Boot Barn Q4 net income falls to $29.4 million; same store sales down 5.9%
Boot Barn reported fourth-quarter fiscal 2024 results, with net sales down 8.7% and diluted EPS of $0.96 versus $1.53 a year earlier, partly reflecting a 14-week prior-year quarter. For the full year, sales rose 0.6% but diluted EPS fell to $4.80 from $5.62, and the company guided to fiscal 2025 sales of $1.766 billion to $1.800 billion and diluted EPS of $4.55 to $4.85.
- Q4 net sales fell 8.7% to $388.5 million; consolidated same store sales decreased 5.9%.
- Q4 diluted EPS was $0.96, versus $1.53, including a $2.0 million Sheplers trademark impairment.
- Fiscal 2024 net sales rose 0.6% to $1.667 billion; diluted EPS was $4.80, versus $5.62.
- Fiscal 2025 guidance: sales of $1.766 billion to $1.800 billion and diluted EPS of $4.55 to $4.85; first-quarter diluted EPS of $0.94 to $1.00.