Boot Barn (NYSE:BOOT) Updates 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 (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 Down 2.7 %

NYSE BOOT opened at $155.95 on Friday. Boot Barn has a 52 week low of $69.35 and a 52 week high of $169.83. The firm has a 50 day moving average of $144.53 and a two-hundred day moving average of $142.96. The stock has a market capitalization of $4.76 billion, a PE ratio of 31.32 and a beta of 2.10.

Boot Barn (NYSE:BOOT) last issued its earnings results on Monday, October 28th. The company reported $0.95 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $424.42 million. During the same quarter in the previous year, the firm posted $0.91 earnings per share. The company’s revenue was up 13.7% compared to the same quarter last year. On average, equities research analysts expect that Boot Barn will post 5.48 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on BOOT shares. Benchmark restated a “buy” rating and set a $192.00 target price on shares of Boot Barn in a research note on Tuesday, October 29th. Citigroup lowered their target price on shares of Boot Barn from $194.00 to $178.00 and set a “buy” rating for the company in a report on Tuesday, October 29th. Bank of America assumed coverage on shares of Boot Barn in a research note on Tuesday, January 7th. They set a “buy” rating and a $187.00 price target on the stock. Baird R W upgraded shares of Boot Barn from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 30th. Finally, Piper Sandler reiterated an “overweight” rating and set a $179.00 target price on shares of Boot Barn in a research report on Tuesday, October 29th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Boot Barn presently has an average rating of “Moderate Buy” and a consensus price target of $170.75.

Insider Buying and Selling at Boot Barn

In other Boot Barn news, CEO John Hazen sold 6,311 shares of Boot Barn stock in a transaction that occurred 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 sale, the chief executive officer now owns 3,937 shares of the company’s stock, valued at approximately $602,282.26. The trade was a 61.58 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through 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.