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NEW YORK - Boot Barn Holdings Inc. (NYSE:BOOT) shares jumped 7.6% in after-hours trading on Wednesday after the western wear retailer provided upbeat guidance for the current quarter and full fiscal year, despite reporting fourth-quarter results that fell short of expectations.
The Irvine, California-based company posted earnings of $1.22 per share for the fourth quarter ended March 29, 2025, missing analyst estimates of $1.25. Revenue rose 16.8% YoY to $453.7 million but fell short of the $458.91 million consensus.
However, Boot Barn’s outlook exceeded expectations. For the first quarter of fiscal 2026, the company forecasts earnings per share of $1.44-$1.52, above the $1.46 analyst estimate. It sees Q1 revenue of $483-491 million, compared to the $486.1 million consensus.
For the full fiscal year 2026, Boot Barn projects earnings of $5.50-$6.40 per share on revenue of $2.07-2.15 billion. This compares with Wall Street’s expectations of $5.88 EPS and $2.171 billion in revenue.
"Our team delivered a solid finish to fiscal year 2025 highlighted by 15% annual total sales growth and 23% growth in earnings per diluted share, underscoring the ongoing resilience of our core consumer despite broader market uncertainties," said CEO John Hazen.
Same-store sales increased 6% in Q4, with retail store comps up 5.5% and e-commerce rising 9.8%. The company opened 21 new stores during the quarter, bringing its total to 459 locations.
Boot Barn plans to open 65-70 new stores in fiscal 2026 and expects same-store sales to range from a 2% decline to 2% growth for the year.
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