IRVINE, Calif.--(BUSINESS WIRE)--
Boot Barn Holdings, Inc. (NYSE:BOOT) acquired certain assets of
Drysdales, Inc. (“Drysdales”), a retailer with two stores in Tulsa,
Oklahoma. As part of the transaction, Boot Barn purchased inventory and
offered employment to the Drysdales team at both store locations. Boot
Barn funded the acquisition from cash on hand.
Jim Conroy, Chief Executive Officer, commented, “Tulsa is a market that
is core to the western and workwear industry and Drysdales is the market
leader. Drysdales opened its first store in 1981 and has successfully
operated its business for more than 35 years. As we looked to expand
into Tulsa, the opportunity to acquire these stores and their
experienced team of associates was very compelling. Under the leadership
of Jim McClure, these stores have successfully served the needs of the
western and work customers in this area. We are looking forward to the
opportunity to continue to grow the business and further expand the Boot
Barn presence in Oklahoma.”
Jim McClure, the president and majority stockholder of Drysdales
commented, “I want to thank the team members at both of our stores who
have provided tremendous service to our loyal customers in our
community. It is exciting to have Drysdales join Boot Barn, the leading
western retailer in the country, and I am looking forward to seeing the
benefits that a national retail company can provide to both our
customers and our associates in the future.”
About Boot Barn
Boot Barn is the nation’s leading lifestyle retailer of western and
work-related footwear, apparel and accessories for men, women and
children. The Company offers its loyal customer base a wide selection of
work and lifestyle brands. Including the two Drysdales stores, Boot Barn
now operates 232 stores in 31 states, in addition to an e-commerce
channel www.bootbarn.com.
The Company also operates www.sheplers.com,
the nation’s leading pure play online western and work retailer and www.countryoutfitter.com,
an e-commerce site selling to customers who live a country lifestyle.
For more information, call 888-Boot-Barn or visit www.bootbarn.com.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20180703005442/en/
Investors:
ICR, Inc.
Brendon Frey, 203-682-8216
BootBarnIR@icrinc.com
or
Media:
Boot
Barn Holdings, Inc.
Jim Watkins, 949-453-4428
Vice President,
Investor Relations
BootBarnIRMedia@bootbarn.com
Source: Boot Barn Holdings, Inc.