Boot Barn Holdings Reports Operations, Personnel Changes
Ticker: BOOT · Form: 8-K · Filed: Oct 28, 2024 · CIK: 1610250
| Field | Detail |
|---|---|
| Company | Boot Barn Holdings, INC. (BOOT) |
| Form Type | 8-K |
| Filed Date | Oct 28, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: operations, personnel, disclosure
TL;DR
Boot Barn dropped an 8-K: financial updates, new directors, and exec changes. Check it out.
AI Summary
Boot Barn Holdings, Inc. filed an 8-K on October 28, 2024, reporting on results of operations and financial condition as of October 22, 2024. The filing also disclosed the departure of directors, election of new directors, appointment of officers, and compensatory arrangements. Additionally, it included information on Regulation FD disclosures and financial statements/exhibits.
Why It Matters
This filing provides investors with crucial updates on Boot Barn's financial performance and significant changes in its leadership and governance structure.
Risk Assessment
Risk Level: medium — The filing contains information about financial results and executive changes, which can impact stock price and investor confidence.
Key Players & Entities
- Boot Barn Holdings, Inc. (company) — Registrant
- October 22, 2024 (date) — Earliest event reported
- October 28, 2024 (date) — Date of report
- Delaware (jurisdiction) — State of incorporation
- 15345 Barranca Parkway, Irvine, California 92618 (address) — Principal executive offices
FAQ
What specific financial results are being reported by Boot Barn Holdings, Inc. as of October 22, 2024?
The filing indicates that Item 2.02 (Results of Operations and Financial Condition) is being reported, but the specific financial details are not provided in the provided text excerpt.
Who are the directors or officers that have departed or been elected/appointed according to this 8-K?
The filing mentions Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers) but does not name the individuals involved in the provided text.
What is the significance of the Regulation FD Disclosure mentioned in the filing?
Regulation FD (Fair Disclosure) ensures that material non-public information is broadly disseminated to the public, preventing selective disclosure to analysts or institutional investors.
What types of exhibits are included with this 8-K filing?
The filing lists Item 9.01 (Financial Statements and Exhibits) but does not specify the exact nature of the exhibits in the provided text.
What is Boot Barn Holdings, Inc.'s primary business as indicated by its Standard Industrial Classification code?
Boot Barn Holdings, Inc. is classified under RETAIL-SHOE STORES [5661], indicating its primary business is the retail sale of shoes.
Filing Stats: 1,132 words · 5 min read · ~4 pages · Grade level 11.1 · Accepted 2024-10-28 16:05:29
Key Financial Figures
- $0.0001 — nge on which registered Common Stock, $0.0001 par value BOOT New York Stock Excha
Filing Documents
- boot-20241022x8k.htm (8-K) — 38KB
- boot-20241022xex99d1.htm (EX-99.1) — 389KB
- boot-20241022xex99d2.htm (EX-99.2) — 32KB
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- boot-20241022xex99d2g022.jpg (GRAPHIC) — 132KB
- 0001558370-24-013745.txt ( ) — 4640KB
- boot-20241022.xsd (EX-101.SCH) — 3KB
- boot-20241022_lab.xml (EX-101.LAB) — 15KB
- boot-20241022_pre.xml (EX-101.PRE) — 10KB
- boot-20241022x8k_htm.xml (XML) — 5KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On October 28, 2024, Boot Barn Holdings, Inc. (the "Company") issued a press release announcing certain financial results for its fiscal second quarter ended September 28, 2024. The press release is attached hereto as Exhibit 99.1 and incorporated into this Item 2.02 by reference. The information provided in this Item 2.02, including Exhibit 99.1, is intended to be "furnished" and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as expressly set forth by specific reference in such filing. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 22, 2024, James G. Conroy notified the Company of his intent to resign as the Company's President and Chief Executive Officer and as a member of the Company's Board of Directors (the "Board") to pursue a different opportunity, with such resignation to be effective as of November 22, 2024 (the "Effective Date"). Mr. Conroy's resignation is not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices. In connection with Mr. Conroy's resignation, on October 23, 2024, the Board appointed the Company's current Chief Digital Officer, John Hazen, as Interim Chief Executive Officer and the Company's "principal executive officer," with such appointment to be effective as of the Effective Date. Mr. Hazen will serve in such position while the Board conducts an internal and external executive search before making a permanent decision on its next Chief Executive Officer. In addition, to assist in the tran
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. The Company is furnishing this Current Report on Form 8-K in connection with the disclosure of information contained in a supplemental financial presentation (the "Presentation") to be used by the Company at various meetings with institutional investors and analysts. This information may be amended or updated at any time and from time to time through another Current Report on Form 8-K or other means. A copy of the Presentation is furnished herewith as Exhibit 99.2 and is incorporated into this Item 7.01 by reference. The information furnished in this Item 7.01, including Exhibit 99.2, is being furnished and shall not be deemed to be "filed" for the purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference into any other filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such filing. The Company expressly disclaims any obligation to update or revise any of the information contained in the Presentation. The Presentation is available on the Company's investor relations website located at investor.bootbarn.com, although the Company reserves the right to discontinue that availability at any time. The website address included herein is an inactive textual reference only. The information contained on such website is not incorporated into this Current Report on Form 8-K.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. Exhibit Number Description Exhibit 99.1 Press release dated October 28, 2024 . Exhibit 99.2 Supplemental Financial Presentation dated October 28, 2024 . Exhibit 104 The cover page of this Current Report on Form 8-K, formatted in Inline XBRL.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BOOT BARN HOLDINGS, INC. Date: October 28, 2024 By: /s/ James M. Watkins Name: James M. Watkins Title: Chief Financial Officer and Secretary