Boot Barn Announces Earnings and Raises Annual Earnings Guidance

Boot Barn Holdings, Inc. (BOOT) announced its second quarter FY 2018 earnings on November 2. Net sales increased 6.8%, and same-store sales increased by 1.8%. Net income per diluted share was $0.04 compared to $0.02 at the same time last year. The company raised net income expectations to between $15.4 million and $16.6 million from prior estimates of $14 million to $15.4 million.

 

Sonal detected the event and sent an alert at 4:10 pm. The next trade took place at 4:19 pm for $9.05. The market opened for regular trading the next morning at $10.53. The stock price continued to trend up over the next few trading sessions, and it closed at $12 on November 10. That makes a gain of over 32% in the six trading sessions after the announcement.

If you want to learn more about guidance changes and how to trade these events, visit the Knowledge Center.

To see the latest weekly webinar, you can visit our Live Webinar page.

Subscribe here if you would like to start receiving these signals in real-time and start trading!