Boot Barn Holdings, Inc. reported a significant increase in financial performance for the thirteen weeks ended June 27, 2026, with net sales reaching $593.5 million, a 17.7% increase from $504.1 million in the same period last year. The company's gross profit also rose by 21.6% to $239.9 million, resulting in a gross profit margin of 40.4%, up from 39.1% a year earlier. Net income for the period was $70.1 million, compared to $53.4 million in the prior year, translating to earnings per share of $2.31, up from $1.75.

The increase in revenue was attributed to a combination of new store openings and a 4.7% rise in same-store sales, which included a notable 13.4% increase in e-commerce sales. The company operated 566 stores across 49 states as of June 27, 2026, up from 539 stores at the end of the previous fiscal period. This expansion reflects Boot Barn's strategy to enhance its market presence and capitalize on consumer demand for western and work-related apparel and footwear.

Boot Barn's operational metrics showed a solid performance, with average sales per comparable store increasing to $1,046 from $1,031. The company also recognized $14.7 million in tariff refunds, which positively impacted its cost of goods sold. However, selling, general, and administrative expenses rose by 18.1% to $149.4 million, primarily due to increased payroll and marketing costs associated with the expanded store base.

Looking ahead, Boot Barn remains cautious about economic conditions that could affect consumer discretionary spending. The company anticipates that its cash flows from operations and access to a recently increased revolving credit facility of $500 million will be sufficient to support its growth initiatives and working capital needs. The company plans to invest between $125 million and $130 million in capital expenditures for fiscal 2027, which includes costs related to new store openings and improvements to existing facilities.

About Boot Barn Holdings, Inc.

Boot Barn Holdings, Inc. is the largest U.S. lifestyle retailer specializing in western and work-related footwear, apparel, and accessories. Operating over 450 stores nationwide and multiple e-commerce sites, it serves western enthusiasts and workers seeking durable, high-quality products. The company offers a broad assortment of leading and exclusive brands, combining a one-stop shopping experience with strong supplier relationships, a loyal customer base, and integrated omni-channel retailing.

This description was generated via AI from an annual report. Updated about 1 year ago.

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