Boot Barn downgraded its 2024 outlook after Q3 net sales missed expectations at $520.4M, with a 9.7% decline in same-store sales.

Boot Barn downgraded its 2024 outlook after reporting a net sales miss in Q3. Net sales came in at $520.4 million for the quarter, below expectations of $535 million. Same store sales declined by 9.7% during the quarter, while net income was $55.6 million. The company has lowered its full-year outlook due to the decline in sales.

January 31, 2024
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