Financial Data and Key Metrics Changes - Fiscal 2022 was a record-setting year for Boot Barn, with consolidated same-store sales increasing by 54%, compared to a positive 3% in the prior year [10] - Total sales reached $1.5 billion, marking the first time the company surpassed the $1 billion mark [11] - Earnings per share tripled to $6.33, with an EBIT margin rate of 17.4% [12] Business Line Data and Key Metrics Changes - In Q4, consolidated same-store sales grew by 33%, with e-commerce sales increasing by 50% and retail store same-store sales growing by 31% [14] - Merchandise margin increased by 270 basis points year-over-year, driven by greater full-price selling and growth in exclusive brand penetration [12][41] - Exclusive brand penetration reached 29.6% in Q4, a 540 basis point increase from the prior year [29] Market Data and Key Metrics Changes - The southern region outperformed other regions, attributed to a full rodeo season in Texas [18] - The total addressable market (TAM) has doubled from $20 billion to $40 billion, incorporating a new casual outdoor segment [36] Company Strategy and Development Direction - The company aims to expand its store count to 900 over time, with plans to open 40 new stores in fiscal 2023 [50][36] - Boot Barn is focusing on broadening its customer base beyond traditional western customers, which has led to increased sales and customer retention [21][34] - The company is investing in its omni-channel capabilities to enhance customer experience and drive sales [24][25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the continued growth of the business, with same-store sales growth of approximately 12% in the first six weeks of fiscal 2023 [38] - The company is aware of potential economic headwinds but remains optimistic about its ability to grow despite these challenges [101][102] - Management anticipates that the freight headwinds will eventually dissipate, allowing for improved margins in the future [82] Other Important Information - The company plans to open a new Midwest distribution center to support exclusive brand initiatives and e-commerce [49] - Boot Barn's inventory increased by 72% year-over-year, driven by growth in same-store inventory and new store openings [47] Q&A Session Summary Question: What are the drivers of the sequential acceleration in same-store sales? - Management attributed the acceleration to extending reach to more customers, broadening assortment, and strong operational execution [56] Question: How confident is the company in retaining new shoppers gained over the past 12-18 months? - Management noted that new shoppers are shopping with similar frequency and basket size as legacy customers, indicating strong retention [63] Question: What is the outlook for gross versus SG&A margins? - Management expects some pressure on margins due to elevated freight costs and increased wages, but anticipates long-term margin improvement [78][82] Question: How does the expansion into the country lifestyle segment affect markdown volatility? - Management acknowledged a slight increase in markdown risk but emphasized that much of the product remains functional in nature [90] Question: What are the key segments of the business that have been invested in to support store growth? - Investments have been made in real estate, construction, and store operations to support new store openings and training [108]

Boot Barn Holdings, Inc. (NYSE:BOOT) Q3 2022 Earnings Conference Call January 27, 2022 4:30 PM ET Company Participants Mark Dedovesh - Vice President of Financial Planning Jim Conroy - President and Chief Executive Officer Jim Watkins - Chief Financial Officer Greg Hackman - Executive Vice President and Chief Operating Officer Conference Call Participants Matthew Boss - JP Morgan Max Rakhlenko - Cowen & Company Steven Zaccone - Citi Jonathan Komp - Baird Corey Tarlowe - Jefferies Jeremy Hamblin - Craig-Hall ...

