Boot Barn: Q3 Earnings Exceed Expectations, Shares Surge
[Para 1: The Lead] Boot Barn Holdings Inc. (BOOT) reported a fiscal third-quarter profit of $85.8 million, surpassing Wall Street expectations. Earnings per share were $2.79, matching analyst forecasts. Revenue of $705.6 million also met market projections. [Para 2-3: Supporting details & Context] The company expects fourth-quarter earnings per share between $1.35 and $1.45, with revenue forecasted at $525 million to $535 million. Full-year earnings are projected at $7.25 to $7.35 per share, with revenue anticipated between $2.24 billion and $2.25 billion. Since the start of the year, Boot Barn shares have climbed 4%. On the day of the earnings announcement, shares reached $183.20, up 27% over the past 12 months.