Boot Barn (NYSE:BOOT – Get Free Report) issued an update on its second quarter earnings guidance on Wednesday morning. The company provided EPS guidance of $0.81-0.87 for the period, compared to the consensus EPS estimate of $0.94. The company issued revenue guidance of $405-412 million, compared to the consensus revenue estimate of $406.26 million. Boot Barn also updated its FY25 guidance to $5.05-5.35 EPS.
Boot Barn Price Performance
Shares of BOOT stock traded down $1.86 during mid-day trading on Wednesday, hitting $115.70. The stock had a trading volume of 963,759 shares, compared to its average volume of 810,069. The firm has a market cap of $3.53 billion, a PE ratio of 24.50 and a beta of 2.09. The company’s 50-day simple moving average is $126.32 and its 200-day simple moving average is $105.73. Boot Barn has a fifty-two week low of $66.73 and a fifty-two week high of $137.48.
Boot Barn (NYSE:BOOT – Get Free Report) last released its earnings results on Tuesday, May 14th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.12. The company had revenue of $388.46 million for the quarter, compared to analysts’ expectations of $383.67 million. Boot Barn had a return on equity of 16.84% and a net margin of 8.82%. On average, analysts expect that Boot Barn will post 5.03 EPS for the current year.
Analysts Set New Price Targets
View Our Latest Analysis on Boot Barn
Insider Buying and Selling at Boot Barn
In other Boot Barn news, insider Michael A. Love sold 5,653 shares of the firm’s stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $113.61, for a total value of $642,237.33. Following the sale, the insider now directly owns 2,327 shares in the company, valued at approximately $264,370.47. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Brenda I. Morris sold 1,500 shares of the stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $110.11, for a total value of $165,165.00. Following the transaction, the director now owns 4,546 shares of the company’s stock, valued at approximately $500,560.06. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Michael A. Love sold 5,653 shares of the business’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $113.61, for a total value of $642,237.33. Following the completion of the transaction, the insider now directly owns 2,327 shares of the company’s stock, valued at $264,370.47. The disclosure for this sale can be found here. Insiders have sold a total of 11,795 shares of company stock worth $1,329,686 over the last three months. Corporate insiders own 2.20% of the company’s stock.
About Boot Barn
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.
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