Boot Barn (BOOT - Free Report) reported $520.4 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 1.1%. EPS of $1.81 for the same period compares to $1.74 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $520.34 million, representing a surprise of +0.01%. The company delivered an EPS surprise of +0.56%, with the consensus EPS estimate being $1.80.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Boot Barn performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Same Store Sales: -9.7% compared to the -9.9% average estimate based on four analysts.
- Stores operating at end of period: 382 versus 382 estimated by three analysts on average.
- Average store square footage, end of period: 10,872 versus 10,855 estimated by two analysts on average.
- Stores Opened/Acquired: 11 versus the two-analyst average estimate of 11.
View all Key Company Metrics for Boot Barn here>>>Shares of Boot Barn have returned -1.9% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Just Released: Zacks Top 10 Stocks for 2024
Hurry – you can still get in early on our 10 top tickers for 2024. Hand-picked by Zacks Director of Research, Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2023, the Zacks Top 10 Stocks gained +974.1%, nearly TRIPLING the S&P 500’s +340.1%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2024. You can still be among the first to see these just-released stocks with enormous potential.
See New Top 10 Stocks >>
Boot Barn (BOOT - Free Report) reported $520.4 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 1.1%. EPS of $1.81 for the same period compares to $1.74 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $520.34 million, representing a surprise of +0.01%. The company delivered an EPS surprise of +0.56%, with the consensus EPS estimate being $1.80.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Boot Barn performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Same Store Sales: -9.7% compared to the -9.9% average estimate based on four analysts.
- Stores operating at end of period: 382 versus 382 estimated by three analysts on average.
- Average store square footage, end of period: 10,872 versus 10,855 estimated by two analysts on average.
- Stores Opened/Acquired: 11 versus the two-analyst average estimate of 11.
View all Key Company Metrics for Boot Barn here>>>Shares of Boot Barn have returned -1.9% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Just Released: Zacks Top 10 Stocks for 2024
Hurry – you can still get in early on our 10 top tickers for 2024. Hand-picked by Zacks Director of Research, Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2023, the Zacks Top 10 Stocks gained +974.1%, nearly TRIPLING the S&P 500’s +340.1%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2024. You can still be among the first to see these just-released stocks with enormous potential.
See New Top 10 Stocks >>
Get the latest research report on BOOT - FREE