Boot Barn forecasts better-than-expected quarterly results

Boot Barn Holdings Inc.
BOOT,
+2.12%
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.