Boot Barn sees plenty of room to grow its store count.
The California-based retailer of western and work-related footwear, apparel and accessories for men, women and children currently operates nearly 250 stores across the nation — with the exception of the Northeast. But that is about to change.
“We’ve mapped out the whole country, state by state, and we’ve gotten to a number of exactly 250 — doubling to 500,” CEO Jim Conroy said in an interview on CNBC. “So we think we can double the store count. Soon to be in Pennsylvania, so we’re getting closer and closer to New York, and hopefully we’ll have investors going.”
For its most recent quarter, ended Sept. 28, Boot Barn’s net sales increased 11.3% to $187.2 million. Retail same-store sales increased 8%.
Boot Barn is projected to open at least 40 stores by the end of its 2021 fiscal year, the report said. Click here for the full story.