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Boot Barn Beats Q1 Guidance But Sees Trends ‘Moderating’ Amid ‘Challenging’ Comparisons
['Stephen Garner']
WWD
Boot Barn started the new fiscal year off strong after beating expectations in the first quarter.
The Irvine, Calif-based footwear company saw net sales in Q1 2027 increase 17.7 percent to $593.5 million from $504.1 million in the prior-year period.
In the first quarter, Boot Barn opened 27 new stores, bringing its total store count to 566 as of June 27.
John Hazen, chief executive officer of Boot Barn, said in a statement that first quarter results exceeded expectations and “reflected broad-based strength” across the business.
The CEO explained that as the company exited the first quarter, Boot Barn’s July sales “moderated” given the “more challenging” year-over-year comparisons.