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Boot Barn Holdings, Inc. operates specialty retail stores in the United States and internationally. The company's lifestyle retail chain engages in the sale of western and work-related footwear, apparel and accessories for men, women, and kids. It also offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry and accessories, rugged footwear, outerwear, overalls, denim, safety-toe boots, and flame-resistant and high-visibility clothing, as well as gifts and home merchandise. The company provides its products under the Shyanne, Cody James, Moonshine Spirit, Idyllwind, Hawx, Cody James Work, Cleo + Wolf, Brothers & Sons, Rank 45, Blue Ranchwear, Cody James Black 1978, Ariat, Cinch, Corral, Dan Post, Durango, El Dorado, Justin, Laredo, Levi's, Miss Me, Montana Silversmiths, Resistol, Stetson, Tony Lama, Twisted X, Wrangler, Carhartt, Georgia Boot, Hawx, Thorogood, Timberland Pro and Wolverine, and Gibson brand names. It sells its products through various e-commerce platforms, such as bootbarn.com, sheplers.com, countryoutfitter.com, and idyllwind.com; and third-party marketplaces, as well as the Boot Barn application. The company was formerly known as WW Top Investment Corporation and changed its name to Boot Barn Holdings, Inc. in June 2014. Boot Barn Holdings, Inc. was founded in 1978 and is based in Irvine, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2026
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2026 | $2.3B | $381M | $226M | $126M | 17.1% | 17.9% | 24.8% |
| 2025 | $1.9B | $304M | $181M | $-1M | 16.0% | 14.6% | 23.1% |
| 2024 | $1.7B | $249M | $147M | $117M | 15.6% | 0.6% | -13.8% |
| 2023 | $1.7B | $268M | $171M | $-36M | 22.0% | - | - |
| 2022 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,657.62 | 1,667.01 | 1,911.10 | 2,253.86 |
| Operating Revenue | - | 1,657.62 | 1,667.01 | 1,911.10 | 2,253.86 |
| Cost Of Revenue | - | 1,047.04 | 1,052.58 | 1,194.07 | 1,395.50 |
| Gross Profit | - | 610.57 | 614.42 | 717.04 | 858.36 |
| Operating Expense | - | 378.78 | 416.21 | 477.69 | 559.21 |
| Selling General And Administration | - | 378.78 | 416.21 | 477.69 | 559.21 |
| Total Expenses | - | 1,425.83 | 1,468.80 | 1,671.75 | 1,954.71 |
| Operating Income | - | 231.79 | 198.21 | 239.35 | 299.14 |
| Total Operating Income As Reported | - | 231.79 | 198.21 | 239.35 | 299.14 |
| EBITDA | - | 267.70 | 249.20 | 304.10 | 380.77 |
| Normalized EBITDA | - | 267.70 | 249.20 | 304.10 | 380.77 |
| EBIT | - | 231.76 | 199.61 | 241.61 | 302.12 |
| Interest Expense | - | 5.88 | 2.24 | 1.50 | 1.53 |
| Net Interest Income | - | -5.88 | -2.24 | -1.50 | -1.53 |
| Other Non Operating Income Expenses | - | -0.03 | 1.40 | 2.26 | 2.97 |
| Other Income Expense | - | -0.03 | 1.40 | 2.26 | 2.97 |
| Interest Expense Non Operating | - | 5.88 | 2.24 | 1.50 | 1.53 |
| Net Non Operating Interest Income Expense | - | -5.88 | -2.24 | -1.50 | -1.53 |
| Pretax Income | - | 225.88 | 197.37 | 240.12 | 300.59 |
| Tax Provision | - | 55.32 | 50.38 | 59.18 | 74.71 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 170.55 | 147 | 180.94 | 225.88 |
| Net Income From Continuing And Discontinued Operation | - | 170.55 | 147 | 180.94 | 225.88 |
| Net Income From Continuing Operation Net Minority Interest | - | 170.55 | 147 | 180.94 | 225.88 |
| Net Income | - | 170.55 | 147 | 180.94 | 225.88 |
| Net Income Common Stockholders | - | 170.55 | 147 | 180.94 | 225.88 |
| Net Income Including Noncontrolling Interests | - | 170.55 | 147 | 180.94 | 225.88 |
| Normalized Income | - | 170.55 | 147 | 180.94 | 225.88 |
| Diluted NI Availto Com Stockholders | - | 170.55 | 147 | 180.94 | 225.88 |
| Basic Average Shares | - | 29.80 | 30.17 | 30.52 | 30.50 |
| Diluted Average Shares | - | 30.37 | 30.61 | 30.77 | 30.74 |
| Reconciled Depreciation | - | 35.94 | 49.58 | 62.48 | 78.65 |
| Reconciled Cost Of Revenue | - | 1,047.04 | 1,052.58 | 1,194.07 | 1,395.50 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Boot Barn Holdings, Inc.this co. | BOOT | $5.1B | 22.73↑ premium | 3.89 | 17.1% | 15.14 |
| Brinker International, Inc. | EAT | $5.9B | 15.28 | 15.78 | 103.3% | 10.46 |
| Red Rock Resorts, Inc. | RRR | $5.7B | 30.56 | 27.59 | 90.3% | 11.29 |
| Installed Building Products, Inc. | IBP | $5.5B | 20.58 | 7.69 | 37.4% | 11.49 |
| Acushnet Holdings Corp. | GOLF |
| - |
| - |
| - |
| - |
| - |
| - |
| $5.2B |
| 27.64 |
| 6.65 |
| 24.1% |
| 17.23 |
| Rush Enterprises, Inc. | RUSHA | $5.1B | 19.48 | 2.33 | 12.0% | 9.84 |
| Reynolds Consumer Products Inc. | REYN | $4.6B | 15.18 | 2.03 | 13.4% | 9.69 |
| Meritage Homes Corporation | MTH | $4.6B | 10.06 | 0.88 | 8.7% | 9.30 |
| Frontdoor, Inc. | FTDR | $4.4B | 17.41 | 18.34 | 105.4% | 10.01 |
| Peer Median | - | 18.44 | 7.17 | 30.7% | 10.23 | |