secwatch.observer — SEC 8-K summary
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Issuer:     Boot Barn Holdings, Inc. (BOOT)
CIK:        0001610250
Form:       8-K
Filed at:   2021-08-04T23:59:59+00:00
Accession:  0001157523-21-000999
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Boot Barn Q1 FY2022 net sales $306M (+65% vs 2yr ago), EPS $1.35, raises exclusive brand penetration guidance
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- Net income $40.6M ($1.35 diluted EPS) vs $9.7M ($0.33) two years ago; adjusted EPS $1.26 excluding tax benefit.
- Same-store sales up 52.3% vs two years ago; retail +51.7%, e-commerce +55.8%; total sales +107% YoY.
- Exclusive brand penetration growth guidance raised to +350bps (from +250bps); new store growth target 10%.
- Cash $49.6M; prepaid $61.5M term loan; total debt reduced to $50M; revolver expanded to $180M post-quarter.
- Gross margin 38.0% vs 27.2% YoY; operating margin 17.5% vs 1.2% YoY; 1,080bps gross margin expansion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1610250/000115752321000999/0001157523-21-000999-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1610250/000115752321000999/a52471390.htm
  HTML page:      https://secwatch.observer/filing/0001157523-21-000999

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