Boot Barn reports strong Q3 results with 16.9% sales growth, merchandise margin expansion.

From Zacks Investment Research: 2025-01-13 10:48:09

Boot Barn Holdings, Inc. (BOOT) reported strong preliminary third-quarter fiscal 2025 results, with net sales projected to reach $608.2 million, a 16.9% increase year-over-year. Same-store sales are expected to grow by 8.6%, with a notable increase in retail store and e-commerce sales. The company also saw a merchandise margin expansion of 130 basis points and anticipates earnings of $2.43 per share. Boot Barn has opened 13 new stores this quarter, totaling 39 for the year. With a focus on market expansion and revenue growth, the company remains optimistic about its future prospects.

In addition to Boot Barn, other retail stocks like Abercrombie & Fitch (ANF), The Gap (GAP), and Urban Outfitters (URBN) are also showing positive performance. Abercrombie & Fitch has a Zacks Rank #1 (Strong Buy) and is expected to see revenue and earnings growth for the current financial year. The Gap, with a Zacks Rank #1, is projected to have revenue and earnings growth as well. Urban Outfitters, also with a Zacks Rank #1, is forecasted to experience revenue and earnings growth for the current financial year.



Read more at Zacks Investment Research: Boot Barn’s Preliminary Q3 Results Show Net Sales Growth of 16.9% – January 13, 2025