Boot Barn (BOOT) Reports Q1 Earnings: What Key Metrics Have to Say

Core Insights - Boot Barn reported revenue of $423.39 million for the quarter ended June 2024, a year-over-year increase of 10.3$415.98 million [1] - The EPS for the same period was $1.20, compared to$1.11 a year ago, with an EPS surprise of +11.11% against the consensus estimate of $1.08 [1] Performance Metrics - Same Store Sales growth was 1.4%, outperforming the estimated decline of -0.9% by four analysts [3] - Average store square footage at the end of the period was 11,063, exceeding the estimated 10,928 by two analysts [3] - The company opened/acquired 11 stores, slightly below the average estimate of 13 based on two analysts [4] - Total stores operating at the end of the period reached 411, surpassing the average estimate of 403 by two analysts [5] Stock Performance - Boot Barn shares have returned -5.8% over the past month, compared to the Zacks S&P 500 composite's -5.9% change [5] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating potential for outperformance in the near term [5]