×
71 379
Fashion Jobs
MACY'S
Manager, Omni Operations
Permanent · Skokie
MACY'S
Director, External Communications – Product And Brand
Permanent · New York
MACY'S
Credit Finance Analyst ii
Permanent · Deerfield Township
MACY'S
Manager, Merchandise Execution
Permanent · Florence
MACY'S
Asset Protection Captain, Clackamas Town Center - Full Time
Permanent · Happy Valley
MACY'S
Multi-Store Detective, Tacoma - Full Time
Permanent · Tacoma
MICHAEL KORS
Part Time Sales Supervisor, Memorial City Mall
Permanent · Houston
MICHAEL KORS
Sales Supervisor, Sugar Land, tx
Permanent · Houston
MICHAEL KORS
Sales Supervisor The Woodlands Mall
Permanent · Houston
JCREW
Junior Account Executive
Permanent · New York
JCREW
Senior Counsel, Intellectual Property & Product Compliance
Permanent · New York
JCREW
Brand Marketing Director, mw Men's
Permanent · New York
JCREW
Product Manager
Permanent · New York
JCREW
Distribution Supervisor
Permanent · Lynchburg
MARSHALLS
Loss Prevention Detective
Permanent · Charlotte
MARSHALLS
Loss Prevention Detective
Permanent · Bloomfield
MARSHALLS
Loss Prevention Detective
Permanent · Charlotte
MARC JACOB'S
Business Analyst, Supply Chain
Permanent · New York
MARC JACOB'S
Director, Business Applications
Permanent · New York
BLOOMINGDALE'S
Asset Protection Outlet Associate, Part Time - Outlets at Orange
Permanent · Orange
BLOOMINGDALE'S
Outlet Keyholder Selling, Full Time - Riverhead
Permanent · Riverhead
MACY'S
Asset Protection Detective, Temecula Promenade - Part Time
Permanent · Temecula
Published
Feb 6, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Boot Barn posts third consecutive quarter of sales growth

Published
Feb 6, 2017

Boot Barn achieved its third consecutive quarter of positive same store sales growth in its third quarter of fiscal 2017.


KMLE Country 107.9/CBS

 
The company this week reported a 2.9% net sales increase to $199.4 million. The net sales boost was partially offset by the planned closure of one Sheplers store and the closure of one Boot Barn store.
 
Jim Conroy, Chief Executive Officer, commented, “This performance is a testament to our diversified business model as we continue to find opportunities for sales growth despite the ongoing sales pressure in markets dependent on oil and other commodities. We also continue to invest in and improve our omni-channel capabilities.

Conroy added that the third quarter marked the fifth consecutive quarter of double-digit growth in e-commerce. The e-commerce sales impacted gross profit, however, which decreased 1.3% to $63.4 million
 
Net income increased slightly to $10.5 million, or $0.39 per diluted share, from $9.9 million, or $0.37 per diluted share, in the prior year.
 
For the nine month period ended December 24, 2016, net sales increased 11.3% to $466.8 million and gross profit increased 7.4% to $140.6 million. The opening of 14 new stores and a 0.7% increase in consolidated same store sales contributed to the net sales boost but was offset by the store closures.
 
Net income jumped to $11.6 million from $8.9 million in the previous year.
 
Boot Barn expects its fourth quarter consolidated same store sales to range from flat to 2.0% and net income to range from $4.6 million to $5.4 million. For the fiscal year, the company expects consolidated same store sales growth of 1.0% and net income to range from $16.1 million to $16.9 million.

Copyright © 2022 FashionNetwork.com All rights reserved.