earnings
confidence high
sentiment positive
materiality 0.90
Boot Barn Q4 sales +48% to $383M; EPS $1.47; raises TAM to $40B, sees 900 stores
Boot Barn Holdings, Inc.
2022-FY EPS reported
$6.33
revenue$1,488,256,000
- Q4 net sales $383.3M (+48% YoY); same-store sales +33.3% (retail +30.7%, e-commerce +49.5%).
- FY2022 net sales $1.488B (+66.6%); net income $192.5M; diluted EPS $6.33 (adjusted $6.16).
- Updated TAM to $40B from $20B; new long-term store target of 900 stores (currently 300).
- FY2023 outlook: same-store sales +4.8%, total sales $1.74B, EPS $6.41; Q1 EPS $1.14.
- First 6 weeks of FY2023 same-store sales +12%; expects to open 40 stores in FY2023.