earnings
confidence high
sentiment positive
materiality 0.75
Boot Barn Q2 net sales $312.7M (+69.5% YoY), net income $37.9M; appoints Jim Watkins CFO
Boot Barn Holdings, Inc.
2022-Q2 EPS reported
$2.59
revenue$619,044,000
- Net sales $312.7M, up 67.1% vs two-year ago; same-store sales +53.6%.
- Net income $37.9M ($1.25 diluted EPS); adjusted EPS $1.22.
- Gross margin improved 770 bps to 37.8% on buying leverage and merchandise margin.
- Full-year guidance: 10% new unit growth, capex $36-39M, effective tax rate 25.4%.
- Appoints Jim Watkins as CFO effective Nov 1; Greg Hackman remains EVP/COO.