Boot Barn Holdings, Inc. Q3 2026 Earnings Recap

Boot Barn Holdings, Inc. reported a strong third quarter for fiscal 2026, with revenue up 16% year-over-year to $706 million and earnings per share of $2.79, reflecting robust performance across merchandise categories.

Key Takeaways

• Consolidated same-store sales grew by 5.7%, despite an estimated $5 million revenue reduction from winter storm closures.
• Record 25 new store openings in Q3 and plans for 15 additional stores in Q4, positioning the company towards its goal of 1,200 stores in the U.S.
• Online sales surged by 19.6%, driven by the successful launch of exclusive brand websites for Cody James and Hawx.
• Merchandise margin expanded by 110 basis points, aided by supply chain efficiencies and a strong focus on exclusive brands, which saw a 240 basis point increase.
• The company is adjusting exclusive brand pricing to enhance margins while maintaining competitive positioning.