Financial Performance - Boot Barn reported net income of $69.231 million for the 13 weeks ended December 25, 2021, compared to $29.566 million for the same period in 2020, representing a 134% increase [117]. - Basic earnings per share increased to $2.34 for the 13 weeks ended December 25, 2021, up from $1.02 in the prior year, reflecting a 129% growth [117]. - Net sales increased by $183.6 million, or 60.7%, to $485.9 million for the thirteen weeks ended December 25, 2021, compared to $302.3 million for the same period in 2020 [161]. - Consolidated same store sales increased by 54.2%, with a 48.4% increase in e-commerce same store sales [161]. - Gross profit rose by $84.9 million, or 79.4%, to $191.7 million for the thirteen weeks ended December 25, 2021, with a gross profit margin of 39.4% [163]. - Income from operations was $92.2 million for the thirteen weeks ended December 25, 2021, compared to $41.6 million for the same period in 2020 [157]. - Adjusted EBITDA for the thirteen weeks ended December 25, 2021, was $101.9 million, compared to $49.9 million for the same period in 2020 [159]. - Net income for the thirteen weeks ended December 25, 2021, was $69.2 million, compared to $29.6 million for the same period in 2020 [159]. - Average net sales per store increased to $3,218 for the thirteen weeks ended December 25, 2021, compared to $889 for the same period in 2020 [160]. - Income from operations rose by $50.6 million, or 121.5%, to $92.2 million for the thirteen weeks ended December 25, 2021, with income from operations as a percentage of net sales at 19.0% [165]. Sales and Store Operations - The company operated 289 stores across 37 states as of December 25, 2021, with a significant focus on western and work-related footwear and apparel [124]. - The company operated 289 stores at the end of the period, an increase from 266 stores at the end of the previous year [160]. - Boot Barn's same store sales growth is influenced by various factors, including economic trends, consumer preferences, and competition [137]. - The company anticipates that new store openings will contribute to future net sales growth, with a focus on expanding its geographic footprint [138]. Expenses and Profitability - Selling, general and administrative expenses are expected to increase due to growth in the number of stores and incremental share-based compensation [146]. - Cost of goods sold as a percentage of net sales decreased to 60.6% for the thirteen weeks ended December 25, 2021, from 64.7% for the same period in 2020 [157]. - SG&A expenses increased by $34.3 million, or 52.6%, to $99.5 million for the thirteen weeks ended December 25, 2021, compared to $65.2 million for the same period in 2020, with SG&A as a percentage of net sales decreasing by 110 basis points to 20.5% [164]. - The increase in gross profit margin was driven by a 270-basis point increase in merchandise margin rate, attributed to better full-price selling and growth in exclusive brand penetration [163]. Cash Flow and Investments - Net cash provided by operating activities for the thirty-nine weeks ended December 25, 2021, was $190.6 million, significantly higher than $156.6 million for the same period in 2020, marking an increase of 21.7% [196][197]. - The net income contributing to operating cash flow for the thirty-nine weeks ended December 25, 2021, was $147.7 million, compared to $34.8 million for the same period in 2020, reflecting a substantial increase of 324.0% [196][197]. - Net cash used in investing activities was $39.7 million for the thirty-nine weeks ended December 25, 2021, compared to $20.5 million in the same period of 2020, indicating an increase of 93.7% [201][202]. - The company plans to invest between $41.0 million and $43.0 million in capital expenditures for fiscal 2022, focusing on new store openings and improvements to e-commerce and IT infrastructure [185]. Debt and Financial Obligations - The company repaid the remaining $111.5 million outstanding principal under the 2015 Golub Term Loan during the thirty-nine weeks ended December 25, 2021 [186]. - The company repaid $112.1 million on debt and finance lease obligations during the thirty-nine weeks ended December 25, 2021 [203]. - The company did not experience significant changes to its contractual obligations during the thirteen and thirty-nine weeks ended December 25, 2021 [206]. - There are no off-balance sheet arrangements associated with the company [208]. Seasonal Trends and Risks - Boot Barn's business is moderately seasonal, with higher sales typically occurring during the Christmas shopping season [131]. - The impact of COVID-19 on operations and consumer discretionary spending remains a significant risk factor for future growth [122].

Boot Barn Holdings, Inc. (NYSE:BOOT) Q2 2022 Earnings Conference Call October 27, 2021 4:30 PM ET Company Participants Jim Watkins - Senior Vice President of Finance & Investor Relations Jim Conroy - President & Chief Executive Officer Greg Hackman - Chief Operating Officer & Chief Financial Officer Conference Call Participants Matthew Boss - JP Morgan Steven Zaccone - Citigroup Max Rakhlenko - Cowen & Company Janine Stichter - Jefferies Jonathan Komp - Baird Sam Poser - Williams Trading Dylan Carden - Will ...

