Caesars Entertainment misses Q2 earnings expectations, shares edge lower
NEW YORK - Boot Barn Holdings Inc. (NYSE:BOOT) reported better-than-expected third quarter results but saw its shares tumble 7.5% in after-hours trading as the western wear retailer’s guidance trailed analyst estimates.
The Irvine, California-based company posted adjusted earnings per share of $2.43 for the quarter ended December 28, beating the analyst consensus of $2.05. Revenue rose 16.9% YoY to $608.2 million, also topping expectations of $592.7 million.
Same-store sales increased 8.6% compared to the prior year period, with retail store same-store sales up 8.2% and e-commerce same-store sales rising 11.1%.
However, Boot Barn’s outlook disappointed investors. For the full fiscal year 2025, the company expects EPS of $5.81-$5.90, compared to the $5.84 consensus. It sees revenue of $1.91-1.92 billion, in line with estimates of $1.91 billion.
For the fourth quarter, Boot Barn forecasts EPS of $1.17-$1.26, below the $1.25 analyst projection. Revenue is expected to be $451-460 million, versus the $455.3 million consensus.
"We feel very good about the overall tone of the business and the future growth potential of the brand," said John Hazen, Interim Chief Executive Officer.
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