Boot Barn Holdings, Inc. reported preliminary results for the fiscal third quarter ahead of its presentation at the annual ICR Conference in Orlando, FL.
The company said net sales are expected to increase 16.0 percent year-over-year to ~$705.6 million for the third quarter ended December 27, 2025. Same-store sales growth was ~5.7 percent in the quarter, with retail store same-store sales growth of ~3.7 percent and e-commerce same-store sales growth of ~19.6 percent for the 13-week period.
Company CEO John Hazen said Boot Barn saw broad-based growth across all geographies and major merchandise categories. The men’s and women’s western boot businesses comped in the high single-digits, while the men’s and women’s apparel business “slightly outperformed” the chain average, led by mid-teens same-store sales growth in denim.
“We were also pleased to see work boots comp mid-single-digit positive during the quarter,” Hazen added.
“In addition to solid top-line sales growth, merchandise margins increased 110 basis points compared to the prior-year period due to buying economies of scale, supply chain efficiencies and growth in exclusive brand penetration, which drove earnings per diluted share meaningfully above our guidance range,” the CEO said.
The retailer forecasts Income from operations to reach ~$114.8 million in fiscal Q3, compared to $99.5 million in the prior-year Q3 period. Included in income from operations in the prior-year period is a net benefit of $6.7 million related to the forfeiture of unvested long-term equity incentive compensation and reversal of fiscal 2025 cash incentive bonus expense for the company’s former CEO following his resignation.
Net income per diluted share reached $2.79 on a 25.2 percent effective tax rate, compared to net income per diluted share of $2.43 in the prior-year period. Included in net income per diluted share in the prior-year period is a $6.7 million, or 22 cents per share, benefit related to the former CEO’s resignation.
“After another successful holiday quarter, I am pleased to see our fourth quarter off to a strong start as the sales momentum from the third quarter has accelerated into early January,” Hazen shared. “I am confident our team has the business well-positioned to deliver a strong finish to our fiscal year.”
The company opened 25 new stores in the third quarter, or 55 stores fiscal year-to-date, bringing its total store count to 514.
Boot Barn Holdings, Inc. cautioned that its expected results are preliminary and remain subject to the completion of normal quarter-end accounting procedures and closing adjustments. The company said it plans to report third-quarter results in early February.
Image courtesy Boot Barn Holdings, Inc.