[PART I. FINANCIAL INFORMATION](index=3&type=section&id=PART%20I.%20FINANCIAL%20INFORMATION) [Item 1. Condensed Consolidated Financial Statements (Unaudited)](index=4&type=section&id=Item%201.%20Condensed%20Consolidated%20Financial%20Statements%20(Unaudited)) These unaudited statements detail the company's financial position, operations, and cash flows, showing significant growth in sales and income [Condensed Consolidated Balance Sheets](index=4&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) Total assets increased to **$1.037 billion**, driven by inventories, while stockholders' equity grew to **$481.3 million** Condensed Consolidated Balance Sheet Highlights (in thousands) | Account | September 25, 2021 | March 27, 2021 | | :--- | :--- | :--- | | **Total Assets** | **$1,037,419** | **$933,581** | | Cash and cash equivalents | $39,545 | $73,148 | | Inventories | $350,274 | $275,760 | | **Total Liabilities** | **$556,162** | **$538,690** | | Accounts payable | $140,530 | $104,641 | | Long-term portion of notes payable, net | $49,399 | $109,781 | | **Total Stockholders' Equity** | **$481,257** | **$394,891** | [Condensed Consolidated Statements of Operations](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) Net sales and income significantly increased for both the thirteen and twenty-six-week periods ending September 25, 2021 Statement of Operations Summary (in thousands, except per share data) | Metric | Thirteen Weeks Ended Sep 25, 2021 | Thirteen Weeks Ended Sep 26, 2020 | Twenty-Six Weeks Ended Sep 25, 2021 | Twenty-Six Weeks Ended Sep 26, 2020 | | :--- | :--- | :--- | :--- | :--- | | Net sales | $312,717 | $184,515 | $619,044 | $332,281 | | Gross profit | $118,151 | $55,490 | $234,578 | $95,691 | | Income from operations | $50,114 | $10,042 | $103,757 | $11,840 | | Net income | $37,861 | $5,758 | $78,506 | $5,268 | | Diluted EPS | $1.25 | $0.20 | $2.59 | $0.18 | [Condensed Consolidated Statements of Stockholders' Equity](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Stockholders'%20Equity) Stockholders' equity increased to **$481.3 million** due to strong net income, partially offset by treasury stock purchases - Stockholders' equity grew to **$481.3 million** as of September 25, 2021, up from **$394.9 million** at the start of the fiscal year, mainly due to strong net income[15](index=15&type=chunk) [Condensed Consolidated Statements of Cash Flows](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Operating activities provided **$48.6 million** cash, while investing and financing activities used cash, resulting in a net decrease Cash Flow Summary for Twenty-Six Weeks Ended (in thousands) | Cash Flow Activity | September 25, 2021 | September 26, 2020 | | :--- | :--- | :--- | | Net cash provided by operating activities | $48,628 | $43,891 | | Net cash used in investing activities | ($22,251) | ($14,881) | | Net cash used in financing activities | ($59,980) | ($62,901) | | **Net decrease in cash** | **($33,603)** | **($33,891)** | | Cash and cash equivalents, end of period | $39,545 | $35,672 | [Notes to Condensed Consolidated Financial Statements](index=8&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) Notes detail business operations, accounting policies, debt structure, and revenue recognition for 278 stores - The company operates specialty retail stores and e-commerce sites for western and work boots and apparel, with **278 stores** in **36 states** as of September 25, 2021[22](index=22&type=chunk) - The company's two operating segments, retail stores and e-commerce, are aggregated into one reporting segment due to similar economic characteristics[30](index=30&type=chunk) Disaggregated Net Sales by Channel (% of Net Sales) | Channel | Thirteen Weeks Ended Sep 25, 2021 | Twenty-Six Weeks Ended Sep 25, 2021 | | :--- | :--- | :--- | | Stores | 86% | 86% | | E-commerce | 14% | 14% | [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=34&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management attributes significant sales and