Boot Barn Holdings Inc (BOOT) Releases Earnings Results, Misses Expectations By $-0.03 EPS

Boot Barn Holdings Inc (BOOT) reported quarterly earnings results on Wednesday, May-18-2016. The company reported $0.09 earnings per share for the quarter, missing the analyst consensus estimate by $-0.03. Analysts had a consensus of $0.12. The company posted revenue of $149.47 million in the period, compared to analysts expectations of $150.21 million. The company’s revenue was up 44.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.17 EPS.

Many Wall Street Analysts have commented on Boot Barn Holdings Inc. Boot Barn Holdings Inc was Downgraded by JP Morgan to ” Neutral” on Apr 8, 2016.

Boot Barn Holdings Inc opened for trading at $6.5 and hit $6.68 on the upside on Monday, eventually ending the session at $6.54, with a gain of 1.40% or 0.09 points. The heightened volatility saw the trading volume jump to 2,63,666 shares. Company has a market cap of $172 M.

In a different news, on Nov 16, 2015, Gregory V. Hackman (CFO) purchased 9,000 shares at $10.60 per share price. According to the SEC, on Jul 9, 2015, James Grant Conroy (President and CEO) sold 22,000 shares at $32.09 per share price. On Jun 16, 2015, Laurie Marie Grijalva (Chief Merchandising Officer) sold 19,250 shares at $30.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Boot Barn Holdings Inc. is a lifestyle retail chain. The Company is engaged in offering western and work-related footwear apparel and accessories in the United States with 169 stores in 26 states as of March 28 2015. Its stores are generally freestanding or located in strip centers with an average of 10748 square feet and feature an assortment of approximately 200 brands. Its product offering is anchored by a selection of western and work boots and is complemented by an assortment of coordinating apparel and accessories. It carries assortments of boots denim western shirts cowboy hats belts and belt buckles western-style jewelry and accessories. Its western assortment includes brands such as Ariat Dan Post Justin Levi Strauss Lucchese Miss Me Montana Silversmiths Resistol and Wrangler. Its work assortment includes rugged footwear outerwear overalls denim and shirts. The work brands sold in its stores are Carhartt Dickies Timberland Pro and Wolverine.

Boot Barn Holdings Inc

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