Boot Barn's Preliminary Q3 Results Show Net Sales Growth of 16.9%

Core Insights - Boot Barn Holdings, Inc. reported strong preliminary third-quarter fiscal 2025 results, with broad-based growth in same-store sales exceeding expectations [1][7] Financial Performance - The company's projected net sales for the third quarter are approximately $608.2 million, reflecting a 16.9% year-over-year increase [2] - Same-store sales growth is expected to be 8.6%, with retail store same-store sales increasing by 8.2% and e-commerce same-store sales rising by 11.1% [3] - Merchandise margin expanded by approximately 130 basis points, with income from operations estimated at$ 99.5 million, up from $75.1 million in the same period last year [4] - Earnings per share are projected to be$ 2.43, an increase from $1.81 per share in the previous year, including a benefit of 22 cents per share related to the CEO transition [5] Expansion Strategy - The company opened 13 new stores in the third quarter, bringing the year-to-date total to 39 new locations, with a total of 438 stores in operation [6] - Boot Barn is focused on increasing its market presence and driving revenue growth through strategic expansion in high-demand markets for western and work apparel [7]