Boot Barn reports Q2 earnings rise 26% on margin gains
The retailer reported sales growth and said tariff refunds contributed to its margin improvement.
TL;DR
- Boot Barn reported fiscal Q2 2027 net sales of $581.8 million, up 15.1%.
- Tariff refunds contributed $2.2 million to the quarter’s gross profit, according to the company.
- The board authorized an additional $400 million for share repurchases.
Boot Barn reported fiscal Q2 2027 net sales of $581.8 million, up 15.1% from a year earlier. Same-store sales increased 1.4%. [1] [2]
The company said its merchandise margin rate increased 190 basis points, partly because of lower freight costs and tariff refunds. Investing.com reported that the refunds totaled $2.2 million for the quarter. [1] [2]
Earnings per diluted share rose to $1.73 from $1.37 a year earlier. The company estimated that tariff refunds contributed $0.05 per share to the quarter’s earnings. [1] [2]
The board authorized an additional $400 million in repurchases under the existing program. Management also forecast opening 75-80 stores in fiscal 2027, a plan whose execution remains open. [2]
Why it matters
The results separate retail growth from reported tariff-refund benefits, which matter when assessing the durability of margins.
Editor's note
The source release is company-authored and reproduced by Nasdaq; Investing.com reports the same results. The repurchase amount is an authorization, not completed purchases.