9.4% and an e-commerce same store sales decline of 11.3%.
Net income per diluted share at or above the high end of its previously announced guidance range of $1.79.
Boot Barn Holdings, Inc. is a lifestyle retailer of western and work-related footwear, apparel, and accessories in the United States. The Company operates through two segments: retail stores and e-commerce. The retail segment is a specialty retail store that sells western and work boots and related apparel and accessories. Its e-commerce segment sells its merchandise via the Internet. The Company carries an assortment of denim, western shirts, cowboy hats, belts and belt buckles, western-style jewelry, and accessories. The western assortment includes various brands, such as Ariat, Cinch, Cody James, Corral, Dan Post, Durango, El Dorado, Idyllwind, Justin, Laredo, Lucchese, Miss Me, Montana Silversmiths, Moonshine Spirit, Shyanne, Stetson, Tony Lama, Twisted X, Resistol and Wrangler. The work assortment includes rugged footwear, outerwear, overalls, denim, and shirts. Its other brand includes Dickies, Carhartt, Wolverine, and Hawx. It operates approximately 345 stores in 43 states.
BOOT BARN HOLDINGS, INC. 
