Boot Barn (BOOT) PT Lowered to $90 at BTIG
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Boot Barn (BOOT) drops 15% after slashing guidance; Analysts lower numbers
May 18, 2023 6:55 AM EDTBoot Barn Holdings (NYSE: BOOT) shares fell 14% after the western and workwear retailer slashed its full-year guidance.
The company reported EPS of $1.51 on revenue of $425.7 million for its fourth fiscal quarter, which compares to the average analyst estimate for earnings of $1.46 on revenue of $442.5M.
We experienced double-digit total sales growth while expanding product margin for the 7th consecutive year. While our e-commerce business faced top-line sales pressure, our stores... More
