Boot Barn (BOOT) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Boot Barn reported revenue of $388.46 million for the quarter ended March 2024, reflecting an 8.7$1.01 compared to $1.53 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of$383.67 million by 1.25%, and the EPS surpassed the consensus estimate of $0.89 by 13.48% [1] Financial Performance Metrics - Same Store Sales declined by 5.9%, which was better than the four-analyst average estimate of a decline of 7.3% [4] - The number of stores operating at the end of the period was 400, exceeding the three-analyst average estimate of 397 [4] - Average store square footage at the end of the period was 10,929, compared to the two-analyst average estimate of 10,872 [4] - Boot Barn opened or acquired 18 stores, surpassing the two-analyst average estimate of 15 [4] Stock Performance - Boot Barn shares returned +8.9% over the past month, outperforming the Zacks S&P 500 composite's +2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]