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Boot Barn Reports Q3 Sales Grew 5.9%

Preliminary report shows sales of $514.6M for holiday period

Irvine-based Boot Barn Holdings Inc. (NYSE: BOOT) reported fiscal third-quarter sales climbed 5.9% for the period ended Dec. 24.

The chain of western-related footwear and apparel reported sales of $514.6 million and net income per share of $1.74. Analysts on average expected revenue of $509.8 million and $1.78 per share. Shares were relatively unchanged at $62.63 apiece during midday trading with a market cap of $1.9 billion.

Irvine’s Boot Barn opened 12 new locations in the third quarter.

“Once again, we were able to maintain our predominantly full-price selling environment in what seemed to be a highly promotional holiday period across retail,” Chief Executive Jim Conroy said in a statement.

The apparel company plans to announce final third quarter results in late January and will also give a forecast for its fourth quarter.

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