Boot Barn Holdings (BOOT) Misses Q4 EPS by 3c; Issues Light Q1, FY17 EPS Outlook
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Boot Barn Holdings, Inc. Announces Fourth Quarter and Fiscal Year 2016 Financial Results
May 18, 2016 4:10 PM EDTIRVINE, Calif.--(BUSINESS WIRE)-- Boot Barn Holdings, Inc. (NYSE: BOOT) today announced its financial results for the fourth quarter and fiscal year ended March 26, 2016.
Highlights for the quarter ended March 26, 2016, were as follows:
Net sales increased 45% to approximately $149.5 million; Opened four new stores; Consolidated same store sales declined 1.2%; Pro forma adjusted net income was $2.5 million, or $0.09 per diluted share, compared to $0.17 per diluted share in the prior-year period. Net income was $1.0 million, or $0.04 per diluted share, on a GAAP basis.... More