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EarningsQ1 2027 Earnings Report
BOOT Q1 2027 EPS Results
Actual EPS$2.29
Consensus EPS$1.69
Beat/MissBeat by +$0.60
One Year Ago EPS$1.74
BOOT Q1 2027 Revenue Results
Actual Revenue$593.51M
Expected Revenue$583.15M
Beat/MissBeat by +$10.36M
YoY Revenue Growth+17.75%
Earnings Announcement Details
QuarterQ1 2027
Date07/29/2026
TimeAfter Close
Conference CallWednesday, July 29, 2026
BOOT Upcoming Earnings
Boot Barn's next earnings date is estimated for November 4, 2026, based on past reporting schedules.
Q1 2027 Earnings Call Audio
BOOT Q1 2027 Earnings Call
0:00 / 0:00
Q1 2027 Earnings Slide Deck
Q1 2027 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a fundamentally positive operating performance: strong top-line growth (18% sales increase), robust e-commerce and same-store comps, significant margin expansion and a raised full-year guide. Operational execution highlights include successful new store openings, durable work-boot momentum, and improved omnichannel capabilities. Near-term challenges were acknowledged — notably July traffic weakness driven by fewer events and World Cup distractions, reliance on tariff refund timing as a one-time boost, a decline in women's Western boots in the month, inventory growth and some freight/comparability effects. Management characterized the July softness as transitory and maintained confidence in the full-year outlook.Company Guidance
Strong Top-Line Growth
Net sales increased 18% year-over-year to $594 million in Q1 FY27.
Same-Store and E-commerce Strength
Consolidated same-store sales grew 4.7% (brick-and-mortar +3.8%; e-commerce comps +13.4%), with continued adoption of BOPIS and ship-to-store omnichannel fulfillment.
Earnings and Margin Expansion
Diluted EPS rose 32% to $2.29 (includes $0.38 benefit from tariff refunds). Merchandise margin increased 220 basis points in the quarter (250 bps from tariff refunds and ~60 bps product margin expansion). Gross profit rate improved 130 basis points.
Raised Full-Year Guidance
High-end FY27 guidance raised to $2.6 billion sales (16% growth), same-store sales +4% (store +3%, e-commerce +13%), merchandise margin ~52.2% (130 bps YoY), gross profit ~38.7% (+60 bps), income from operations $374M (14.3%), and EPS $9.23 (+26%).
New Store Growth and Unit Economics
Opened 27 stores in Q1, ending with 566 locations across 49 states; on track to open ~70 stores this year. New stores projected to generate $3.2 million average annual revenue with payback of <2 years.
Work Boots and Category Execution
Work boots delivered high single-digit comp growth (fifth consecutive quarter of growth), and work apparel also delivered high single-digit comps, reflecting successful remerchandising and marketing focus.
Capital Allocation and Liquidity Enhancements
Repaid capital to shareholders with ~158,000 shares repurchased for $25M in the quarter (cumulative ~$75M). Ended quarter with $139M cash, $0 drawn on credit line, and amended revolving credit facility doubled to $500M with maturity extended to 2031.
Omnichannel & Brand Initiatives Momentum
Exclusive brand sites and TikTok Shop continue to drive traffic and brand discovery; exclusive-brand sites gaining traction and e-commerce growth remains a meaningful advantage.
BOOT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed