earnings
confidence high
sentiment negative
materiality 0.70
Boot Barn preliminary Q3 net sales +5.9% to $514.6M; EPS $1.74 vs $2.27; same-store sales -3.6%
Boot Barn Holdings, Inc.
2023-Q3 EPS reported
$4.09
revenue$1,231,954,000
- Net sales $514.6M (+5.9% YoY); same-store sales fell 3.6% (retail -0.8%, e-commerce -15.2%).
- Diluted EPS $1.74 on 30.3M shares, down from $2.27 in prior Q3; merchandise margin -190 bps (180 bps from freight).
- Opened 12 new stores in Q3 (33 YTD), total store count 333.
- Preliminary results subject to quarter-end adjustments; full Q3 report expected late January 2023.
- Management noted full-price selling environment despite freight headwinds and late-December storms.