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Boot Barn: Fiscal Q1 Earnings Snapshot
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IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Boot Barn Holdings Inc. (BOOT) on Wednesday reported fiscal first-quarter net income of $70.1 million.

On a per-share basis, the Irvine, California-based company said it had net income of $2.29.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.69 per share.

The Western apparel and footwear retailer posted revenue of $593.5 million in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $581.9 million.

For the current quarter ending in September, Boot Barn said it expects revenue in the range of $572 million to $582 million.

The company expects full-year earnings to be $8.80 to $9.23 per share, with revenue ranging from $2.58 billion to $2.63 billion.

Boot Barn shares have dropped 14% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $150.89, a decline of 14% in the last 12 months.

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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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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