Boot Barn Reports 18.7% Revenue Growth to $505.4 Million in Latest Quarter

Boot Barn Holdings, Inc. reported significant financial growth in its latest quarterly results, with net sales reaching $505.4 million for the thirteen weeks ended September 27, 2025, an increase of 18.7% compared to $425.8 million for the same period last year. The company's gross profit also rose by 20.5% to $184.1 million, resulting in a gross profit margin of 36.4%, up from 35.9% in the prior year. Net income for the quarter was $42.2 million, a substantial increase from $29.4 million in the previous year, reflecting a net income margin of 8.4%.

In the first half of the fiscal year, Boot Barn's net sales totaled $1.009 billion, marking an 18.9% increase from $849.2 million in the same period last year. The company reported a consolidated same-store sales growth of 8.9%, driven by both new store openings and increased sales in existing locations. The gross profit for the twenty-six weeks ended September 27, 2025, was $381.4 million, with a gross profit margin of 37.8%, up from 36.5% in the previous year.

Operationally, Boot Barn expanded its footprint, operating 489 stores across 49 states as of September 27, 2025, compared to 425 stores a year earlier. The company also reported an increase in average sales per comparable store, which reached $996, up from $952 in the prior year. The increase in store count and sales performance contributed to a 41.1% rise in income from operations for the quarter, totaling $56.4 million.

The company has also been active in its capital management, repurchasing $25 million worth of its common stock during the quarter under its $200 million share repurchase program. As of September 27, 2025, Boot Barn had $175 million remaining under this program. The company’s cash and cash equivalents stood at $64.7 million, down from $69.8 million at the end of the previous fiscal period, reflecting ongoing investments in inventory and store expansion.

Looking ahead, Boot Barn anticipates continued growth driven by consumer demand for its products, although it acknowledges potential challenges from economic conditions and consumer spending patterns. The company plans to invest between $125 million and $130 million in capital expenditures for fiscal 2026, focusing on new store openings, refurbishments, and enhancements to its e-commerce capabilities.