Boot Barn ($BOOT) faces challenges as its revenue guidance for next year falls short of estimates, with planned store expansion and margin pressures affecting performance. The company's capex exceeded projections due to additional store openings. Concerns also arise from an increase in men's clearance items. Stock prices decline as investors react to the disappointing outlook and e-commerce brand impairment.
🇺🇸 Boot Barn’s stock sinks after it expects continued consumer caution in outlook https://t.co/ci6Oo01Ogk
$BOOT (-3.8% pre) Boot Barn slides after full-year guidance underwhelms - SA https://t.co/BnOKPXQ3mn
Gibberish this morning from the stock promoters defending a struggling retail stock promotion story in $BOOT. Meanwhile, the 10-K shows one of its e-commerce brands took an impairment charge and more concerning language changes were made to the Critical Audit Matter around…