Andrew Linden
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Boot Barn Holdings, Inc. Announces Third Quarter Fiscal Year 2016 Financial Results

The company is traded slightly above its 52-weeks low, but such a great performance this year pushes the stock up right now. 

Adjusted gross profit was $65.0 million or 33.5% of net sales (on a GAAP basis, gross profit was $64.2 million or 33.1%) in the third quarter of fiscal year 2016, an increase of $18.8 million or 40.7% from gross profit of $46.2 million, or 35.4% of net sales in the prior-year period.

I have some concerns about this line though:

Consolidated same store sales (which include e-commer ce and Sheplers sales) declined 2.0%, with Boot Barn and Sheplers performing similarly;

It seems that the company increased the revenue due to the expansion. How long will it last?