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Boot Barn Holdings Inc (BOOT) provides investors and western lifestyle enthusiasts with authoritative updates through this dedicated news hub. Track official announcements, financial disclosures, and market developments from America's leading western wear retailer.
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Boot Barn Holdings, Inc. (NYSE: BOOT) announced the planned retirement of Executive Vice President and Chief Operating Officer Gregory V. Hackman, expected in June. Hackman joined Boot Barn in 2015 as CFO and played a significant role in expanding the company from 150 to nearly 350 stores and increasing revenue by over $1 billion. President and CEO Jim Conroy expressed gratitude for Hackman's leadership and contributions during his eight-year tenure. Hackman's legacy includes a profound impact on the company and its executives as he transitions responsibilities to other executives.
Boot Barn Holdings, Inc. (NYSE: BOOT) reported its financial results for the third fiscal quarter ended December 24, 2022. Net sales rose by 5.9% to $514.6 million despite a 3.6% decline in same store sales, attributed to a 15.2% drop in e-commerce sales. Net income fell to $52.8 million from $69.2 million, resulting in earnings per share of $1.74. The company opened 12 new stores, bringing the total to 333. For fiscal 2023, revised guidance anticipates total sales of $1.67 billion to $1.68 billion, with net income projected between $167.2 million and $170.0 million.
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