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Boot Barn ( (BOOT) ) has shared an update.
Boot Barn Holdings, Inc. reported strong financial results for the third fiscal quarter ended December 28, 2024, with net sales increasing by 16.9% to $608.2 million compared to the prior year. The company saw significant growth across all channels, including an 8.6% rise in same-store sales and the opening of 13 new stores, which contributed to a total store count of 438. The increase in net income to $75.1 million, up from $55.6 million in the prior-year period, was bolstered by broad-based sales growth, merchandise margin expansion, and operational efficiencies. The company’s strategic expansion and efficient operations have positioned it well in the market, showcasing its potential for continued growth.
More about Boot Barn
Boot Barn Holdings, Inc. operates in the retail industry, focusing on western and work-related footwear, apparel, and accessories. The company targets a diverse market, extending its reach through retail stores and e-commerce platforms.
YTD Price Performance: 13.64%
Average Trading Volume: 739,055
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.31B
For detailed information about BOOT stock, go to TipRanks’ Stock Analysis page.
