Welcome to our dedicated page for Boot Barn Hldgs news (Ticker: BOOT), a resource for investors and traders seeking the latest updates and insights on Boot Barn Hldgs stock.
Boot Barn Holdings, Inc. (NYSE: BOOT) is a specialty retailer focused on western and work-related footwear, apparel and accessories, and its news flow reflects both operational performance and corporate developments. Company press releases frequently provide detailed quarterly and annual financial results, including net sales, same store sales, merchandise margin, gross profit, selling, general and administrative expenses, and income from operations.
Investors following BOOT news can see updates on store expansion, with the company regularly reporting the number of new stores opened in each quarter and its total store count across 49 states. Earnings releases also highlight trends by channel, such as retail store same store sales and e-commerce same store sales, along with e-commerce as a percentage of net sales. Management commentary often discusses factors driving performance, including buying economies of scale, supply chain efficiencies, shrink expense, exclusive brand penetration, and expense control.
Boot Barn’s news also covers guidance for upcoming fiscal periods, including expectations for total sales, same store sales, merchandise margin, gross profit, SG&A expenses, income from operations, net income and capital expenditures. Additional announcements may include conference participation, investor presentations, board and executive leadership updates, and shareholder matters such as share repurchase programs.
Because Boot Barn operates both physical stores and e-commerce platforms, news items can touch on omnichannel initiatives and partnerships. For example, the company has announced a multi-year renewal of its exclusive partnership with Affirm as a pay-over-time provider online and in-store. Readers who track BOOT news can use this page to monitor financial performance, store growth, capital allocation decisions and other disclosures that the company furnishes through press releases and related SEC filings.
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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.
Boot Barn Holdings, Inc. (NYSE: BOOT) will release its financial results for Q3 FY 2023 on January 25, 2023, after market close. A conference call will follow at 4:30 p.m. ET to discuss the results. Interested parties can join by calling (877) 451-6152 or via a live webcast. Boot Barn, the leading retailer of western and work-related apparel, operates 335 stores across 41 states and maintains a robust online presence. The company is focused on providing a diverse selection of lifestyle and work brands to its customers.
Boot Barn Holdings, Inc. (NYSE: BOOT) announced preliminary results for Q3 FY 2023, revealing a 5.9% increase in net sales, totaling approximately
Boot Barn Holdings, Inc. (NYSE: BOOT) reported second-quarter financial results for the period ended September 24, 2022. Net sales rose 12.4% year-over-year to $351.5 million. Consolidated same-store sales increased 2.3%, supported by a 3.9% rise in retail, while e-commerce saw a decline of 7.0%. Net income fell to $32.1 million or $1.06 per diluted share, compared to $37.9 million or $1.25 per diluted share a year earlier. The company plans to open 40 new stores and expects total sales for the fiscal year to be between $1.65 billion and $1.67 billion.
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