Boot Barn (BOOT) Reports Q3 Earnings: What Key Metrics Have to Say

Boot Barn (BOOT) reported $608.17 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 16.9%. EPS of $2.43 for the same period compares to $1.81 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $608.22 million, representing a surprise of -0.01%. The company delivered an EPS surprise of +2.10%, with the consensus EPS estimate being $2.38.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Boot Barn performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Same Store Sales (decline)/growth: 8.6% versus the four-analyst average estimate of 8.7%. Stores Opened/Acquired: 13 versus 13 estimated by two analysts on average. Average store square footage, end of period: 11,134 versus 11,084 estimated by two analysts on average. Stores operating at end of period: 438 compared to the 438 average estimate based on two analysts. Total retail store square footage, end of period: 4.88 million versus 4.86 million estimated by two analysts on average. View all Key Company Metrics for Boot Barn here>>>Shares of Boot Barn have returned +14.2% over the past month versus the Zacks S&P 500 composite's +1.2% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks