Boot Barn(US:BOOT)2025-10-29 20:08Financial Performance - Net sales increased 18.7% to $505.4 million from $425.8 million in the prior-year period[4] - Net income was $42.2 million, or $1.37 per diluted share, compared to $29.4 million, or $0.95 per diluted share, in the prior-year period[3] - Operating income improved by 41% to $56.4 million, with an operating margin increase of 180 basis points to 11.2%[7] - SG&A expenses were $127.7 million, or 25.3% of net sales, down from 26.5% in the prior-year period[7] - Net income for the twenty-six weeks ended September 27, 2025, was $95,630,000, a 40% increase from $68,337,000 in 2024[24] - Gross profit for the twenty-six weeks ended September 27, 2025, was $381,370,000, up from $309,607,000 in 2024, indicating a 23.2% year-over-year growth[22] Sales and Growth - Same store sales increased 8.4%, with retail store same store sales increasing 7.8% and e-commerce same store sales increasing 14.4%[3] - The company expects total sales of $2.197 billion to $2.235 billion for the fiscal year ending March 28, 2026, representing growth of 15% to 17% over fiscal year 2025[11] - Same store sales growth guidance for the fiscal year is set at 4.0% to 6.0%[11] - Same store sales growth for the quarter ended September 27, 2025, was 8.4%, compared to 9.4% in the previous quarter[28] - The average sales per comparable store for the quarter was $996,000, compared to $1,031,000 in the previous quarter[28] Store Expansion - Merchandise margin is now estimated to be approximately $58 billion, with the potential to operate 1,200 stores across the United States, up from a previous estimate of 900[1] - The company plans to open 70 new stores in the upcoming fiscal year[11] - The total number of stores increased to 489 by the end of the quarter, with 16 new stores opened during the period[26] Cash Flow and Assets - Cash and cash equivalents at the end of the period were $64,728,000, down from $69,770,000 at the beginning of the period[24] - The company reported a total current asset increase to $967,271,000 as of September 27, 2025, compared to $863,960,000 in March 2025[19] - Operating cash flow for the twenty-six weeks ended September 27, 2025, was $99,585,000, significantly higher than $33,542,000 in the same period last year[24] Liabilities - Total liabilities increased to $1,051,279,000 as of September 27, 2025, from $886,964,000 in March 2025[19]