Boot Barn Holdings Sees Q3 GAAP EPS $1.96-2.07 vs $2.10 Est; Sees Sales $582.000M-595.000M vs $588.61M Est.
Portfolio Pulse from Benzinga Newsdesk
Boot Barn Holdings has provided guidance for Q3 GAAP EPS between $1.96 and $2.07, which is below the analyst estimate of $2.10. The company also expects sales to range from $582 million to $595 million, compared to the analyst estimate of $588.61 million.
October 28, 2024 | 8:19 pm
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NEGATIVE IMPACT
Boot Barn Holdings' Q3 guidance for GAAP EPS is below analyst expectations, which may negatively impact the stock price. Sales guidance is within the range of estimates.
The company's guidance for Q3 GAAP EPS is below the analyst estimate, which is typically viewed negatively by investors and could lead to a short-term decrease in stock price. However, the sales guidance is within the range of estimates, which may mitigate some negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100