Boot Barn Sees Q1 EPS $0.94-$1.00 vs $1.09 Est., Total Sales $399M-$407M vs $398.23M Est.
Portfolio Pulse from Benzinga Newsdesk
Boot Barn forecasts Q1 earnings per share (EPS) to be between $0.94 and $1.00, below the estimated $1.09. The company anticipates total sales to range from $399M to $407M, slightly above the $398.23M estimate.
May 14, 2024 | 8:13 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Boot Barn's projected Q1 EPS is below expectations, but sales forecasts slightly exceed estimates.
The lower than expected EPS forecast could negatively impact investor sentiment, potentially putting downward pressure on BOOT's stock price. However, the higher sales forecast could offset some of the negative impact by suggesting that the company's revenue generation remains strong. The mixed nature of this news leads to a neutral short-term price direction score.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100