Boot Barn forecasts better-than-expected quarterly results


Boot Barn Holdings Inc.
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.


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