profitability growth to strong same-store sales and margin expansion - Boot Barn is the largest lifestyle retail chain in the U.S. devoted to western and work-related footwear and apparel, with **278 stores** in **36 states** as of September 25, 2021[125](index=125&type=chunk) - Key performance indicators for the business include net sales, gross profit, same store sales, new store openings, and SG&A expenses, along with non-GAAP measures like Adjusted EBITDA[128](index=128&type=chunk) [Results of Operations](index=44&type=section&id=Results%20of%20Operations) Substantial growth in net sales and income from operations for both periods, driven by strong same-store sales Financial Performance Summary (Thirteen Weeks Ended) | Metric | September 25, 2021 | September 26, 2020 | % Change | | :--- | :--- | :--- | :--- | | Net Sales | $312.7M | $184.5M | +69.5% | | Gross Profit | $118.2M | $55.5M | +112.9% | | Gross Margin | 37.8% | 30.1% | +770 bps | | Income from Operations | $50.1M | $10.0M | +399.0% | | Net Income | $37.9M | $5.8M | +553.4% | Financial Performance Summary (Twenty-Six Weeks Ended) | Metric | September 25, 2021 | September 26, 2020 | % Change | | :--- | :--- | :--- | :--- | | Net Sales | $619.0M | $332.3M | +86.3% | | Gross Profit | $234.6M | $95.7M | +145.1% | | Gross Margin | 37.9% | 28.8% | +910 bps | | Income from Operations | $103.8M | $11.8M | +776.3% | | Net Income | $78.5M | $5.3M | +1381.1% | - Same store sales for the thirteen weeks ended September 25, 2021, increased by 61.7%, with retail stores up 66.0% and e-commerce up 41.6%[163](index=163&type=chunk) [Liquidity and Capital Resources](index=52&type=section&id=Liquidity%20and%20Capital%20Resources) Liquidity is supported by cash from operations and credit facilities, with significant debt prepayments - The company's primary cash needs are for inventory, operating expenses, capital expenditures for new stores, and debt service[186](index=186&type=chunk) - During the twenty-six weeks ended September 25, 2021, the company made voluntary prepayments totaling **$61.5 million** on its 2015 Golub Term Loan, reducing the outstanding principal balance to **$50.0 million**[193](index=193&type=chunk) - As of September 25, 2021, there was no outstanding balance under the June 2015 Wells Fargo Revolver, which was increased to **$180.0 million** in July 2021[190](index=190&type=chunk) [Item 3. Quantitative and Qualitative Disclosure of Market Risk](index=58&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosure%20of%20Market%20Risk) Interest rate risk on variable-rate debt could impact annual costs by **$0.5 million** for a 1.0% rate change - The company is subject to interest rate risk on its variable-rate debt. A 1.0% rate change on the **$50.0 million** outstanding term loan as of September 25, 2021, would have an annual impact of approximately **$0.5 million**[212](index=212&type=chunk) [Item 4. Controls and Procedures](index=58&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective, with no material changes to internal controls - Management concluded that as of September 25, 2021, the company's disclosure controls and procedures were effective[215](index=215&type=chunk) - No changes occurred during the quarter ended September 25, 2021, that materially affected, or are reasonably likely to materially affect, internal control over financial reporting[216](index=216&type=chunk) [PART II. OTHER INFORMATION](index=58&type=section&id=PART%20II.%20OTHER%20INFORMATION) [Item 1. Legal Proceedings](index=58&type=section&id=Item%201.%20Legal%20Proceedings) Incidental litigation, including class-action lawsuits, is ongoing, with no material financial impact expected - The company is a defendant in a class-action complaint alleging deceptive pricing on its Sheplers e-commerce site, with an estimated cost accrued as of September 25, 2021[95](index=95&type=chunk) - A class-action lawsuit filed in February 2020 alleges violations of California's wage and hour laws. The company has recorded an amount for the estimated probable loss, which is not material[96](index=96&type=chunk) [Item 1A. Risk Factors](index=58&type=section&id=Item%201A.