Boot Barn Holdings Inc

Latest Results (16.05.2026):

Boot Barn Holdings, Inc. reported results for the second fiscal quarter ended September 27, 2025, delivering strong top- and bottom-line growth: net sales rose 18.7% to $505.4 million, consolidated same‑store sales grew 8.4% (retail +7.8%, e‑commerce +14.4%), and net income was $42.2 million, or $1.37 per diluted share, versus $29.4 million ($0.95 diluted) a year earlier.

Sales & same‑store performance

Total net sales: $505.4M, +18.7% year-over-year. Consolidated SSS +8.4% (retail +7.8%, e‑commerce +14.4%). E‑commerce represented ~9.3% of sales for the quarter. New stores and SSS gains drove the increase.

Profitability & margins

Gross profit was $184.1M (36.4% of sales), up 50 bps versus prior year; merchandise margin expanded ~80 bps (partly offset by ~30 bps deleverage in occupancy/distribution). Income from operations rose 41% to $56.4M, with operating margin up 180 bps to 11.2%.

Earnings

Net income: $42.2M (diluted EPS $1.37) vs $29.4M ($0.95) prior year. Effective tax rate for the quarter was 25.8%.

Store growth & inventory

Opened 16 stores in the quarter; store count was 489 at quarter end (the release also notes 498 stores as of the date of the release). Average inventory per store on a same‑store basis increased ~1.0% year-over-year.

Balance sheet & capital allocation

Cash and cash equivalents: $64.7M. Zero drawn on the $250M revolving credit facility. The company repurchased 150,753 shares for $25.0M year-to-date under its $200M repurchase authorization.

Guidance (fiscal 2026 and Q3)

Updated FY2026 outlook: open ~70 stores; total sales $2.197B–$2.235B (+15%–17%); SSS +4.0%–6.0% (retail +3.3%–5.3%, e‑commerce +11%–13%); gross profit ~$818M–$842M; income from operations ~$277M–$294M; net income $207.2M–$219.6M; diluted EPS $6.75–$7.15. Q3 guidance: sales $688M–$700M and diluted EPS $2.47–$2.59.