Irvine, Calif. — Boot Barn Holdings, Inc. opened 10 new stores during its fiscal year second quarter alone, bringing its total store count to 371, and plans to open 52 stores next year.
“I am pleased with our second quarter results which included solid sales growth, merchandise margin expansion and earnings achievement which was at the high end of our guidance range,” says Jim Conroy, president and chief executive officer. “We opened 10 new stores in the quarter and continue to be encouraged by the new store performance across the country.”
Net sales increased 6.5% to $374.5 million from $351.5 million in the prior-year period.
Looking ahead to the fiscal year ending March 30, 2024, the company now expects to open 52 new stores.
Boot Barn is the nation’s leading lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. Boot Barn operates 374 stores in 44 states. For more information, visit www.bootbarn.com.
SOURCE: Boot Barn Holdings, Inc.