For the 13 weeks ended December 29, the Irvine, California, company posted net sales of $254.01 million, compared with the $254.54 million average estimate of analysts. It reported earnings per share of $0.66, matching the Wall Street consensus.
Shares of Boot Barn fell 2% to $23 in after-hours trading.
Same store sales increased 9.2%, with double-digit growth in e-commerce and high single-digit growth in retail stores, according to Boot Barn.
The company added that it now expects same-stores sales growth of about 10%.and total sales of $186 million to $189 million for the fiscal year ended in March.
“The strategies we have in place have us well-positioned to conclude a very successful fiscal 2019 with a strong fourth quarter performance,” CEO Jim Conroy said in a statement.
Contact Dennis Fitzgerald at [email protected]