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Boot Barn (BOOT) Stock Pops on Earnings Beat

NEW YORK (TheStreet) -- Boot Barn Holdings (BOOT - Get Report) stock is up by 32.55% to $7.33 on heavy trading volume on Wednesday, after the Irvine, CA-based retail chain reported better-than-expected 2016 third quarter earnings results.

After the market close on Tuesday, the western clothing company reported earnings of 45 cents per share, while analysts were expecting earnings of 44 cents per share. Revenue rose by about 49% to $194 million, higher than analysts' forecasts for revenue of $192.13 million.

Same store sales declined by 2%, Boot Barn said.

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