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Mar 28, 2020
Boot Barn Q4 2020 Earnings Report
Net sales decreased due to the COVID-19 crisis, but e-commerce sales increased.
Key Takeaways
Boot Barn's Q4 2020 results were impacted by the COVID-19 crisis, with net sales decreasing by 2.1% to $188.6 million. Same store sales decreased by 4.7%, driven by a decline in retail store sales, while e-commerce sales increased. The company opened 8 new stores during the quarter.
Net sales decreased by 2.1% to $188.6 million due to the impact of COVID-19.
Same store sales decreased by 4.7%, with retail store same store sales down 7.1% and e-commerce sales up 7.5%.
Net income was $5.7 million, or $0.20 per diluted share, compared to $8.7 million, or $0.30 per diluted share in the prior-year period.
The company opened 8 new stores during the quarter.
Revenue by Segment
Forward Guidance
Due to the ongoing uncertainty created by COVID-19, the Company is not providing first quarter and fiscal year 2021 guidance at this time.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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