Boot Barn Holdings, Inc. $BOOT today announced its financial results for the first fiscal quarter ended July 1, 2017.
Highlights for the quarter ended July 1, 2017, were as follows:
Net sales increased 4.5% to $139.4 million. Same store sales increased 1.3%. Net income was $0.8 million, or $0.03 per diluted share, compared to net income of $0.6 million, or $0.02 per diluted share in the prior-year period. The Company opened one new store....
Boot Barn Holdings beats by $0.03, reports revs in-line; guides Q2 EPS in-line; reaffirms FY18 EPS guidance; Q1 comps 1.3%Font size: A | A | A 4:20 PM ET 8/1/17 | Briefing.com Reports Q1 (Jun) earnings of $0.03 per share, excluding non-recurring items, $0.03 better than the Capital IQ Consensus of ($0.00); revenues rose 4.5% year/year to $139.4 mln vs the $139 mln Capital IQ Consensus. Co reported Q1 comps of +1.3%. Gross profit was $41.4 million, or 29.7% of net sales, compared to $40.8 million, or 30.5% of net sales in the prior-year period. Co issues in-line guidance for Q2, sees EPS of $0.00-0.02, excluding non-recurring items, vs. $0.02 Capital IQ Consensus Estimate. Same store sales to be roughly in line with first quarter sales. Co reaffirms guidance for FY18, sees EPS of $0.52-0.57, excluding non-recurring items, vs. $0.56 Capital IQ Consensus Estimate. Co sees FY18 flat to slightly positive same store sales growth.