earnings
confidence high
sentiment positive
materiality 0.80
Boot Barn Q3 net sales $485.9M, EPS $2.27; same-store sales up 54% YoY
Boot Barn Holdings, Inc.
2022-Q3 EPS reported
$4.86
revenue$1,104,948,000
- Net sales $485.9M, up 60.7% YoY and 71.1% vs two years ago; net income $69.2M.
- Diluted EPS $2.27 ($2.23 adjusted excl. share-based tax benefit); operating income $92.2M.
- Consolidated same-store sales up 54.2% (retail +55.7%, e-commerce +48.4%).
- Gross margin 39.4% (up 410 bps); merchandise margin up 270 bps; SG&A leverage 110 bps.
- Cash $114.7M, no debt; opened 11 new stores; FY22 guidance: 10% unit growth, capex $41-43M.