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. reports company news tied to its specialty retail business in western and work-related footwear, apparel and accessories for men, women and children. Recurring updates cover fiscal results, same-store sales, merchandise margin, new-store contribution, e-commerce performance and category trends across western boots, work boots, apparel and denim.
The company’s news also includes store expansion commentary, investor presentations, payment and retail partnerships, and board governance items. Boot Barn operates through its retail stores and e-commerce channels, including the Boot Barn, Sheplers and Country Outfitter brands.
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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.