Boot Barn Holdings Inc. (NYSE:BOOT) shares rose 3% after reporting fiscal fourth-quarter results that topped expectations.
The western and work wear retailer posted adjusted EPS of $1.45 for the quarter ended March 28, beating the consensus of $1.43. Revenue grew 18.7% YoY to $538.8 million, above estimates of $533.1 million. Same-store sales rose 6.1%, with retail stores up 5.2% and e-commerce surging 14.1%.
However, first-quarter guidance disappointed. The company expects EPS of $1.62 to $1.71, with a midpoint of $1.67 well below the consensus of $1.93. Revenue is projected at $574M to $584M, with the midpoint of $579M slightly above the $571.9M consensus.
For fiscal 2027, Boot Barn provided an optimistic outlook: EPS guidance of $8.21-$8.64, midpoint $8.43 above the $7.34 consensus. Full-year revenue of $2.58B-$2.62B, midpoint $2.60B well above the $2.25B consensus.
"I am very proud of our performance in Fiscal 2026," said CEO John Hazen. "We delivered strong results across key metrics, including 18% total sales growth, 80 basis points of merchandise margin expansion, and 25% growth in EPS."
The company opened 25 stores in Q4, bringing total to 539. Boot Barn plans to open 70 additional stores in fiscal 2027.
