Strong Revenue Growth
Revenue increased by 19% compared to the prior year, reaching $505 million, driven by sales from 64 new stores and a consolidated same-store sales growth of 8.4%.
Increased Merchandise Margin
Merchandise margin rate increased by 80 basis points compared to the prior year period.
Significant Earnings Growth
Earnings per diluted share were $1.37, equating to 44% growth compared to the prior year period of $0.95.
Expansion of Total Addressable Market
The estimated total addressable market increased from $40 billion to $58 billion.
Growth in Exclusive Brands
Exclusive brand penetration increased by 290 basis points to 41% of sales.
Positive October Performance
Consolidated same-store sales increased by 9.3% in October, driven by an increase in transactions.
E-commerce Success
E-commerce comp sales grew by 14.4%, with bootbarn.com comping positive high teens.