Latest news with #BootBarn
Yahoo
2 days ago
- Business
- Yahoo
BOOT Q1 Earnings Call: Revenue Miss and Margin Expansion Amid Tariff Uncertainty
Clothing and footwear retailer Boot Barn (NYSE:BOOT) fell short of the market's revenue expectations in Q1 CY2025, but sales rose 16.8% year on year to $453.7 million. Its GAAP profit of $1.22 per share increased from $0.96 in the same quarter last year. Is now the time to buy BOOT? Find out in our full research report (it's free). Revenue: $453.7 million (16.8% year-on-year growth) Revenue Guidance for Q2 CY2025 is $487 million at the midpoint, roughly in line with what analysts were expecting EPS (GAAP) guidance for the upcoming financial year 2026 is $5.95 at the midpoint, missing analyst estimates by 4.7% Operating Margin: 11%, up from 9.8% in the same quarter last year Locations: 459 at quarter end, up from 400 in the same quarter last year Same-Store Sales rose 6% year on year (-5.9% in the same quarter last year) Market Capitalization: $4.94 billion Boot Barn's first quarter performance was shaped by broad-based sales growth across both its physical stores and e-commerce channels, with management highlighting a 6% increase in same-store sales. CEO John Hazen attributed the quarter's results to 'increased transactions and full price selling,' supported by strong performance in categories like denim and women's western boots. Merchandise margin expanded due to supply chain efficiencies, better buying economies of scale, and growth in exclusive brand penetration. Hazen emphasized that the company's customer loyalty database continued to expand, reaching 9.6 million active members, which has helped tailor merchandise and marketing strategies. The company also noted that its ongoing store expansion into new and legacy markets contributed to increased brand awareness and incremental online demand, particularly in regions such as New York and Alaska. Looking forward, Boot Barn's guidance reflects caution around the impact of tariffs on both pricing and consumer demand in the coming quarters. Management stated that while same-store sales trends have been strong in the early part of the year, they expect momentum to moderate as price increases tied to tariffs take effect. CFO Jim Watkins noted, 'Our goal is to maintain merchandise margin rate, but we may give up some margin in order to maintain or gain market share.' The company's outlook includes a range of potential outcomes, reflecting the fluid situation with tariffs, anticipated mid-single-digit price increases from vendors, and possible consumer demand softness. Boot Barn plans to leverage its diversified sourcing strategy and ongoing exclusive brand development to help mitigate tariff-related headwinds, while continuing disciplined investment in new store openings and the in-store customer experience. Management attributed the quarter's sales and margin growth to robust store expansion, exclusive brand penetration, and supply chain efficiencies. However, they flagged the evolving tariff landscape and vendor price increases as emerging pressures that could influence demand and profitability. Exclusive brand penetration gains: Boot Barn increased exclusive brand sales to 38.6% of revenue, with management crediting this strategy for over one-third of merchandise margin growth. CEO John Hazen said this focus 'balanced expanding exclusive brands while driving growth within our third-party partners.' Store network expansion: The company opened 60 new stores over the year, extending its reach into four new states and ending the quarter with 459 locations. New stores contributed directly to revenue growth and were cited as a driver of both in-store and online sales gains. E-commerce and omnichannel growth: E-commerce same-store sales grew 9.8%, with accounting for about 75% of online sales and performing at low double-digit growth. Management noted that opening physical stores in new markets led to immediate online demand increases in those regions. Supply chain and inventory management: CFO Jim Watkins attributed improved merchandise margin to supply chain efficiencies, lower inventory shrink, and proactive inventory purchases ahead of anticipated tariffs. The company accelerated receipts to mitigate tariff exposure and diversified sourcing, reducing exclusive brand production in China from 24% to an expected 12%. Category performance variation: While most categories saw growth, denim and women's western boots led with mid-teen gains, and work boots remained a soft spot with low-single-digit declines. Hazen said renewed marketing focus will target work boot sales in the coming quarters. Management expects future results to be shaped by tariff-related cost pressures, pricing strategies, and continued investment in exclusive brand and store growth. Tariff impact and mitigation: Boot Barn anticipates $8 million in incremental tariff costs in the year, primarily affecting the second half. The company is responding by shifting sourcing away from China, raising select retail prices, and balancing margin preservation with the goal of retaining market share. Management cautioned that consumer demand may soften as price increases are implemented. Exclusive brand and pricing strategy: The company plans to hold or selectively raise prices on exclusive brand products, especially where psychological price points are at risk. Hazen explained that pricing decisions are made style-by-style to maximize competitiveness, with potential for exclusive brand penetration to rise if third-party prices increase more sharply. Continued store expansion: Boot Barn aims to open 65–70 new stores in the coming year, spanning both new and legacy markets. Management believes this expansion will support incremental sales, improve fixed-cost leverage, and enhance omnichannel performance as new stores typically drive a 'halo effect' on regional online sales. In the coming quarters, the StockStory team will focus on (1) how effectively Boot Barn navigates tariff-driven cost pressures through sourcing and pricing actions, (2) the pace and profitability of new store openings across diverse markets, and (3) the trajectory of exclusive brand penetration, especially as consumer demand responds to higher price points. Sustained merchandise margin and the ability to drive category growth, particularly in work boots and apparel, will also be key indicators of execution. Boot Barn currently trades at a forward P/E ratio of 26×. In the wake of earnings, is it a buy or sell? See for yourself in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fibre2Fashion
