Boot Barn Holdings, Inc. provided a positive business update for its second fiscal quarter, announcing it expects both total sales and earnings per share (EPS) to be at the high end of its previously issued guidance. The company reaffirmed its same-store sales guidance for the quarter, citing improved sales trends and strong performance from new store locations.
Key Details
- Updated Outlook: Total sales and EPS for the second fiscal quarter are now expected to be at the high end of the company's prior guidance ranges.
- Performance Driver: The improved total sales outlook is driven by the strength of the company's new stores.
- Sales Trends: Same-store sales grew 2% in fiscal August and have continued at that pace through the first three weeks of fiscal September, supporting the reaffirmation of Q2 same-store sales guidance.