Boot Barn (NYSE:BOOT) Issues Q3 Earnings Guidance

Boot Barn (NYSE:BOOT) updated its third quarter earnings guidance on Friday. The company provided earnings per share (EPS) guidance of $2.43 for the period, compared to the consensus 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 Ratings Changes

BOOT has been the subject of a number of research analyst reports. Robert W. Baird upgraded Boot Barn from a “neutral” rating to an “outperform” rating and set a $167.00 price target for the company in a research note on Wednesday, October 30th. Craig Hallum downgraded shares of Boot Barn from a “buy” rating to a “hold” rating and upped their price objective 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 target on shares of Boot Barn in a research note on Tuesday, October 29th. Baird R W raised Boot Barn from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 30th. Finally, Williams Trading reaffirmed a “buy” rating and set a $173.00 target price on shares of Boot Barn in a research note on Tuesday, October 29th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $170.75.

Boot Barn Price Performance

Shares of BOOT traded down $4.39 during midday trading on Friday, reaching $155.95. The stock had a trading volume of 886,311 shares, compared to its average volume of 733,408. The company’s fifty day simple moving average is $143.92 and its two-hundred day simple moving average is $142.67. The company has a market cap of $4.76 billion, a price-to-earnings ratio of 31.32 and a beta of 2.10. Boot Barn has a 1-year low of $69.35 and a 1-year high of $169.83.

Boot Barn (NYSE:BOOT) last announced its quarterly earnings results 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. The firm had revenue of $425.80 million during the quarter, compared to analysts’ expectations of $424.42 million. Boot Barn had a net margin of 8.73% and a return on equity of 15.89%. Boot Barn’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.91 earnings per share. On average, sell-side analysts forecast that Boot Barn will post 5.48 earnings per share for the current year.

Insider Buying and Selling at Boot Barn

In related news, CEO John Hazen sold 6,311 shares of the company’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $152.98, for a total transaction of $965,456.78. Following the transaction, the chief executive officer now owns 3,937 shares of the company’s stock, valued at $602,282.26. This represents a 61.58 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.00% of the stock is currently owned by corporate insiders.

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.