Boot Barn Holdings, Inc. provided earnings guidance for the fourth quarter and full year ending April 1, 2023. For the fourth quarter, the company expects total sales of $438 million to $448 million, representing growth of 14.4% to 17.0% over the prior year. same store sales range of approximately (3.0)% to (0.5)%, with retail store same store sales of flat to 2.0% growth and e-commerce same store sales of (20.0)% to (16.0)%. Income from operations between $59 million and $63 million. This represents approximately 13.5% to 14.0% of sales. Net income per diluted share of $1.42 to $1.51 based on 30.4 million weighted average diluted shares outstanding.

For the year, the company expects total sales of $1.67 billion to $1.68 billion, representing growth of 12.2% to 12.9% over the prior year. Same store sales range of approximately 0.5% to 1.0%, with retail store same store sales of approximately 2.5% to 3.0% and e-commerce same store sales of (10.5)% to (9.5)%. Income from operations between $228 million and $232 million. This represents approximately 13.7% to 13.8% of sales. Net income of $167.2 million to $170.0 million. Net income per diluted share of $5.51 to $5.60 based on 30.4 million weighted average diluted shares outstanding. Fiscal year 2023 is a 53-week year and the Company expects to generate approximately $34.0 million of sales and earn approximately $0.19 per diluted share in the 53rd week, which is included in the above guidance range.