Boot Barn Holdings, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended April 01, 2023
May 17, 2023 at 04:10 pm
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Boot Barn Holdings, Inc. reported earnings results for the fourth quarter and full year ended April 01, 2023. For the fourth quarter, the company reported sales was USD 425.66 million compared to USD 383.31 million a year ago. Net income was USD 46.41 million compared to USD 44.71 million a year ago. Basic earnings per share from continuing operations was USD 1.55 compared to USD 1.51 a year ago. Diluted earnings per share from continuing operations was USD 1.53 compared to USD 1.47 a year ago.
For the full year, sales was USD 1,657.62 million compared to USD 1,488.26 million a year ago. Net income was USD 170.55 million compared to USD 192.45 million a year ago. Basic earnings per share from continuing operations was USD 5.72 compared to USD 6.51 a year ago. Diluted earnings per share from continuing operations was USD 5.62 compared to USD 6.33 a year ago.
Boot Barn Holdings, Inc. is a lifestyle retailer of western and work-related footwear, apparel, and accessories in the United States. The Company operates through two segments: retail stores and e-commerce. The retail segment is a specialty retail store that sells western and work boots and related apparel and accessories. Its e-commerce segment sells its merchandise via the Internet. The Company carries an assortment of denim, western shirts, cowboy hats, belts and belt buckles, western-style jewelry, and accessories. The western assortment includes various brands, such as Ariat, Cinch, Cody James, Corral, Dan Post, Durango, El Dorado, Idyllwind, Justin, Laredo, Lucchese, Miss Me, Montana Silversmiths, Moonshine Spirit, Shyanne, Stetson, Tony Lama, Twisted X, Resistol and Wrangler. The work assortment includes rugged footwear, outerwear, overalls, denim, and shirts. Its other brand includes Dickies, Carhartt, Wolverine, and Hawx. It operates approximately 403 stores in 45 states.