NYSE$BOOT
Boot Barn Holdings Inc · Q4 2024 earnings
Q4 2024 earnings · · Investor relations
Briefing
Boot Barn's Q4 2024 earnings decreased compared to the prior-year period, with net sales and same-store sales declining, but exclusive brand penetration grew.
Boot Barn reported a decrease in net sales by 8.7% to $388.5 million and a decrease in same store sales of 5.9%. Net income decreased to $29.4 million, or $0.96 per diluted share, which includes a $2.0 million non-cash charge related to the partial impairment of the Sheplers’ trademark. The company opened 18 new stores, bringing the total store count to 400.
- Net sales decreased by 8.7% to $388.5 million compared to the prior-year period.
- Same store sales decreased by 5.9%, with retail store same store sales decreasing by 5.7% and e-commerce same store sales decreasing by 7.6%.
- Net income was $29.4 million, or $0.96 per diluted share, including a non-cash charge of $2.0 million related to the Sheplers’ trademark impairment.
- The company opened 18 new stores, bringing the total store count to 400.
Headline financials
Revenue & EPS history
Boot Barn · Revenue · Quarterly
$388M
Forward guidance
Boot Barn provided guidance for fiscal year 2025 and the first quarter ending June 29, 2024. They anticipate opening 60 new stores in fiscal year 2025 and expect total sales between $1.766 billion and $1.800 billion. For the first quarter of fiscal 2025, they project total sales of $399 million to $407 million and net income per diluted share of $0.94 to $1.00.
Tailwinds
- Total sales are expected to grow by 5.9% to 8.0% over the prior year, reaching $1.766 billion to $1.800 billion.
- Gross profit is projected to be between $647.2 million and $664.1 million, or approximately 36.6% to 36.9% of sales.
- The company plans to open 60 new stores.
- For the first quarter ending June 29, 2024, total sales are expected to grow by 4.0% to 6.1% over the prior-year period, reaching $399 million to $407 million.
- Net income per diluted share is projected to be $0.94 to $1.00 for the first quarter of fiscal 2025.
Headwinds
- Same store sales are expected to decline by approximately (3.6)% to (1.6)%.
- Retail store same store sales are projected to decline by approximately (4.0)% to (2.0)%.
- E-commerce same store sales are expected to decline by (0.5)% to growth of 2.0%.
- Income from operations is projected to be between $188.3 million and $200.7 million, or approximately 10.7% to 11.2% of sales.
- Capital expenditures are estimated to be between $115.0 million and $120.0 million.
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 Q4 2024
+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
| Quarter | Report date | Reaction (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 | — | — | — |
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