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Boot Barn soars after strong results in hurricane-influenced quarter

Published 11/03/2017, 10:10 AM
© Reuters.  Boot Barn soars after strong results in hurricane-influenced quarter
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  • Boot Barn (NASDAQ:BOOT) runs up 19% after topping estimates on both lines of its FQ2 report and lifting guidance.
  • The retailer now sees FY18 EPS of $0.57 to $0.61 vs. $0.57 consensus.
  • Same-store sales were up 1.8%, despite the disruption to business from the U.S. hurricanes. The company ended the quarter with inventory down 1% on a per store basis.
  • Shares of Boot Barn are threatening to trade over $10 for the first time since May.
  • Previously: Boot Barn beats by $0.02, beats on revenue (Nov. 2)
  • Now read: L Brands (NYSE:LB) Has More Upside


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