BOOT Research | Milton Maxwell

BOOT

Boot Barn Holdings, Inc.

202.14

-3.13-1.52%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

FY Q3 '26

2/3/26Feb 3, 2026

Key Stats

Market Cap

6.18B

P/E (TTM)

29.86

Basic EPS (TTM)

6.77

Dividend Yield

Recent Filings

8-K

Boot Barn Q2 sales soar 18.7%

10/29/25Oct 29, 2025

Boot Barn crushed Q2 with net sales up 18.7% to $505.4M, same-store sales +8.4%, and net income $42.2M or $1.37/share—operating margin hit 11.2%. Stores reached 489 after 16 openings; TAM now $58B with 1,200-store potential. Momentum builds. FY26 sales guide $2.197B-$2.235B, EPS $6.75-$7.15.

8-K

Stockholders approve directors, pay

8/28/25Aug 28, 2025

Boot Barn stockholders at the August 27, 2025 annual meeting elected all eight director nominees, including Lisa G. Laube who faced notable withhold votes. They approved say-on-pay (96% for), annual frequency (overwhelmingly), and Deloitte as auditor. Board locked in yearly comp votes through 2031. Continuity holds firm.

10-Q

Q1 FY2026 results

7/31/25Jul 31, 2025

Boot Barn crushed Q1 FY2026 with net sales jumping 19.1% y/y to $504.1M on 9.4% same-store growth and 14 new stores, pushing gross margin to 39.1% from 37.0% via better merchandise margins and buying leverage. Operating income soared 40.8% y/y to $70.7M (14.0% margin), diluted EPS hit $1.74 (reconciles to 30,750 diluted shares), while cash swelled to $95.3M on $73.9M operating cash flow and $42.4M FCF (derived). No revolver draw on $250M facility, covenant compliant; repurchased $12.5M shares. Stores drove 91% sales. Inflation sensitivity looms large.

8-K

Boot Barn Q1 sales soar 19%

7/31/25Jul 31, 2025

Boot Barn crushed Q1 fiscal 2026 with net sales up 19.1% to $504.1M, same-store sales rising 9.4%, and net income hitting $53.4M or $1.74 per share—38% EPS growth. Gross margins expanded 210bps to 39.1% via merchandise gains and cost leverage, while opening 14 stores to reach 473. Raised FY26 sales outlook to $2.10B-$2.18B; tariffs loom large.

8-K

Boot Barn FY25 results, tariff impact

6/2/25Jun 2, 2025

Boot Barn released its investor presentation on June 2, 2025, detailing FY25 results of $1,911M total sales, up 5.5% with 5.2% SSS growth, and $5.88 EPS. New stores deliver 53% year-1 cash-on-cash returns and 1.8-year payback. Tariffs hit exclusive brands with $8M added FY26 COGS, yet margins hold flat via mitigation. Growth targets 15% unit expansion.

About

Boot Barn Holdings, Inc. operates specialty retail stores in the United States and internationally. The company's lifestyle retail chain engages in the sale of western and work-related footwear, apparel and accessories for men, women, and kids. It also offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry and accessories, rugged footwear, outerwear, overalls, denim, safety-toe boots, and flame-resistant and high-visibility clothing, as well as gifts and home merchandise. The company provides its products under the Shyanne, Cody James, Moonshine Spirit, Idyllwind, Hawx, Cody James Work, Cleo + Wolf, Brothers & Sons, Rank 45, Blue Ranchwear, Cody James Black 1978, Ariat, Cinch, Corral, Dan Post, Durango, El Dorado, Justin, Laredo, Levi's, Miss Me, Montana Silversmiths, Resistol, Stetson, Tony Lama, Twisted X, Wrangler, Carhartt, Georgia Boot, Hawx, Thorogood, Timberland Pro and Wolverine, and Gibson brand names. It sells its products through various e-commerce platforms, such as bootbarn.com, sheplers.com, countryoutfitter.com, and idyllwind.com; and third-party marketplaces, as well as the Boot Barn application. The company was formerly known as WW Top Investment Corporation and changed its name to Boot Barn Holdings, Inc. in June 2014. Boot Barn Holdings, Inc. was founded in 1978 and is based in Irvine, California.

CEO

Mr. Peter M. Starrett

IPO

10/30/2014

Website

https://www.bootbarn.com

Employees

3,300

Sector

Consumer Cyclical

Industry

Apparel Retail