Boot Barn Holdings, Inc. Provides Earnings Guidance for Third Quarter Ended December 25, 2021
January 07, 2022 at 02:00 pm
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Boot Barn Holdings, Inc. provided earnings guidance for third quarter ended December 25, 2021. For the quarter, the company expects to report net sales increased 71.1% to approximately $485.9 million, compared to the quarter ended December 28, 2019, two years ago and net income per diluted share of approximately $2.27 based on 30.4 million weighted average diluted shares outstanding, compared to net income per diluted share of approximately $0.85 in the two-year ago period.
Boot Barn Holdings, Inc. is a lifestyle retailer of western and work-related footwear, apparel, and accessories in the United States. The Company operates through two segments: retail stores and e-commerce. The retail segment is a specialty retail store that sells western and work boots and related apparel and accessories. Its e-commerce segment sells its merchandise via the Internet. The Company carries an assortment of denim, western shirts, cowboy hats, belts and belt buckles, western-style jewelry, and accessories. The western assortment includes various brands, such as Ariat, Cinch, Cody James, Corral, Dan Post, Durango, El Dorado, Idyllwind, Justin, Laredo, Lucchese, Miss Me, Montana Silversmiths, Moonshine Spirit, Shyanne, Stetson, Tony Lama, Twisted X, Resistol and Wrangler. The work assortment includes rugged footwear, outerwear, overalls, denim, and shirts. Its other brand includes Dickies, Carhartt, Wolverine, and Hawx. It operates approximately 403 stores in 45 states.