Boot Barn’s sales, profit soar despite market uncertainties

Cowboys in Boot Barn fashion
Boot Barn has reported double-digit sales growth for the fourth quarter and the full year. (Source: Boot Barn)

Boot Barn has reported double-digit sales growth for the fourth quarter and the full year, which management described as solid results amid ongoing external challenges.

The company’s net sales for the quarter ended March 30 rose 16.8 per cent to $453.7 million. 

Same-store sales increased 6 per cent, with comparable retail store sales up 5.5 per cent and e-commerce up 9.8 per cent.

On the bottom line, net income rose to $37.5 million from $29.4 million in the year-ago period.

For the full year, net sales grew 14.6 per cent to $1.911 billion and same-store sales improved 5.5 per cent. Net income increased 23 per cent to $180.9 million.

The company opened 60 new stores during the fiscal year, including 21 locations in the fourth quarter, taking its store count to 459.

CEO John Hazen said the solid results underscored the ongoing resilience of the company’s core consumer despite broader market uncertainties.

“The continued strength across major merchandise categories, channels, and geographies reaffirms the broad appeal of our brand and the effectiveness of our strategic initiatives,” he continued.

Boot Barn expects net sales to increase 8-13 per cent and same-store sales growth to be in the range of -2 per cent to +2 per cent this fiscal year.

“We remain confident in our ability to navigate the current tariff environment through our diversified sourcing capabilities and established vendor partnerships.

“The fundamentals of our business remain strong, and we are well-positioned to continue generating value for our shareholders,” Hazen added.

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