earnings
confidence high
sentiment positive
materiality 0.80
Boot Barn Q3 prelim EPS $2.27, sales $485.9M (+71% vs 2yr ago); debt repaid
Boot Barn Holdings, Inc.
2022-Q3 EPS reported
$4.86
revenue$1,104,948,000
- Net sales $485.9M, up 71.1% vs Q3 FY2020; same-store sales +61.0%.
- Diluted EPS $2.27 (incl. $0.04 tax benefit); adjusted EPS $2.23, +175% vs $0.81 two years ago.
- Cash $115M; repaid remaining $50M term loan; no debt outstanding at quarter end.
- Merchandise margin expanded 420 bps vs two years ago; strong full-price selling and exclusive brand penetration.
- Momentum continued into Q4; management cites customer growth and excellent execution despite supply chain challenges.