BOOT FY 2019 Earnings Report — Boot Barn Holdings, Inc. Revenue & Financial Results | Market Cap Arena

Boot Barn Holdings, Inc.BOOT

FY 2019 Earnings

Reported May 23, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$777M	—	$678M	—	14.6%
Op. Income	$64M	—	$46M	—	39.1%
Gross Margin	32.4%	—	30.7%	—	1.7pp
Net Margin	5.0%	—	4.3%	—	0.8pp
EPS (Diluted)	$1.35	—	$1.05	—	28.6%
Free Cash Flow	$36M	—	$20M	—	80.6%

Revenue Flow

Item	Amount
REVENUE	$777M
Cost of Revenue	$525M
GROSS PROFIT	$251M
R&D Expenses	$0
Selling & Marketing	$28M
General & Administrative	$159M
SG&A Expenses	$187M
Other Expenses	$5.0K
Operating Expenses	$187M
Cost & Expenses	$713M
OPERATING INCOME	$64M
Interest Income	$0
Interest Expense	$16M
Other Income/Expenses	-$16M
INCOME BEFORE TAX	$48M
Income Tax Expense	$9M
Net Income from Continuing Ops	$39M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$39M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$39M
D&A	$19M
EBIT	$64M
EBITDA	$83M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$777M
Cost of Revenue	$525M
GROSS PROFIT	$251M
R&D Expenses	$0
Selling & Marketing	$28M
General & Administrative	$159M
SG&A Expenses	$187M
Other Expenses	$5.0K
Operating Expenses	$187M
Cost & Expenses	$713M
OPERATING INCOME	$64M
Interest Income	$0
Interest Expense	$16M
Other Income/Expenses	-$16M
INCOME BEFORE TAX	$48M
Income Tax Expense	$9M
Net Income from Continuing Ops	$39M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$39M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$39M
D&A	$19M
EBIT	$64M
EBITDA	$83M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$39M
Depreciation & Amortization	$19M
Stock-Based Compensation	$3M
Deferred Income Tax	$4M
Other Non-Cash Items	$2M
Change in Working Capital	-$4M
OPERATING CASH FLOW	$63M
Capital Expenditure	-$28M
Acquisitions (Net)	-$4M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$184.0K
NET CASH FROM INVESTING	-$32M
Net Debt Issuance	-$32M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$8M
NET CASH FROM FINANCING	-$24M
FREE CASH FLOW	$36M
Net Change in Cash	$8M

Balance Sheet

Item	Amount
Cash & Equivalents	$17M
Short-Term Investments	$0
Net Receivables	$10M
Inventory	$241M
Other Current Assets	$2M
TOTAL CURRENT ASSETS	$277M
PP&E (Net)	$99M
Goodwill	$196M
Intangible Assets	$63M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$1M
TOTAL NON-CURRENT ASSETS	$359M
TOTAL ASSETS	$636M
Account Payables	$105M
Short-Term Debt	$0
Deferred Revenue	$10M
Other Current Liabilities	$26M
TOTAL CURRENT LIABILITIES	$152M
Long-Term Debt	$174M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$17M
Other Non-Current Liabilities	$18M
TOTAL NON-CURRENT LIABILITIES	$220M
TOTAL LIABILITIES	$372M
Common Stock	$3.0K
Additional Paid-In Capital	$159M
Retained Earnings	$106M
Treasury Stock	-$668.0K
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$264M
Minority Interest	$0
TOTAL EQUITY	$264M
TOTAL LIABILITIES & EQUITY	$636M
Total Debt	$186M
Net Debt	$169M