Boot Barn Holdings Inc 2026年季度报告

Boot Barn Holdings,Inc. and SubsidiariesForm10-Q PARTI.FINANCIAL INFORMATION3 Item 1.Condensed Consolidated Financial Statements (Unaudited)Condensed Consolidated Balance Sheets as of December 27, 2025 and March 29, 2025Condensed Consolidated Statements of Operations for the Thirteen and Thirty-NineWeeks Ended December 27, 2025 Condensed Consolidated Statements of Stockholders’ Equity for the Thirteen and Thirty-Nine Weeks Ended December 27, 2025Condensed Consolidated Statements of Cash Flows for the Thirty-Nine Weeks EndedDecember 27, 2025Notes to Condensed Consolidated Financial Statements Item 2.Management’s Discussion and Analysis of Financial Condition and Results ofOperations21Item 3.Quantitative and Qualitative Disclosure About Market Risk31Item 4.Controls and Procedures31PARTII. OTHER INFORMATION31Item 1.Legal Proceedings31Item 1A.Risk Factors31Item 2.Unregistered Sales of Equity Securities and Use of Proceeds32Item 3.Defaults Upon Senior Securities32Item 4.Mine Safety Disclosures32Item 5.Other Information32Item 6.Exhibits33Signatures34 Part 1. Financial Information Table of Contents BOOT BARN HOLDINGS, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) 1. Business Operations Boot Barn Holdings, Inc. (the “Company”), the parent holding company of the group of operatingsubsidiaries that conduct the Boot Barn business, was formed on November 17, 2011, and is incorporatedin the State of Delaware. The equity of the Company consists of 100,000,000 authorized shares and The Company operates specialty retail stores and e-commerce websites that sell western and workboots and related apparel and accessories. The Company operates retail locations throughout the UnitedStates and sells its merchandise via the internet. The Company operated a total of 514 stores in 49 states as Recent Developments The Company’s business and opportunities for growth depend on consumer discretionary spending,and as such, the Company’s results are particularly sensitive to economic conditions and consumerconfidence. Inflation, tariff and import/export regulations, and other challenges affecting the globaleconomy could impact the Company’s operations and will depend on future developments, which areuncertain. These and other effects make it more challenging for management to estimate the future Basis of Presentation The Company’s condensed consolidated financial statements as of December 27, 2025 and March 29,2025 and for the thirteen and thirty-nine weeks ended December 27, 2025 and December 28, 2024 areprepared in accordance with accounting principles generally accepted in the United States (“GAAP”), andinclude the accounts of the Company and each of its subsidiaries, consisting of Boot Barn, Inc., RCCWestern Stores, Inc., Baskins Acquisition Holdings, LLC, Sheplers, LLC and Sheplers Holding LLC(together with Sheplers, LLC, “Sheplers”). All intercompany accounts and transactions among the In the opinion of management, the interim condensed consolidated financial statements reflect alladjustments that are of a normal and recurring nature necessary to fairly present the Company’s financialposition, results of operations and cash flows in all material respects as of the dates and for the periods Fiscal Periods The Company reports its results of operations and cash flows on a 52- or 53-week basis ending on thelast Saturday of March unless April 1st is a Saturday, in which case the fiscal year ends on April 1st. In a52-week year, each quarter includes thirteen weeks of operations; in a 53-week fiscal year, the first,second, and third quarters each include thirteen weeks of operations, and the fourth quarter includes Table of Contents 2. Summary of Significant Accounting Policies Information regarding the Company’s significant accounting policies is contained in Note 2,“Summary of Significant Accounting Policies”, to the consolidated financial statements included in the Comprehensive Income The Company does not have any components of other comprehensive income recorded within itscondensed consolidated financial statements and, therefore, does not separately present a statement of Segment Reporting GAAP has established guidance for reporting information about a company’s operating segments,including disclosures related to a company’s products and services, geographic areas and major customers.The Company monitors and reviews its segment reporting structure in accordance with authoritativeguidance to determine whether any changes have occurred that would impact its reportable segments. TheCompany’s chief operating decision maker (“CODM”) is its Chief Executive Officer. The CODM Use of Estimates The preparation of financial statements in conformity with GAAP requires management to makeestimates and assumptions that affect the reported amounts of assets and liabilities and disclosure ofcontingent assets and liabilities at the date of the financial statements and the reported amoun