Boot Barn Holdings, Inc.
Boot Barn Holdings, Inc. operates specialty retail stores in the United States and internationally. The company's lifestyle retail chain engages in the sale of western and work-related footwear, apparel and accessories for men, women, and kids. It also offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry and accessories, rugged footwear, outerwear, overalls, denim, safety-toe boots, and flame-resistant and high-visibility clothing, as well as gifts and home merchandise. The company provides its products under the Shyanne, Cody James, Moonshine Spirit, Idyllwind, Hawx, Cody James Work, Cleo + Wolf, Brothers & Sons, Rank 45, Blue Ranchwear, Cody James Black 1978, Ariat, Cinch, Corral, Dan Post, Durango, El Dorado, Justin, Laredo, Levi's, Miss Me, Montana Silversmiths, Resistol, Stetson, Tony Lama, Twisted X, Wrangler, Carhartt, Georgia Boot, Hawx, Thorogood, Timberland Pro and Wolverine, and Gibson brand names. It sells its products through various e-commerce platforms, such as bootbarn.com, sheplers.com, countryoutfitter.com, and idyllwind.com; and third-party marketplaces, as well as the Boot Barn application. The company was formerly known as WW Top Investment Corporation and changed its name to Boot Barn Holdings, Inc. in June 2014. Boot Barn Holdings, Inc. was founded in 1978 and is based in Irvine, California.
Analysis Summary
**Annual Meeting Outcomes:**
Stockholders voted on four key proposals, all of which passed:
1. **Election of Directors:** All eight management-nominated directors (Chris Bruzzo, Eddie Burt, John Hazen, Lisa G. Laube, Anne MacDonald, Brenda I. Morris, Peter Starrett, and Brad Weston) were successfully elected. While most received strong support, Lisa G. Laube had a comparatively higher number of 'Withheld' votes (5,986,857).
2. **Say-on-Pay:** The non-binding advisory resolution approving fiscal 2025 executive compensation was passed with significant support (25,937,593 'For' vs. 1,664,217 'Against').
3. **Say-on-Frequency:** Stockholders expressed an overwhelming preference for annual advisory votes on executive compensation (26,970,417 'One Year'). The Board of Directors considered this outcome and committed to conducting future advisory stockholder votes on executive compensation on an annual basis.
4. **Ratification of Independent Auditor:** The appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending March 28, 2026, was ratified with strong approval (27,768,432 'For').
**Management Commentary and Forward Guidance:**
The document does not include any management commentary on operational performance, financial results, or forward-looking guidance. The only 'management' action noted is the Board's decision to adopt the stockholders' preference for annual say-on-pay votes.
**Competitive Positioning and Market Trends:**
No information regarding competitive positioning or market trends was discussed in this filing.
**Risk Factors and Concerns Raised:**
No specific business or financial risk factors were discussed. The 'Against' and 'Withheld' votes on certain proposals, while not preventing their passage, indicate some level of shareholder dissent.
**Analyst Q&A Highlights:**
This document is a formal regulatory filing and does not include an analyst Q&A session.
Key Highlights
- • All eight management-nominated directors were successfully elected at the 2025 Annual Meeting.
- • Stockholders approved the fiscal 2025 executive compensation in a non-binding advisory vote.
- • The appointment of Deloitte & Touche LLP as the independent auditor for fiscal year 2026 was ratified.
- • Shareholders overwhelmingly preferred annual advisory votes on executive compensation.
- • The Board of Directors committed to holding annual say-on-pay votes, aligning with shareholder preference.
- • The provided document is an 8-K filing about an annual meeting, not an earnings call.
- • No financial performance data, guidance, or strategic updates were included in this filing.
Financial Metrics
Stock Performance (90 Days)
Positive Signals
- • All management-nominated directors were elected, indicating board stability and shareholder confidence in leadership.
- • The fiscal 2025 executive compensation plan was approved by stockholders, suggesting alignment on management incentives.
- • The independent auditor was ratified, ensuring continued robust financial oversight.
- • The Board's commitment to annual say-on-pay votes demonstrates responsiveness to shareholder preferences and good governance.
Risks & Concerns
- — No specific financial or operational risk factors were discussed in this 8-K filing.
- — A notable number of 'Withheld' votes for one director (Lisa G. Laube) suggests some level of shareholder dissent, though not enough to prevent election.
- — The 'Against' votes on the Say-on-Pay proposal, while not a majority, indicate some shareholder disagreement with executive compensation practices.
Full Transcript
Recent Boot Barn Holdings, Inc. News
Stock Price
Company Info
- Website
- www.bootbarn.com
- Industry
- Apparel Retail
- Sector
- Consumer Cyclical
- Headquarters
- Irvine, CA, United States
- CEO
- Mr. John Hazen
- Employees
- 3,300
Layoff Stats
- Layoff Events
- 0
- Total Affected
- 0
Recent Layoffs
No canonical layoff events recorded for this company.