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Sep 26, 2020

Boot Barn Q2 2021 Earnings Report

Net sales and same store sales decreased, while e-commerce sales increased.

Key Takeaways

Boot Barn Holdings reported a decrease in net sales by 1.4% to $184.5 million and a decrease in same store sales by 5.1%. However, e-commerce sales increased by 17.6%. Net income was $5.8 million, or $0.20 per diluted share.

Net sales decreased 1.4% to $184.5 million.

Same store sales decreased 5.1%, with retail store same store sales down 9.1% and e-commerce same store sales up 17.6%.

Net income was $5.8 million, or $0.20 per diluted share.

The company opened 1 new store during the quarter.

Total Revenue
$185M
Previous year: $187M
-1.4%
EPS
$0.2
Previous year: $0.24
-16.7%
Gross Profit
$55.5M
Previous year: $59.3M
-6.5%
Cash and Equivalents
$35.7M
Previous year: $13.2M
+169.9%
Free Cash Flow
$14.8M
Previous year: -$11.2M
-231.8%
Total Assets
$864M
Previous year: $863M
+0.2%

Boot Barn

Boot Barn

Forward Guidance

Due to the ongoing uncertainty created by COVID-19, the Company is not providing third quarter and fiscal year 2021 guidance at this time.