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Boot Barn Holdings, Inc. Appoints Gene Eddie Burt to Its Board of Directors

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Boot Barn Holdings, Inc. (NYSE: BOOT) has appointed Gene Eddie Burt as a new member of its Board of Directors. Burt, currently Executive Vice President and Chief Supply Chain Officer at Big Lots, brings over 30 years of retail experience, including roles at GNC, PetSmart, and Home Depot. CEO Jim Conroy expressed strong confidence in Burt's ability to enhance the Board's strategic capabilities to accelerate Boot Barn's growth. Following this appointment, the Board now comprises eight directors.

Positive
  • Gene Eddie Burt brings over 30 years of retail experience, enhancing strategic capabilities.
  • His background in supply chain and merchandising could drive operational efficiencies.
  • CEO Jim Conroy is optimistic about Burt's impact on board dynamics and company growth.
Negative
  • None.

Boot Barn Holdings, Inc. (the “Company”) (NYSE: BOOT) today announced that Gene Eddie Burt, Executive Vice President, Chief Supply Chain Officer of Big Lots Inc., has been appointed to its Board of Directors. With his appointment, the Board now consists of eight directors.

“I am thrilled to welcome Eddie to the Board of Directors. He is an experienced leader with a strong background across supply chain, merchandising and real estate operations. Eddie has a demonstrated track record of developing and implementing business strategies, and I believe his skillset will bring tremendous value to Boot Barn,” commented Jim Conroy, Chief Executive Officer. “Eddie’s retail industry experience and wide-ranging background will enhance the composition of our Board as we further grow the Boot Barn business across the country.”

Mr. Burt currently serves as the Executive Vice President, Chief Supply Chain Officer of Big Lots, Inc. Mr. Burt has over 30 years of experience in the retail industry, having previously served as the Executive Vice President of Merchandising and Supply Chain for GNC, Senior Vice President of Real Estate and Development for PetSmart, Inc., and Director of Domestic Distribution for The Home Depot, Inc.

About Boot Barn

Boot Barn is the nation’s leading lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The Company offers its loyal customer base a wide selection of work and lifestyle brands. As of the date of this release, Boot Barn operates 267 stores in 36 states, in addition to an e-commerce channel www.bootbarn.com. The Company also operates www.sheplers.com, the nation’s leading pure play online western and work retailer and www.countryoutfitter.com, an e-commerce site selling to customers who live a country lifestyle. For more information, call 888-Boot-Barn or visit www.bootbarn.com.

Forward Looking Statements

This press release contains forward-looking statements that are subject to risks and uncertainties. All statements other than statements of historical fact included in this press release are forward-looking statements. Forward-looking statements refer to our current expectations and projections relating to, by way of example and without limitation, our financial condition, liquidity, profitability, results of operations, margins, plans, objectives, strategies, future performance, business and industry. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as "anticipate", "estimate", "expect", "project", "plan“, "intend", "believe", “may”, “might”, “will”, “could”, “should”, “can have”, “likely”, “outlook” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events, but not all forward-looking statements contain these identifying words. These forward-looking statements are based on assumptions that the Company’s management has made in light of their industry experience and on their perceptions of historical trends, current conditions, expected future developments and other factors they believe are appropriate under the circumstances. As you consider this press release, you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties (some of which are beyond the Company’s control) and assumptions. These risks, uncertainties and assumptions include, but are not limited to, the following: the effect of COVID-19 on our business operations, growth strategies, store traffic, employee availability, financial condition, liquidity and cash flow; decreases in consumer spending due to declines in consumer confidence, local economic conditions or changes in consumer preferences; the Company’s ability to effectively execute on its growth strategy; and the Company’s failure to maintain and enhance its strong brand image, to compete effectively, to maintain good relationships with its key suppliers, and to improve and expand its exclusive product offerings. The Company discusses the foregoing risks and other risks in greater detail under the heading “Risk factors” in the periodic reports filed by the Company with the Securities and Exchange Commission. Although the Company believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect the Company’s actual financial results and cause them to differ materially from those anticipated in the forward-looking statements. Because of these factors, the Company cautions that you should not place undue reliance on any of these forward-looking statements. New risks and uncertainties arise from time to time, and it is impossible for the Company to predict those events or how they may affect the Company. Further, any forward-looking statement speaks only as of the date on which it is made. Except as required by law, the Company does not intend to update or revise the forward-looking statements in this press release after the date of this press release.

FAQ

Who has been appointed to Boot Barn's Board of Directors?

Gene Eddie Burt has been appointed to Boot Barn's Board of Directors.

What experience does Gene Eddie Burt bring to Boot Barn?

Gene Eddie Burt brings over 30 years of retail experience, including significant roles in supply chain and merchandising.

How many directors are on Boot Barn's Board after the new appointment?

After the appointment of Gene Eddie Burt, Boot Barn's Board now consists of eight directors.

What is the role of Gene Eddie Burt at Big Lots?

Gene Eddie Burt is currently the Executive Vice President and Chief Supply Chain Officer at Big Lots.

What is Jim Conroy's view on Gene Eddie Burt's appointment?

Jim Conroy, CEO of Boot Barn, expressed enthusiasm and confidence that Burt's experience will bring tremendous value to the company.

Boot Barn Holdings, Inc.

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Apparel Retail
Retail-shoe Stores
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United States of America
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