Boot Barn (NYSE:BOOT) Issues Q3 Earnings Guidance

Boot Barn (NYSE:BOOT) issued an update on its third quarter earnings guidance on Friday morning. The company provided earnings per share guidance of $2.43 for the period, compared to the consensus earnings per share estimate of $2.05. The company issued revenue guidance of $608.2 million, compared to the consensus revenue estimate of $593.41 million. Boot Barn also updated its Q3 2025 guidance to 2.430-2.430 EPS.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on BOOT. JPMorgan Chase & Co. increased their price target on shares of Boot Barn from $181.00 to $188.00 and gave the company an “overweight” rating in a report on Wednesday. Citigroup dropped their price objective on Boot Barn from $194.00 to $178.00 and set a “buy” rating on the stock in a research note on Tuesday, October 29th. Craig Hallum downgraded Boot Barn from a “buy” rating to a “hold” rating and increased their price target for the stock from $154.00 to $162.00 in a research report on Friday, October 25th. Piper Sandler restated an “overweight” rating and issued a $179.00 price objective on shares of Boot Barn in a report on Tuesday, October 29th. Finally, Robert W. Baird raised shares of Boot Barn from a “neutral” rating to an “outperform” rating and set a $167.00 target price on the stock in a research report on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, two have given a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $170.75.

Boot Barn Stock Down 2.7 %

BOOT opened at $155.95 on Friday. The firm’s 50-day moving average price is $143.92 and its 200-day moving average price is $142.67. The company has a market cap of $4.76 billion, a P/E ratio of 31.32 and a beta of 2.10. Boot Barn has a 52-week low of $69.35 and a 52-week high of $169.83.

Boot Barn (NYSE:BOOT) last announced its quarterly earnings data on Monday, October 28th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.02. Boot Barn had a net margin of 8.73% and a return on equity of 15.89%. The firm had revenue of $425.80 million for the quarter, compared to analyst estimates of $424.42 million. During the same period in the previous year, the company earned $0.91 earnings per share. The business’s quarterly revenue was up 13.7% compared to the same quarter last year. On average, research analysts anticipate that Boot Barn will post 5.48 EPS for the current fiscal year.

Insider Transactions at Boot Barn

In related news, CEO John Hazen sold 6,311 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $152.98, for a total value of $965,456.78. Following the completion of the transaction, the chief executive officer now directly owns 3,937 shares in the company, valued at $602,282.26. The trade was a 61.58 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 1.00% of the company’s stock.

Boot Barn Company Profile

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.