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Boot Barn Holdings, Inc. (symbol: BOOT) is a prominent specialty retailer in the United States, dedicated to sustaining America’s western heritage through quality products and exceptional value. Established over thirty years ago in Orange County, California, Boot Barn has grown to become the nation’s largest retailer of western and work-related footwear, apparel, and accessories. With an impressive network of 150 stores spread across 23 states, coupled with a robust e-commerce platform, Boot Barn offers an extensive selection of products catering to a variety of customer needs.
At Boot Barn, you will find more than 500,000 pairs of boots, including western, work, and fashion styles, and over 8,000 styles of jeans, shirts, hats, belts, jewelry, and more. The company prides itself on offering the latest styles from beloved brands, ensuring that customers can find everything they need for work or casual wear under one roof. Whether you're looking for rugged work boots or stylish western wear, Boot Barn is committed to outfitting you from head to toe.
Boot Barn’s success can be attributed to its unwavering commitment to quality, heritage, and community values. The company’s single operating segment includes net sales generated from its retail stores and e-commerce websites, creating a seamless shopping experience for customers nationwide. Recent achievements include the expansion of their store network and continued growth in e-commerce sales, reinforcing their market position as a leading retailer.
With a focus on delivering excellent customer service, Boot Barn ensures that every shopping experience is satisfactory, reflecting the company’s dedication to hard work and the community. Stay updated with the latest news and developments about Boot Barn Holdings, Inc., as the company continues to innovate and expand, meeting the diverse needs of their customers.
Boot Barn Holdings reported Q2 FY2025 financial results and announced CEO transition. Net sales increased 13.7% to $425.8 million, with same-store sales up 4.9%. Net income reached $29.4 million ($0.95 per diluted share), compared to $27.7 million ($0.90 per diluted share) in the prior year. The company opened 15 new stores, reaching 425 locations.
CEO Jim Conroy will step down effective November 22, 2024, to join Ross Stores. John Hazen, current Chief Digital Officer, will become Interim CEO, while Peter Starrett will assume the role of Executive Chairman. For FY2025, Boot Barn projects total sales of $1.874-1.907 billion and plans to open 60 new stores.
Boot Barn Holdings, Inc. (NYSE: BOOT) announced its participation in the Piper Sandler Growth Frontiers Conference on September 10, 2024. The company also provided an update on its recent performance, highlighting positive same-store sales across both channels, all four store geographies, and every major merchandise classification. CEO Jim Conroy noted sequential improvement from July to August and into the first two weeks of fiscal September. The company reported consolidated same-store sales growth of 4.0% for the ten-week fiscal second quarter, with retail stores at 3.4% and e-commerce at 9.2%. Despite ongoing macro uncertainty, Boot Barn expressed increased confidence in the underlying business tone as they approach the holiday quarter.
Boot Barn Holdings, Inc. (NYSE: BOOT) reported strong financial results for Q1 FY2025. Net sales increased 10.3% to $423.4 million, with same-store sales up 1.4%. Net income rose to $38.9 million, or $1.26 per diluted share, compared to $34.3 million, or $1.13 per share, in the prior year. The company opened 11 new stores, bringing its total to 411.
Key highlights include:
- Retail store same-store sales up 0.8%
- E-commerce same-store sales up 6.7%
- Gross profit of $156.7 million, or 37.0% of net sales
- Income from operations increased to $50.2 million
Boot Barn also provided updated guidance for FY2025, projecting total sales of $1.816-$1.850 billion and net income per diluted share of $5.05-$5.35.
Boot Barn Holdings, Inc. (NYSE: BOOT) has announced the release date for its first quarter fiscal year 2025 financial results. The company will disclose its earnings for the quarter ended June 29, 2024, after the market closes on Wednesday, August 7, 2024. Following the release, management will host a conference call at 4:30 p.m. ET (1:30 p.m. PT) to discuss the financial results.
Investors and analysts can participate in the call by dialing (866) 652-5200 at 4:25 p.m. ET. The call will also be available via live webcast on the company's investor relations website. A telephone replay will be accessible until September 7, 2024, using the conference identification number: 10191114.
Boot Barn Holdings, a leading lifestyle retailer, announced its participation in several upcoming investor conferences. These include the B. Riley 24th Annual Institutional Investor Conference on May 23, 2024, and the Craig-Hallum 21st Annual Institutional Investor Conference on May 29, 2024. The company will also be featured at the TD Cowen 8th Annual Future of the Consumer Conference on June 4, 2024, with a webcast Fireside Chat at 9:30 am Eastern Time. Additionally, Boot Barn will present at the Baird 2024 Global Consumer, Technology & Services Conference on June 5, 2024, and the William Blair 44th Annual Growth Stock Conference on June 6, 2024, with a webcast presentation at 11:40 am Eastern Time. Both the TD Cowen Fireside Chat and the William Blair Presentation will be webcast live and accessible for 90 days on the Boot Barn investor relations website.
Boot Barn Holdings (NYSE: BOOT) announced its Q4 and FY24 financial results. For Q4, net sales fell 8.7% YoY to $388.5 million, while same-store sales dropped 5.9%. Net income decreased to $29.4 million ($0.96 per share) from $46.4 million ($1.53 per share). The fiscal year's net sales grew 0.6% to $1.667 billion, but same-store sales declined 6.2%. Annual net income was $147.0 million ($4.80 per share), down from $170.6 million ($5.62 per share). The company opened 55 new stores in FY24, reaching a total of 400. FY25 guidance includes opening 60 new stores, achieving sales between $1.766 billion and $1.800 billion, and an EPS range of $4.55 to $4.85.
Boot Barn Holdings, Inc. (NYSE: BOOT) will announce its financial results for the fourth quarter and fiscal year 2024 on May 14, 2024. The company will host a conference call to discuss the results at 4:30 p.m. ET. Investors can join the call via phone or webcast.