Boot Barn: Fiscal 4Q Earnings Snapshot

IRVINE, Calif. (AP) _ Boot Barn Holdings Inc. (BOOT) on Wednesday reported fiscal fourth-quarter profit of $5.7 million.

On a per-share basis, the Irvine, California-based company said it had net income of 20 cents. Earnings, adjusted for pretax gains, were 18 cents per share.

The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share.

The Western apparel and footwear retailer posted revenue of $188.6 million in the period, also falling short of Street forecasts. Five analysts surveyed by Zacks expected $195.5 million.

For the year, the company reported profit of $47.9 million, or $1.64 per share. Revenue was reported as $845.6 million.

Boot Barn shares have declined 50% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $22.43, a decline of 22% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BOOT at https://www.zacks.com/ap/BOOT