Boot barn holdings, inc. revises earnings guidance for the fiscal year ending march 28, 2020; provides earnings guidance for the third quarter ending december 28, 2019; to open or acquire 25 stores for the fiscal year 2020

Boot barn holdings, inc. revised earnings guidance for the fiscal year ending march 28, 2020. for the fiscal year ending march 28, 2020 the company now expects same store sales growth of approximately 6.5%, compared to the company’s prior outlook of 6.0%. income from operations now expected in the range of $78.0 million to $81.0 million, compared to the company’s prior outlook of $75.4 million to $78.6 million. net income now expected in the range of $49.0 million to $51.3 million, compared to the company’s prior outlook of $46.2 million to $48.5 million. net income per diluted share now expected in the range of $1.67 to $1.75, compared to the company’s prior outlook of $1.57 to $1.65. for the fiscal third quarter ending december 28, 2019, the company expects same store sales growth of 5.0%. total sales now expected in the range of $275.0 million to $280.0 million. net income per diluted share now expected in the range of $0.73 to $0.77. for the fiscal year ending march 28, 2020 the company now expects to open or acquire 25 stores, including stores opened fiscal year-to-date.
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