Earnings release
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IRVINE , California - August 4 , 2021 - Boot Barn Holdings , Inc. ( NYSE : BOOT ) today announced its financial results for the first fiscal quarter ended June 26 , 2021 . ● BOOT BARN Boot Barn Holdings , Inc. Announces First Quarter Fiscal Year 2022 Financial Results Due to the impact of COVID - 19 on the Company's results in its first fiscal quarter ended June 27 , 2020 , it has provided the below quarterly highlights in comparison to its first fiscal quarter ended June 29 , 2019 , two years ago . For the quarter ended June 26 , 2021 : Net sales increased 64.9 % to $ 306.3 million , compared to June 29 , 2019 , two years ago . Compared to June 29 , 2019 , same store sales increased 52.3 % , comprised of an increase in retail store same store sales of 51.7 % and an increase in e - commerce same store sales of 55.8 % . ● ● Net income was $ 40.6 million , or $ 1.35 per diluted share , compared to $ 9.7 million , or $ 0.33 per diluted share in the two - year ago period . Net income per diluted share in the current - year and two year ago periods includes an approximately $ 0.09 and $ 0.01 per share benefit , respectively , due to income tax accounting for share - based compensation . Excluding the tax benefit in both periods , net income per diluted share in the current - year period was $ 1.26 , compared to $ 0.32 in the two - year ago period . The Company opened 3 new stores during the thirteen weeks ended June 26 , 2021 . The Company has also provided the below table which includes year - over - year comparisons of retail store sales , e - commerce sales , and total net sales for each of the periods indicated below . In addition , the following table includes retail store sales and e - commerce sales as a percentage of total net sales for the periods indicated below : ( all $ in thousands ) Retail Stores E - commerce Total Net Sales Retail Stores as a % of Net Sales E - commerce as a % of Net Sales $ $ $ Q1 FY2022 Q1 FY2021 265,106 $ 41,221 $ 306,327 $ 87 % 13 % 110,586 $ 37,180 $ 147,766 $ Ⓡ 75 % 25 % 1 Q1 FY2020 159,346 26,421 185,767 86 % 14 % % Change Q1 FY2022 vs. Q1 FY2021 140 % 11 % 107 % % Change Q1 FY2022 vs. Q1 FY2020 66 % 56 % 65 % Jim Conroy , President and Chief Executive Officer , commented , " It has been a fantastic start to fiscal 2022 with sales and profitability up significantly on a two - year basis . While we believe there are macro tailwinds at play , our strategy to expand our addressable market , coupled with superb execution by the entire team in securing merchandise and staffing the stores to meet the additional demand , has resulted in another exceptional quarter . We believe that our sharp focus on our merchandise , marketing and