%20Risk%20Factors) Investors should review the Fiscal 2021 10-K for risk factors, as no new material risks are reported - The company directs investors to review the risk factors disclosed in its Fiscal 2021 10-K for a comprehensive understanding of potential risks[221](index=221&type=chunk) [Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=60&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) No unregistered sales of equity securities or use of proceeds were reported for the period - None[223](index=223&type=chunk) [Item 6. Exhibits](index=61&type=section&id=Item%206.%20Exhibits) Exhibits filed with Form 10-Q include CEO and CFO certifications and interactive data files - The exhibits filed include required certifications from the Chief Executive Officer and Chief Financial Officer, as well as interactive data files for financial reporting[225](index=225&type=chunk)

Boot Barn Holdings, Inc. (NYSE:BOOT) Q1 2022 Earnings Conference Call August 4, 2021 4:30 PM ET Company Participants Jim Watkins - Senior Vice President of Finance & Investor Relations Jim Conroy - President & Chief Executive Officer Greg Hackman - Chief Operating Officer & Chief Financial Officer Conference Call Participants Matthew Boss - JP Morgan Max Rakhlenko - Cowen & Company Jonathan Komp - Baird Steven Zaccone - Citigroup Janine Stichter - Jefferies Dylan Carden - William Blair. Sam Poser - Williams ...

PART I. FINANCIAL INFORMATION [Item 1. Condensed Consolidated Financial Statements (Unaudited)](index=4&type=section&id=Item%201.%20Condensed%20Consolidated%20Financial%20Statements%20(Unaudited)) Presents Boot Barn Holdings' unaudited condensed consolidated financial statements, including Balance Sheets, Statements of Operations, and Cash Flows, with accompanying notes Condensed Consolidated Balance Sheet (Unaudited) | Assets & Liabilities (In thousands) | June 26, 2021 | March 27, 2021 | | :--- | :--- | :--- | | **Total current assets** | $376,457 | $374,456 | | **Total assets** | **$950,495** | **$933,581** | | **Total current liabilities** | $248,828 | $221,656 | | **Total liabilities** | $510,618 | $538,690 | | **Total stockholders' equity** | $439,877 | $394,891 | | **Total liabilities and stockholders' equity** | **$950,495** | **$933,581** | Condensed Consolidated Statements of Operations (Unaudited) | (In thousands, except per share data) | Thirteen Weeks Ended June 26, 2021 | Thirteen Weeks Ended June 27, 2020 | | :--- | :--- | :--- | | **Net sales** | $306,327 | $147,766 | | Gross profit | $116,427 | $40,201 | | Income from operations | $53,643 | $1,798 | | **Net income/(loss)** | **$40,645** | **$(490)** | | **Diluted earnings/(loss) per share** | **$1.35** | **$(0.02)** | Condensed Consolidated Statements of Cash Flows (Unaudited) | (In thousands) | Thirteen Weeks Ended June 26, 2021 | Thirteen Weeks Ended June 27, 2020 | | :--- | :--- | :--- | | Net cash provided by operating activities | $46,328 | $23,133 | | Net cash used in investing activities | $(9,294) | $(8,944) | | Net cash used in financing activities | $(60,542) | $(629) | | **Net (decrease)/increase in cash and cash equivalents** | **$(23,508)** | **$13,560** | | Cash and cash equivalents, end of period | $49,640 | $83,123 | [Notes to Condensed Consolidated Financial Statements](index=8&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) Detailed explanations of accounting policies and financial statement items, covering COVID-19 impact, revenue, assets, debt, and legal matters - As of June 26, 2021, the company operated **276 stores in 36 states**, an increase from 273 stores as of March 27, 2021[26](index=26&type=chunk) Disaggregated Net Sales by Merchandise Category (Q1 FY22 vs Q1 FY21) | % of Net Sales | Thirteen Weeks Ended June 26, 2021 | Thirteen Weeks Ended June 27, 2020 | | :--- | :--- | :--- | | Footwear | 51% | 59% | | Apparel | 32% | 28% | | Hats, accessories and other | 