2 days ago
- Business
- Fibre2Fashion
FY25 a mixed bag for global fashion companies
Pic: JHVEPhoto / Insights Fashion's FY * * performance showed strength overall, with three companiesâ€'Onward Holdings, Boot Barn, and Gunze Ltdâ€'reporting growth in both sales and profits. performance showed strength overall, with three companiesâ€'Onward Holdings, Boot Barn, and Gunze Ltdâ€'reporting growth in both sales and profits. Adastria posted moderate gains in sales but saw profit decline. Burberry stood out as the lone weak performer in this list, with significant revenue and profit drops. Most companies remain optimistic for FY * * . To read the full story, become a PRIME member today. All Corporate Members and TexPro Subscribers are eligible to access F2F PRIME CONTENT using the same login credentials. Latest News Insights Latest News Insights Exclusive Industry Articles & Features Exclusive Industry Articles & Features Detailed Article Analytics & Insights Digital Edition of Fibre2Fashion Magazine Digital Edition of Fibre2Fashion Magazine Get notified in your mailbox
Yahoo
28-05-2025
- Business
- Yahoo
American Eagle (AEO) Q1 Earnings Report Preview: What To Look For
Young adult apparel retailer American Eagle Outfitters (NYSE:AEO) will be reporting results tomorrow after the bell. Here's what you need to know. American Eagle met analysts' revenue expectations last quarter, reporting revenues of $1.60 billion, down 4.4% year on year. It was a satisfactory quarter for the company, with a solid beat of analysts' EBITDA estimates. Is American Eagle a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting American Eagle's revenue to decline 4.4% year on year to $1.09 billion, a reversal from the 5.8% increase it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.22 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. American Eagle has missed Wall Street's revenue estimates five times over the last two years. Looking at American Eagle's peers in the apparel and footwear retail segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Urban Outfitters delivered year-on-year revenue growth of 10.7%, beating analysts' expectations by 2.5%, and Boot Barn reported revenues up 16.8%, falling short of estimates by 0.9%. Urban Outfitters traded up 23% following the results while Boot Barn was also up 16.5%. Read our full analysis of Urban Outfitters's results here and Boot Barn's results here. There has been positive sentiment among investors in the apparel and footwear retail segment, with share prices up 11.4% on average over the last month. American Eagle is up 4.5% during the same time and is heading into earnings with an average analyst price target of $12 (compared to the current share price of $11.25). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.
Yahoo
27-05-2025
- Business
- Yahoo
What To Expect From Abercrombie and Fitch's (ANF) Q1 Earnings
Young adult apparel retailer Abercrombie & Fitch (NYSE:ANF) will be announcing earnings results tomorrow before market hours. Here's what you need to know. Abercrombie and Fitch beat analysts' revenue expectations by 1.2% last quarter, reporting revenues of $1.58 billion, up 9.1% year on year. It was a slower quarter for the company, with EPS guidance for next quarter missing analysts' expectations significantly and a miss of analysts' gross margin estimates. Is Abercrombie and Fitch a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Abercrombie and Fitch's revenue to grow 4.1% year on year to $1.06 billion, slowing from the 22.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.37 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Abercrombie and Fitch has missed Wall Street's revenue estimates twice over the last two years. Looking at Abercrombie and Fitch's peers in the apparel and footwear retail segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Urban Outfitters delivered year-on-year revenue growth of 10.7%, beating analysts' expectations by 2.5%, and Boot Barn reported revenues up 16.8%, falling short of estimates by 0.9%. Urban Outfitters traded up 23% following the results while Boot Barn was also up 16.5%. Read our full analysis of Urban Outfitters's results here and Boot Barn's results here. There has been positive sentiment among investors in the apparel and footwear retail segment, with share prices up 8.8% on average over the last month. Abercrombie and Fitch is up 4.5% during the same time and is heading into earnings with an average analyst price target of $117.80 (compared to the current share price of $73.88). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
21-05-2025
- Business
- Business Wire
Boot Barn Holdings, Inc. Announces May and June Conference Schedule
IRVINE, Calif.--(BUSINESS WIRE)--Boot Barn Holdings, Inc. (NYSE: BOOT) today announced participation in the following investor conferences: Craig-Hallum 22 nd Annual Institutional Investor Conference Date: May 28, 2025 William Blair 45th Annual Growth Stock Conference Date: June 3, 2025 Webcast Presentation: 11:40 am Eastern Time TD Cowen 9th Annual Future of the Consumer Conference Date: June 4, 2025 Webcast Fireside Chat: 1:15 pm Eastern Time Baird 2025 Global Consumer, Technology & Services Conference Date: June 5, 2025 The William Blair Presentation and TD Cowen Fireside Chat will be webcast live over the internet and can also be accessed at Online archives will be available for a period of 90 days following the presentations. About Boot Barn Boot Barn is the nation's leading lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The Company offers its loyal customer base a wide selection of work and lifestyle brands. As of the date of this release, Boot Barn operates 467 stores in 49 states, in addition to an e-commerce channel The Company also operates the nation's leading pure play online western and work retailer and an e-commerce site selling to customers who live a country lifestyle. For more information, call 888-Boot-Barn or visit
