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Boot Barn looking to win beyond the west
Two acquisitions in two years blended with organic growth have allowed Boot Barn to nearly double in size and lay claim to being America’s largest western and work wear retailer.
Tractor Supply with its more than 1,300 stores and Walmart might dispute that assertion — depending how western and work wear are defined — but there is no denying that Boot Barn is a retailer on the move with backing from growth oriented private equity owners.
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AutoZone joins the $1 billion club
The nation’s largest automotive retailer has entered some rarified retailing air after reporting its 33rd consecutive quarter of double digit profit growth during the fourth quarter ended August 30.
The operator of 5,391 stores in the U.S., Mexico and Brazil said its fourth quarter profit increased 7.4% to $373.7 million while earnings per share increased 15.6% to $11.28, compared to prior year profits of $371.2 million, or $9.76 a share.