17% | 13% | Disaggregated Net Sales by Channel (Q1 FY22 vs Q1 FY21) | % of Net Sales | Thirteen Weeks Ended June 26, 2021 | Thirteen Weeks Ended June 27, 2020 | | :--- | :--- | :--- | | Stores | 87% | 75% | | E-commerce | 13% | 25% | - During the thirteen weeks ended June 26, 2021, the Company made voluntary prepayments on its 2015 Golub Term Loan totaling **$61.5 million**, reducing the outstanding principal balance to **$50.0 million**. This resulted in a **$0.9 million** write-off of associated debt issuance costs[61](index=61&type=chunk)[66](index=66&type=chunk) - The company is a defendant in **two class-action lawsuits**: one alleging deceptive pricing on its Sheplers e-commerce site and another alleging violations of California wage and hour laws. The company has accrued for estimated probable losses, which are **not considered material**[91](index=91&type=chunk)[92](index=92&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=32&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management analyzes financial performance, covering key indicators, operational results, liquidity, capital resources, and debt, highlighting strong recovery - The company operates as a lifestyle retail chain focused on western and work-related footwear, apparel, and accessories, with **276 stores in 36 states** and e-commerce sites as of June 26, 2021[124](index=124&type=chunk) - Key performance indicators used by management include net sales, gross profit, same-store sales, new store openings, SG&A, and non-GAAP measures like Adjusted EBITDA and Adjusted EBIT[127](index=127&type=chunk) [Results of Operations](index=42&type=section&id=Results%20of%20Operations) Detailed comparative analysis of operating results, showing dramatic recovery with doubled net sales, significant improvements in profit, income, and margin Key Operating Results (Q1 FY22 vs Q1 FY21) | (dollars in thousands) | Thirteen Weeks Ended June 26, 2021 | Thirteen Weeks Ended June 27, 2020 | Change (%) | | :--- | :--- | :--- | :--- | | Net sales | $306,327 | $147,766 | +107.3% | | Gross profit | $116,427 | $40,201 | +189.6% | | Income from operations | $53,643 | $1,798 | +2,883.5% | | Net income/(loss) | $40,645 | $(490) | N/A | - Consolidated same-store sales increased by **78.9%**. Retail store same-store sales grew by **104.5%**, while e-commerce same-store sales increased by **9.8%**[159](index=159&type=chunk)[161](index=161&type=chunk) - Gross profit rate increased by **1,080 basis points** to **38.0%**, driven by **660 basis points** of leverage in buying and occupancy costs and a **420-basis point** increase in merchandise margin rate[163](index=163&type=chunk) - SG&A expenses as a percentage of net sales decreased by **550 basis points** to **20.5%** due to expense leverage on higher sales[164](index=164&type=chunk) [Liquidity and Capital Resources](index=45&type=section&id=Liquidity%20and%20Capital%20Resources) Primary liquidity sources are cash from operations and credit facilities, with strong operating cash flow, significant debt prepayments, and continued investment - The company's cash and cash equivalents were **$49.6 million** as of June 26, 2021, a decrease from **$73.1 million** at the end of the prior fiscal year, primarily due to debt repayments[186](index=186&type=chunk) - Net cash provided by operating activities was **$46.3 million** for the quarter, a significant increase from **$23.1 million** in the prior-year period[187](index=187&type=chunk)[189](index=189&type=chunk) - Net cash used in financing activities was **$60.5 million**, mainly due to a **$61.7 million** repayment on debt and finance lease obligations[187](index=187&type=chunk)[194](index=194&type=chunk) - The company estimates total capital expenditures for fiscal 2022 to be between **$33.0 million** and **$36.0 million**, net of landlord allowances[175](index=175&type=chunk) - Subsequent to the quarter's end, the company amended its Wells Fargo Revolver, increasing the aggregate facility from **$165.0 million** to **$180.0 