Boot Barn Holdings Inc. (NYSE: BOOT) saw its stock price plunge 5.17% in after-hours trading on Thursday, despite reporting solid fourth-quarter results for fiscal year 2024. The drop came as the company provided a slightly disappointing earnings guidance for the upcoming first quarter of fiscal 2025.
In its Q4 2024 earnings report, Boot Barn posted revenue of $608.2 million, up 16.9% year-over-year, in line with analyst expectations. The company's earnings per share (EPS) of $2.43 also narrowly beat consensus estimates of $2.41. However, the company's guidance for Q1 2025 EPS of $1.22 fell short of analysts' expectations of $1.25, sparking concerns among investors.
Despite the muted earnings outlook, Boot Barn reported positive momentum in its business, with same-store sales increasing by 8.6% year-over-year, a significant turnaround from recent declines. The company also continued its aggressive store expansion strategy, opening 39 new locations in the first three quarters of fiscal 2024.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。