Rapid store expansion for cowboy boot brand - footwearbiz: Leading sit

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Rapid store expansion for cowboy boot brand

10/01/2024
Rapid store expansion for cowboy boot brand
Boot Barn Holdings, a US retailer of leather cowboy boots, has reported flat sales third quarter, which ended on December 30, 2023.

It reported revenues $520.4 million, representing growth of 1.1% over the year before.

However, the company opened 11 stores in the third quarter, making 37 stores year-to-date and bringing its total store count to 382.

CEO Jim Conroy said: “The performance in the quarter demonstrates the power of the Boot Barn model where multiple levers can work in tandem to drive earnings growth. Additionally, our average store revenue continues to far exceed pre-pandemic sales levels despite the reduction in comparable store sales. I am proud of the Boot Barn team for excellent execution and look forward to the new calendar year and our fourth fiscal quarter.”

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