Boot Barn Holdings, Inc. (BOOT) came up with fourth-quarter fiscal 2024 results, wherein both revenues and earnings beat the Zacks Consensus Estimate. However, the top and bottom lines declined year over year. The company faced soft same-store sales, e-commerce hurdles and a tough operational landscape in the reported quarteer. Gross margin contracted 70 basis points (bps) to 35.9% due to a 230 bps increase in expenses related to buying, occupancy and distribution center costs. This was partially compensate ...

财务数据和关键指标变化 - 2024财年全年收入约17亿美元,较疫情前4年前增长近100% [7] - 2024财年全年商品毛利率增长160个基点,其中120个基点来自成本改善,40个基点来自产品毛利率提升 [7] - 2024财年每股摊薄收益为4.80美元,较疫情前4年增长近3倍 [8] - 2024年第四季度收入下降8.7%至3.88亿美元,同店销售下降5.9% [22][23] - 2024年第四季度毛利率下降70个基点至35.9%,主要受到新店开设带来的租赁成本上升和第14周的影响 [24] - 2024年第四季度销售、一般及管理费用率上升420个基点至26.1%,主要受到营销费用上升、奖金计提恢复正常以及新店开设带来的影响 [25] 各条业务线数据和关键指标变化 - 各主要产品类别在第三季度至第四季度均呈现顺序改善,如女士西部靴提升15个点、工作靴提升5个点、工作服装提升11个点、男士西部靴提升9个点等 [39][40] - 线上和线下渠道均呈现顺序改善,各地区表现也都有所改善 [40][41] - 公司会员数据库B Rewarded会员增长18%至840万活跃会员 [13] 各个市场数据和关键指标变化 - 各地区表现均有顺序改善,西部、北部和南部地区与连锁平均水平持平,东部略低于平均水平 [41] - 公司在新市场和现有市场的新店表现良好,首年现金回报率达60% [10][11] 公司战略和发展方向及行业竞争 - 公司计划未来5年内在美国再开设至少500家新店,未来每年新增15%的门店数量 [11][29] - 公司正在加强人工智能在线上和线下的应用,以提升客户体验和搜索排名 [15][16][17] - 公司自有品牌渗透率在过去3年增加1400个基点至37.7%,未来还有进一步提升的空间 [18][19] - 公司持续从小型独立零售商那里获得市场份额,但也面临大型连锁和在线竞争对手的竞争 [96][97] 管理层对经营环境和未来前景的评论 - 公司认为目前业务正在呈现积极的转折,第一季度前6周同店销售持平,5月份已转为正增长 [20][41] - 管理层表示虽然当前宏观环境仍存在一定不确定性,但对公司未来发展前景保持乐观 [21] - 管理层认为公司基础良好,有多个经过验证的增长杠杆,对未来增长前景充满信心 [9] 问答环节重要的提问和回答 问题1 **Matthew Boss提问** 询问同店销售加速的驱动因素,各品类表现以及对未来趋势持续性的评估 [38] **Jim Conroy回答** 各主要品类均呈现顺序改善,线上线下渠道和各地区表现均有改善,管理层对未来保持谨慎乐观态度 [39][40][41][43] 问题2 **Alexia Morgan提问** 询问Beyonce新专辑是否对公司业务产生影响 [50] **Jim Conroy回答** 公司认为Beyonce新专辑对业务影响有限,业绩改善主要源于各品类和渠道的广泛性改善 [51][52] 问题3 **Steven Zaccone提问** 询问公司指引中的保守性因素 [58] **Jim Watkins回答** 公司在6月的同店销售目标较为保守,第三季度也考虑了一些宏观因素的不确定性 [59][60]

For the quarter ended March 2024, Boot Barn (BOOT) reported revenue of $388.46 million, down 8.7% over the same period last year. EPS came in at $1.01, compared to $1.53 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $383.67 million, representing a surprise of +1.25%. The company delivered an EPS surprise of +13.48%, with the consensus EPS estimate being $0.89. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

Competition The retail industry for western and work wear is highly fragmented and characterized by primarily regional competitors. We estimate that there are thousands of independent specialty stores scattered across the country. We believe that we compete primarily with smaller regional chains and independents on the basis of product quality, brand recognition, price, customer service and the ability to identify and satisfy consumer demand. In addition, as we expand our e-commerce sales presence, we are c ...

Exhibit 99.1 IRVINE, California – May 14, 2024 – Boot Barn Holdings, Inc. (NYSE: BOOT) today announced its financial results for the fourth fiscal quarter and fiscal year ended March 30, 2024. A Supplemental Financial Presentation is available at investor.bootbarn.com. ● Net sales decreased 8.7% over the prior-year period to $388.5 million. Net sales decreased 2.2% when excluding $28.3 million of sales from the 14th week of the prior-year period. ● Same store sales decreased 5.9% compared to the prior-year ...

Boot Barn Holdings, Inc. (BOOT) is poised to face a decline in its top-line performance as it prepares to unveil its fourth-quarter fiscal 2024 earnings results on May 14 after market close. The Zacks Consensus Estimate for its quarterly revenues is pegged at $383.7 million, which indicates a decline of 9.9% from the year- ago figure. Moreover, analysts anticipate a downturn in earnings, with the current Zacks Consensus Estimate pegged at 89 cents per share. This projection signifies a substantial 41.8% dec ...

Wall Street analysts forecast that Boot Barn (BOOT) will report quarterly earnings of $0.89 per share in its upcoming release, pointing to a year-over-year decline of 41.8%. It is anticipated that revenues will amount to $382.86 million, exhibiting a decline of 10.1% compared to the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of thi ...

公司盈利表现 - Boot Barn (BOOT) 公司在过去两个季度中表现出了超过盈利预期的稳定历史[2] - 在最近一个季度的财报中，Boot Barn 公司的每股收益为1.81美元，超过了分析师预期的1.80美元，呈现出0.56%的惊喜[3] - Boot Barn 公司目前的盈利预期呈现积极变化，Zacks Earnings ESP 为正值，结合其稳健的 Zacks Rank，预示着可能会再次超过盈利预期[4]

Beyoncé新专辑发布 - Beyoncé的新专辑"Cowboy Carter"发布后，乡村风格靴子的销售额在一周内激增超过20%[2] - 在"Cowboy Carter"发布前，单曲"Texas Hold 'Em"和"16 Carriages"的发布已经显著提升了这种风格靴子的销量[3] - Beyoncé的畅销专辑有望提升Boot Barn的同店销售额，并吸引更多女性购物者[4]

BOOT 公司业绩表现 - BOOT 在2024财年第三季度表现出色，总销售额增长1.1%，主要得益于成功整合新店铺[3] BOOT 公司股价表现 - Boot Barn Holdings, Inc. (BOOT) 在过去三个月中股价上涨了40.1%，远高于行业的10.4%增长[1] BOOT 公司成功关键 - BOOT 的成功关键在于有效的商品策略、强大的全渠道能力、精细的费用管理和以客户为中心的方法[2] BOOT 公司创新举措 - BOOT 引入人工智能提升客户体验，增强品牌忠诚度，推动销售增长[4]