Boot Barn Holdings, Inc. provided earnings guidance for the third quarter and full year of 2023. For the fiscal third quarter ending December 24, 2022, the Company expects: Total sales of $502 million to $514 million, representing growth of 3.3% to 5.8% over the prior year. Same store sales range of approximately (5.0)% to (3.0)%, with retail store same store sales of (2.0)% to flat and e-commerce same store sales of (21.0)% to (17.0)%. Income from operations between $71 million and $76 million. This represents approximately 14.1% to 14.8% of sales. Net income per diluted share of $1.71 to $1.83 based on 30.3 million weighted average diluted shares outstanding.

For the fiscal year ending April 1, 2023, the Company now expects: Total sales of $1.65 billion to $1.67 billion, representing growth of 10.9% to 12.2% over the prior year. Same store sales range of approximately (1.0)% to 0.5%, with retail store same store sales of approximately 2.0% to 3.0% and e-commerce same store sales of (13.0)% to (11.0)%. Income from operations between $235 million and $243 million. This represents approximately 14.2% to 14.6% of sales. Net income of $173.3 million to $179.3 million. Net income per diluted share of $5.70 to $5.90 based on 30.4 million weighted average diluted shares outstanding. Fiscal year 2023 is a 53-week year and the Company expects to generate approximately $34.0 million of sales and earn approximately $0.19 per diluted share in the 53rd week, which is included in the above guidance range.