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Dec 26, 2020

Boot Barn Q3 2021 Earnings Report

Boot Barn's net sales and same store sales increased, with e-commerce sales driving growth and operating margin improving.

Key Takeaways

Boot Barn Holdings, Inc. reported strong third quarter fiscal year 2021 financial results, with net sales increasing by 6.5% to $302.3 million and same store sales rising by 4.6%. E-commerce sales grew significantly, contributing to the overall positive performance. Net income also increased to $29.6 million, or $1.00 per diluted share.

Net sales increased 6.5% to $302.3 million.

Same store sales increased 4.6%, with retail store same store sales up 1.9% and e-commerce sales up 16.3%.

Net income was $29.6 million, or $1.00 per diluted share.

Operating margin improved by 150 basis points.

Total Revenue
$302M
Previous year: $284M
+6.5%
EPS
$0.99
Previous year: $0.81
+22.2%
Same Store Sales
4.6%
Previous year: 6.7%
-31.3%
Gross Profit
$107M
Previous year: $97M
+10.1%
Cash and Equivalents
$76.3M
Previous year: $45.4M
+67.9%
Free Cash Flow
$107M
Previous year: $68.9M
+55.5%
Total Assets
$892M
Previous year: $877M
+1.7%

Boot Barn

Boot Barn

Boot Barn Revenue by Segment

Forward Guidance

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

Revenue & Expenses

Visualization of income flow from segment revenue to net income