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Boot Barn CEO Is Confident Company Can Navigate Tariffs After ‘Solid’ Q4 Earnings

Boot Barn wrapped up fiscal 2025 on a high note, reporting a solid finish to the year.
In the fourth quarter of fiscal 2025, the Irvine, Calif-based footwear company saw net sales increase 16.8 percent to $453.7 million from $388.5 million in the prior-year period. Net income in Q4 was $37.5 million, or $1.22 per diluted share, compared to $29.4 million, or 96 cents per diluted share, in the prior-year period.
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Boot Barn noted that the increase in net sales in Q4 was the result of incremental sales from new stores and the increase in consolidated same store sales. In the fourth quarter, Boot Barn opened 21 new stores, bringing its total store count to 459 as of March 29.
As for the full year, the company noted that net sales increased 14.6 percent to $1.91 billion from $1.67 billion in fiscal 2024. Net income for the year was $180.9 million, or $5.88 per diluted share, compared to net income of $147.0 million, or $4.80 per diluted share, last year.
John Hazen, who was officially named chief executive officer of Boot Barn last week after an interim period in the role , said in a statement that the company’s latest earnings “underscoring the ongoing resilience” of its core consumer “despite broader market uncertainties.”
“The continued strength across major merchandise categories, channels, and geographies reaffirms the broad appeal of our brand and the effectiveness of our strategic initiatives,” Hazen said.
Looking ahead, the company noted that it was issuing first quarter and fiscal 2026 guidance for “what it can reasonably expect at this time.”
In fiscal 2026, Boot Barn expects to earn total sales between $2.07 billion and $2.15 billion, representing growth of between 8 percent to 13 percent over fiscal 2025. Net income for the year is anticipated to be between $169 million and $197 million, or $5.50 to $6.40 per diluted share. The company also noted that it expects to open between 65 and 70 new stores throughout the year.
In the first quarter of fiscal 2026, Boot Barn expects net sales between $483 million and $491 million, representing growth between 14 percent and 16 percent over the prior-year period.
“As we look ahead, we remain confident in our ability to navigate the current tariff environment through our diversified sourcing capabilities and established vendor partnerships,” the CEO added. “The fundamentals of our business remain strong, and we are well-positioned to continue generating value for our shareholders.”
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