secwatch.observer — SEC 8-K summary
======================================

Issuer:     Boot Barn Holdings, Inc. (BOOT)
CIK:        0001610250
Form:       8-K
Filed at:   2024-01-31T23:59:59+00:00
Accession:  0001558370-24-000664
Event type: earnings
Sentiment:  neutral
Materiality: 0.90
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Boot Barn Q3 FY2024 net sales up 1.1% to $520.4M, net income $55.6M
-------------------------------------------------------------------

- Net sales $520.4M, +1.1% YoY; same-store sales -9.7% (retail -9.4%, e-commerce -11.5%)
- Net income $55.6M ($1.81/diluted share) vs $52.8M ($1.74) in prior-year period
- Opened 11 new stores in Q3, total store count 382; expects 52 new stores for FY2024
- FY2024 guidance: sales $1.654B-$1.664B, diluted EPS $4.65-$4.75, same-store sales down ~6.3%-7.0%
- Merchandise margin expanded 300 bps, helped by 250 bps freight improvement; gross margin 38.3%

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1610250/000155837024000664/0001558370-24-000664-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1610250/000155837024000664/boot-20240131x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-000664

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer