04:28 PM EDT, 05/14/2024 (MT Newswires) -- Boot Barn Holdings ( BOOT ) reported fiscal Q4 net income Tuesday of $0.96 per diluted share, down from $1.53 a year earlier.

Analysts polled by Capital IQ expected EPS of $0.89.

Net sales in the quarter ended March 30 fell to $388.5 million from $425.7 million a year earlier.

Analysts surveyed by Capital IQ expected $385 million.

In fiscal Q1, the company expects net income per share of $0.94 to $1 on sales of $399 million to $407 million. Analysts polled by Capital IQ expect EPS of $1.11 on revenue of $398.8 million.

In fiscal 2025, Boot Barn ( BOOT ) forecasts net income per share of $4.55 to $4.85 on sales of $1.77 billion to $1.8 billion. Analysts polled by Capital IQ expect EPS of $5.18 on revenue of $1.83 billion.

The company's shares tumbled 7.5% in after-hours trading.

Price: 99.00, Change: -8.03, Percent Change: -7.50