Boot Barn's net sales grew 5.9 percent in its third quarter to $514.6 million on net income of $52.8 million, or $1.74 per diluted share. The Western-themed lifestyle retailer raised top-line estimates for the remainder of its fiscal year, while lowering its bottom-line projections when releasing fourth-quarter guidance update. In a Nutshell: Boot Barn released the bare bones of its third-quarter results earlier this month at the ICR Conference, but the company this week gave a more in-depth look at its expectations for the remainder of the fiscal year. For the fourth quarter, Boot Barn now expects total sales of $438 million to $448 million, representing growth of 14.4 percent to 17 percent over the prior year. The projections pushed the company's full-year outlook to a sales range of $1.67 billion to $1.68 billion, which would mark growth of 12.2 percent to 12.9 percent over the prior year. Previous expectations were between $1.65 billion and $1.67 billion. The Irvine, Calif.-based retailer now forecasts net income of $167.2 million to $170 million for the full year, down from prior prognoses of $173.3 million to $179.3 million. Thus far, the retailer says preliminary consolidated same-store sales in January have declined 1.5 percent compared to January 2022, driven
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