NYSE$BOOT

Boot Barn Holdings Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Boot Barn's first quarter results exceeded expectations, with revenue increasing by 10.3% and same store sales growing by 1.4%.

Boot Barn Holdings, Inc. reported a strong first quarter for fiscal year 2025, with net sales increasing by 10.3% to $423.4 million. Same store sales increased by 1.4%, driven by growth in both retail and e-commerce channels. Net income rose to $38.9 million, or $1.26 per diluted share. The company opened 11 new stores, expanding its total store count to 411.

  • Net sales increased by 10.3% to $423.4 million.
  • Same store sales increased by 1.4%, with retail up 0.8% and e-commerce up 6.7%.
  • Net income was $38.9 million, or $1.26 per diluted share.
  • Opened 11 new stores, bringing the total store count to 411.

Headline financials

Total Revenue

$423M

Previous: $384M+10.3%
EPS

$1.26

Previous: $1.11+13.5%
Stores Operating

411

No prior period
Same Store Sales Growth

1.4%

Previous: -2.9%+148.3%
Capital Expenditures

-$27.1M

Previous: -$29.9M+9.5%
Free Cash Flow

$11.8M

Previous: $4.36M+171.8%
Net Income

$38.9M

Previous: $34.3M+13.6%
Operating Income

$50.2M

Previous: $46.2M+8.6%
Gross Profit

$157M

Previous: $142M+10.4%
Cash & Equivalents

$83.4M

Previous: $17.1M+387.7%
Total Assets

$1.77B

Previous: $1.51B+17.8%
Stock-Based Comp

$5.76M

Previous: $4.95M+16.4%

Revenue & EPS history

Boot Barn · Revenue · Quarterly

$423M

Q1 2025+10.3%vs Q1 2024
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Forward guidance

The Company is providing updated guidance for the fiscal year ending March 29, 2025, superseding in its entirety the previous guidance issued in its fourth quarter and fiscal year 2024 earnings report on May 14, 2024.

Tailwinds

  • Total sales of $1.816 billion to $1.850 billion, representing growth of 8.9% to 11.0% over the prior year.
  • Same store sales decline of approximately (1.0)% to growth of 1.2%, with a retail store same store sales decline of approximately (1.3)% to growth of 0.7% and e-commerce same store sales growth of approximately 3.0% to 5.5%.
  • Gross profit between $672.0 million and $688.8 million, or approximately 37.0% to 37.2% of sales.
  • Selling, general and administrative expenses between $464.9 million and $469.4 million, or approximately 25.6% to 25.4% of sales.
  • Income from operations between $207.0 million and $219.4 million, or approximately 11.4% to 11.9% of sales.

Headwinds

  • Effective tax rate of 26.3% for the remaining nine months of the fiscal year.
  • Net income of $156.1 million to $165.4 million.
  • Net income per diluted share of $5.05 to $5.35, based on 30.9 million weighted average diluted shares outstanding.
  • Capital expenditures between $115.0 million and $120.0 million, which is net of estimated landlord tenant allowances of $30.2 million.
  • Total sales of $405 million to $412 million, representing growth of 8.2% to 10.0% over the prior-year period.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+2.8%

Avg return

Earnings day

+3.6%

Avg return

5 days after

+9.8%

Avg return

30 days after

62%

31 / 50 earnings

Positive

+22.1%

Q2 2018

Best reaction

-23.2%

Q4 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+0.7%-2.8%+16.6%
Q3 2026+2.9%+6.0%-2.8%
Q2 2026-4.9%-4.9%-0.2%
Q4 2025+15.8%+22.6%+18.4%
Q3 2025-7.8%-17.5%-29.8%
Q2 2025-18.1%-20.6%-13.8%
Q1 2025+12.0%+16.5%+15.3%
Q4 2024+2.9%+6.4%+21.9%
Q3 2024+7.1%+10.3%+24.7%
Q2 2024+9.8%+9.2%+14.4%
Q1 2024+9.9%+6.0%-0.0%
Q4 2023-7.1%-8.2%+7.1%
Q3 2023+19.1%+14.7%+2.7%
Q2 2023-0.8%-3.6%+8.0%
Q1 2023-4.7%-7.4%+6.8%
Q4 2022-2.0%+3.6%-1.5%
Q3 2022-10.7%-4.9%-10.2%
Q2 2022+1.7%+7.4%+22.0%
Q1 2022+3.0%-0.1%-0.8%
Q4 2021+2.5%+10.2%+5.1%
Q3 2021-1.6%-1.9%+12.3%
Q2 2021+2.5%+5.8%+29.0%
Q1 2021+14.2%+20.3%+51.1%
Q4 2020-2.3%-4.6%-0.7%
Q3 2020-9.2%-14.9%-35.8%
Q2 2020-5.1%+3.6%+7.8%
Q1 2020+1.6%-5.6%+6.2%
Q4 2019-3.0%+8.6%+22.6%
Q3 2019+9.3%+7.4%+18.8%
Q2 2019-6.0%-10.0%-23.6%
Q1 2019+13.1%+12.6%+26.1%
Q4 2018+14.0%+8.8%+5.8%
Q3 2018+9.3%+7.7%+5.8%
Q2 2018+22.1%+31.2%+77.4%
Q1 2018+14.2%+15.4%+1.1%
Q4 2017-23.2%-20.3%-9.1%
Q3 2017+3.4%+5.7%+1.0%
Q2 2017+10.4%+13.1%+47.9%
Q1 2017+12.6%+15.6%+33.0%
Q4 2016+4.9%
Q3 2016+17.5%
Q2 2016-16.7%
Q1 2016-15.9%
Q4 2013+18.9%
Q4 2015+6.2%
Q3 2014+1.1%
Q3 2015+11.6%
Q2 2014-0.8%
Q4 2014-0.8%
Q2 2015+5.6%
Q1 2015
Q1 2014

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro