Boot Barn (NYSE:BOOT) Issues Q2 2027 Earnings Guidance

Boot Barn (NYSE:BOOT) issued an update on its second quarter 2027 earnings guidance on Thursday. The company provided EPS guidance of 1.650-1.650 for the period, compared to the consensus earnings per share estimate of 1.620. The company issued revenue guidance of $582.0 million-$582.0 million, compared to the consensus revenue estimate of $581.8 million.

Boot Barn Stock Up 0.2%

Shares of BOOT stock opened at $123.05 on Friday. The firm has a 50-day moving average price of $153.28 and a 200 day moving average price of $159.00. Boot Barn has a 12-month low of $120.64 and a 12-month high of $210.25. The company has a market capitalization of $3.73 billion, a P/E ratio of 15.58, a P/E/G ratio of 0.79 and a beta of 1.70.

Boot Barn (NYSE:BOOT) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $2.29 EPS for the quarter, topping the consensus estimate of $1.69 by $0.60. Boot Barn had a net margin of 10.35% and a return on equity of 18.78%. The company had revenue of $593.51 million during the quarter, compared to analysts’ expectations of $583.15 million. During the same quarter in the previous year, the company earned $1.74 EPS. Boot Barn’s revenue was up 17.7% on a year-over-year basis. Boot Barn has set its FY 2027 guidance at 8.800-9.230 EPS and its Q2 2027 guidance at 1.550-1.650 EPS. As a group, research analysts expect that Boot Barn will post 9.18 earnings per share for the current year.

Analyst Upgrades and Downgrades

BOOT has been the topic of several research analyst reports. Robert W. Baird set a $212.00 target price on shares of Boot Barn in a report on Thursday, July 30th. TD Cowen reduced their target price on shares of Boot Barn from $225.00 to $190.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Stephens lifted their price target on Boot Barn from $196.00 to $207.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. BTIG Research restated a “buy” rating and issued a $215.00 price target on shares of Boot Barn in a report on Tuesday. Finally, Weiss Ratings lowered Boot Barn from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $219.55.

Boot Barn Company Profile

Boot Barn Holdings, Inc is a specialty retailer focused on Western and workwear products. The company sells a broad selection of footwear, clothing, accessories and related merchandise designed for customers interested in Western lifestyles, outdoor activities and occupational work.

Its product offerings include cowboy boots, work boots, jeans, shirts, jackets, hats, belts, jewelry and safety equipment. Boot Barn carries recognized third-party brands such as Ariat, Justin, Wrangler and Carhartt, along with private-label brands including Cody James, Shyanne, Hawx and Moonshine Spirit.

Founded in 1978 in Orange County, California, Boot Barn has expanded from a single store into a multichannel retailer operating physical stores and an e-commerce platform.