Boot Barn Holdings Inc (BOOT)
Gross profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 614,424 | 610,572 | 575,073 | 294,879 | 276,491 |
| Revenue | US$ in thousands | 1,665,680 | 1,656,570 | 1,487,310 | 893,404 | 845,158 |
| Gross profit margin | 36.89% | 36.86% | 38.67% | 33.01% | 32.71% |
March 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $614,424K ÷ $1,665,680K
= 36.89%
Boot Barn Holdings Inc has demonstrated a fluctuating trend in its gross profit margin over the past five years. The company's gross profit margin has ranged from 32.71% in March 2020 to 38.67% in March 2022. In the most recent fiscal year ending in March 2024, the gross profit margin stood at 36.89%. It is noteworthy that the gross profit margin has generally shown an upward trend from 2020 to 2022, signifying improved efficiency in managing production costs and pricing strategies. However, there was a slight dip in the margin in 2023 before recovering in 2024. Further analysis would be required to understand the specific factors contributing to these fluctuations and assess the overall profitability and competitiveness of Boot Barn Holdings Inc.
Peer comparison
Mar 31, 2024