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.

Boot Barn Stock Performance

Boot Barn stock traded down $4.39 during trading on Friday, reaching $155.95. The company had a trading volume of 886,311 shares, compared to its average volume of 733,408. The firm has a market capitalization of $4.76 billion, a price-to-earnings ratio of 31.32 and a beta of 2.10. The stock’s 50 day moving average price is $143.92 and its two-hundred day moving average price is $142.67. Boot Barn has a 12-month low of $69.35 and a 12-month 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. 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 analysts’ expectations of $424.42 million. During the same period in the previous year, the company posted $0.91 earnings per share. Boot Barn’s revenue was up 13.7% compared to the same quarter last year. As a group, research analysts expect that Boot Barn will post 5.48 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Craig Hallum lowered shares of Boot Barn from a “buy” rating to a “hold” rating and raised their price target for the company from $154.00 to $162.00 in a report on Friday, October 25th. JPMorgan Chase & Co. lifted their target price on Boot Barn from $181.00 to $188.00 and gave the stock an “overweight” rating in a research report on Wednesday. Citigroup reduced their price target on Boot Barn from $194.00 to $178.00 and set a “buy” rating for the company in a report on Tuesday, October 29th. UBS Group upgraded Boot Barn from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $155.00 to $210.00 in a report on Friday. Finally, Baird R W raised shares of Boot Barn from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 30th. One investment 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’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $170.75.

Insider Buying and Selling

In other Boot Barn 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 value of $965,456.78. Following the transaction, the chief executive officer now owns 3,937 shares of the company’s stock, valued at approximately $602,282.26. This represents a 61.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate 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.