million**[177](index=177&type=chunk) [Item 3. Quantitative and Qualitative Disclosure of Market Risk](index=51&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosure%20of%20Market%20Risk) Discusses the company's exposure to market risks, primarily interest rate risk associated with its variable-rate credit facilities and outstanding debt - The company is subject to interest rate risk from its variable-rate borrowings. As of June 26, 2021, **$50.0 million** was outstanding under the 2015 Golub Term Loan[200](index=200&type=chunk) - A hypothetical **1.0%** change in interest rates would have an approximate annual impact of **$0.5 million** on the outstanding debt balance as of the quarter-end[200](index=200&type=chunk) [Item 4. Controls and Procedures](index=53&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded disclosure controls and procedures were effective, with no material changes to internal control over financial reporting during the quarter - Based on an evaluation as of June 26, 2021, the Chief Executive Officer and Chief Financial Officer concluded that the company's disclosure controls and procedures were **effective at a reasonable assurance level**[204](index=204&type=chunk) - **No changes occurred** during the quarter ended June 26, 2021, that materially affected, or are reasonably likely to materially affect, the company's internal control over financial reporting[205](index=205&type=chunk) PART II. OTHER INFORMATION [Item 1. Legal Proceedings](index=53&type=section&id=Item%201.%20Legal%20Proceedings) Refers to Note 6 for legal matters, noting the company's involvement in class-action lawsuits not expected to materially impact financial position - For information on legal proceedings, the report refers to Note 6, "Commitments and Contingencies," in the financial statements[209](index=209&type=chunk) [Item 1A. Risk Factors](index=53&type=section&id=Item%201A.%20Risk%20Factors) States no material changes to risk factors previously disclosed in the company's Annual Report on Form 10-K for fiscal year 2021 - The company refers to the risk factors detailed in its Fiscal 2021 10-K report, indicating **no material changes** from that disclosure[210](index=210&type=chunk) [Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=53&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company reported no unregistered sales of equity securities during the period - **None**[211](index=211&type=chunk) [Item 6. Exhibits](index=55&type=section&id=Item%206.%20Exhibits) Lists exhibits filed with the Quarterly Report on Form 10-Q, including agreements and certifications by the CEO and CFO - Lists various exhibits filed with the report, including forms of stock unit issuance agreements and officer certifications pursuant to the Sarbanes-Oxley Act[213](index=213&type=chunk)

Boot Barn Holdings, Inc. (NYSE:BOOT) Q4 2021 Earnings Conference Call May 12, 2021 4:30 PM ET Company Participants Jim Watkins - Senior Vice President, Finance and Investor Relations Jim Conroy - President and Chief Executive Officer Greg Hackman - Chief Operating Officer and Chief Financial Officer Conference Call Participants Matthew Boss - JP Morgan Max Rakhlenko - Cowen & Company Jonathan Komp - Baird Janine Stichter - Jefferies Peter Keith - Piper Sandler Sam Poser - Williams Trading Paul Lejuez - Citi ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 27, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36711 BOOT BARN HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdict ...

Boot Barn Holdings, Inc. (NYSE:BOOT) Q3 2021 Earnings Conference Call January 25, 2021 4:30 PM ET Company Participants Jim Watkins - Senior Vice President of Finance and Investor Relations Jim Conroy - President and Chief Executive Officer Greg Hackman - Chief Operating Officer and Chief Financial Officer Conference Call Participants Matthew Boss - JP Morgan Max Rakhlenko - Cowen & Company Jonathan Komp - Baird Tom Nikic - Wells Fargo Bobby Friedner - Piper Sandler Janine Stichter - Jefferies Sam Poser - Wi ...