Boot Barn Holdings (BOOT) Financials

Boot Barn Holdings Inc (BOOT) is a leading retailer of western and work-related footwear, apparel, and accessories. The company operates over 250 stores in the United States, as well as a robust e-commerce platform. BOOT's mission is to provide customers with quality products at great values, backed by exceptional service. With a strong focus on the western lifestyle, the company offers a wide range of cowboy boots, hats, shirts, jeans, and more. In addition, BOOT also caters to the workwear market, offering durable and functional clothing for industries such as construction, agriculture, and oil and gas.

The financial performance of Boot Barn Holdings Inc has been impressive in recent years. According to the company's income statement, total revenue for fiscal year 2020 was $855.7 million, an increase of 13.3% compared to the previous year. Gross profit for the same period was $404.6 million, with a gross margin of 47.3%. This indicates strong profitability and efficient cost management. EBIT (earnings before interest and taxes) was $50.9 million, and net income from stockholders was $31.6 million. These figures highlight BOOT's ability to generate consistent profits and deliver value to its shareholders.

On the balance sheet side, Boot Barn Holdings Inc has a strong financial position. Total assets at the end of fiscal year 2020 amounted to $598.5 million, with total liabilities of $200.9 million. Stockholders' equity stood at $397.6 million, indicating positive net worth and a healthy balance between assets and liabilities. The company's capital structure is also favorable, with no net debt. Boot Barn Holdings Inc has managed its finances effectively, maintaining a solid cash position and prudent borrowing practices.

In terms of cash flow, BOOT has shown robust performance. Operating cash flow for fiscal year 2020 was $73.3 million, reflecting the company's ability to generate cash from its core operations. This provides BOOT with the necessary liquidity to support its growth initiatives and fulfill its financial obligations. Financing cash flow for the same period was $20.1 million, indicating positive inflows from activities such as debt financing and equity issuances. Investing cash flow was -$19.7 million, primarily due to capital expenditures and investments in store expansion and technology upgrades. Finally, free cash flow for the year was $53.6 million, representing the amount of cash available for distribution to investors or reinvestment in the business.

Overall, Boot Barn Holdings Inc (BOOT) has demonstrated strong financial performance, driven by its focus on providing customers with high-quality products and exceptional service. The company's consistent revenue growth, solid profitability, and healthy balance sheet position it well for future success in the retail industry.