Boot Barn Holdings, Inc. (BOOT) FY2025 10-K Annual Report

Filed: May 15, 2025
Consumer Discretionary
Retail-Shoe StoresSEC EDGAR

Boot Barn Holdings, Inc. (BOOT) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on May 15, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Boot Barn Holdings, Inc. FY2025 10-K Analysis

Business Overview

  • Core business: Largest U.S. western and work lifestyle retailer with 459 stores in 49 states and complementary e-commerce platforms
  • New emphasis: Omni-channel enhancements including in-store touch screens, same-day delivery, curbside pickup, and integrated online-offline shopping
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Management Discussion & Analysis

  • Revenue $1.911B, up 14.6% YoY from $1.667B; same store sales growth 5.5% (excluding e-commerce 5.0%)
  • Gross profit $717.0M (+16.7%), margin 37.5% vs 36.9%; operating income $239.4M (+20.8%), margin 12.5% vs 11.9%
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Risk Factors

  • U.S. tariffs on China, Mexico, Canada imports risk cost increases; May 2025 tariff reductions temporary, ongoing trade disputes threaten supply and margins
  • Exposure to Russia-Ukraine conflict sanctions may disrupt supply chain; potential broader geopolitical impact on global operations
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Boot Barn Holdings, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$1.9B

+14.6% YoY

Net Income

$181M

+23.1% YoY

Gross Margin

37.5%

+66bp YoY

Operating Margin

12.5%

+63bp YoY

Net Margin

9.5%

+65bp YoY

ROE

16.0%

+42bp YoY

Total Assets

$2.0B

+18.3% YoY

EPS (Diluted)

$5.88

+22.5% YoY

Operating Cash Flow

$148M

-37.5% YoY

Source: XBRL data from Boot Barn Holdings, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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