Skip to main content

Boot Barn: Fiscal Q4 Earnings Snapshot

IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Boot Barn Holdings Inc. (BOOT) on Thursday reported fiscal fourth-quarter earnings of $44.4 million.

On a per-share basis, the Irvine, California-based company said it had net income of $1.45.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.

The Western apparel and footwear retailer posted revenue of $538.8 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $532.8 million.

For the year, the company reported profit of $225.9 million, or $7.35 per share. Revenue was reported as $2.25 billion.

For the current quarter ending in June, Boot Barn said it expects revenue in the range of $574 million to $584 million.

The company expects full-year earnings to be $8.21 to $8.64 per share, with revenue ranging from $2.58 billion to $2.62 billion.

Boot Barn shares have decreased 17% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $146.13, a rise of 10% in the last 12 months.

_____

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

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story