Boot Barn Holdings Sees FY24 EPS $4.75-$5; Total Sales $1.677B-$1.702B Vs $1.74B Est.
Portfolio Pulse from Benzinga Newsdesk
Boot Barn Holdings has projected its FY24 earnings per share (EPS) to be between $4.75 and $5. The company also expects total sales to range from $1.677 billion to $1.702 billion, which is lower than the estimated $1.74 billion.
November 02, 2023 | 9:25 pm
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NEGATIVE IMPACT
Boot Barn Holdings' lower than expected sales forecast for FY24 may negatively impact its stock price.
Boot Barn Holdings' projected sales for FY24 are lower than the estimated $1.74 billion. This lower than expected forecast could lead to a decrease in investor confidence, potentially causing a drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100