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.
Boot Barn Holdings reported a 1.4% decline in net sales for Q2 FY2021, totaling $184.5 million, with same store sales down 5.1%. Retail store sales dropped 9.1%, while e-commerce surged 17.6%. Net income fell to $5.8 million, or $0.20 per diluted share, down from $7.7 million in the prior year. The company opened one new store and reported cash reserves of $35.7 million. Although challenges remain, e-commerce performance showed resilience, and sales trends improved towards the quarter's end.
Boot Barn Holdings (NYSE: BOOT) announced its financial results release for Q2 fiscal 2021, ending September 26, 2020, set for October 28, 2020. The earnings report will follow a conference call at 4:30 p.m. ET on the same day. Investors can participate by dialing (877) 451-6152 before the call or via a live webcast at the company's investor relations page. A replay of the call will be available until November 28, 2020. Boot Barn is the leading retailer of western and work-related footwear and apparel, operating 266 stores across 36 states alongside an e-commerce platform.