Boot Barn (NYSE:BOOT) Releases 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 %

Shares of NYSE BOOT opened at $155.95 on Friday. Boot Barn has a twelve month low of $69.35 and a twelve month high of $169.83. The business has a fifty day simple moving average of $144.53 and a two-hundred day simple moving average of $142.96. The firm has a market cap of $4.76 billion, a PE ratio of 31.32 and a beta of 2.10.

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

Wall Street Analyst Weigh In

A number of analysts have commented on BOOT shares. Citigroup lowered their price target on Boot Barn from $194.00 to $178.00 and set a “buy” rating for the company in a research report on Tuesday, October 29th. Piper Sandler reiterated an “overweight” rating and issued a $179.00 target price on shares of Boot Barn in a research report on Tuesday, October 29th. Benchmark reissued a “buy” rating and set a $192.00 price target on shares of Boot Barn in a research report on Tuesday, October 29th. BTIG Research upped their price objective on shares of Boot Barn from $165.00 to $185.00 and gave the company a “buy” rating in a report on Tuesday, October 29th. Finally, Williams Trading restated a “buy” rating and set a $173.00 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 assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $170.75.

Insider Activity at Boot Barn

In other 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 $602,282.26. This represents a 61.58 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.00% of the stock is currently owned by 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.