Boot Barn (NYSE:BOOT) Issues Q4 2026 Earnings Guidance

Boot Barn (NYSE:BOOT) issued an update on its fourth quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.350-1.450 for the period, compared to the consensus earnings per share estimate of 1.430. The company issued revenue guidance of $525.0 million-$535.0 million, compared to the consensus revenue estimate of $524.2 million. Boot Barn also updated its FY 2026 guidance to 7.250-7.350 EPS.

Boot Barn Price Performance

Shares of BOOT traded up $5.93 during midday trading on Thursday, hitting $189.13. The stock had a trading volume of 1,704,169 shares, compared to its average volume of 791,029. The firm has a market cap of $5.77 billion, a PE ratio of 27.98, a price-to-earnings-growth ratio of 1.35 and a beta of 1.67. Boot Barn has a 1 year low of $86.17 and a 1 year high of $210.25. The stock’s 50 day moving average is $190.67 and its 200 day moving average is $182.24.

Boot Barn (NYSE:BOOT) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $2.79 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.79. Boot Barn had a net margin of 10.05% and a return on equity of 18.11%. The business had revenue of $705.64 million during the quarter, compared to the consensus estimate of $700.71 million. During the same quarter last year, the firm earned $2.43 earnings per share. The firm’s quarterly revenue was up 16.0% compared to the same quarter last year. Boot Barn has set its FY 2026 guidance at 7.250-7.350 EPS and its Q4 2026 guidance at 1.350-1.450 EPS. As a group, equities research analysts expect that Boot Barn will post 5.82 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on BOOT. Piper Sandler lifted their price target on Boot Barn from $229.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday. Zacks Research raised shares of Boot Barn from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. JPMorgan Chase & Co. lifted their price objective on shares of Boot Barn from $276.00 to $282.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. Weiss Ratings reissued a “hold (c+)” rating on shares of Boot Barn in a research report on Wednesday, January 21st. Finally, Seaport Research Partners cut Boot Barn from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Boot Barn presently has an average rating of “Moderate Buy” and a consensus price target of $206.31.

Insider Buying and Selling

In other Boot Barn news, Director Gene Eddie Burt sold 1,200 shares of the firm’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $191.41, for a total value of $229,692.00. Following the completion of the sale, the director directly owned 3,338 shares of the company’s stock, valued at $638,926.58. This trade represents a 26.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.66% of the company’s stock.

Key Boot Barn News

Here are the key news stories impacting Boot Barn this week:

• Positive Sentiment: Q3 results: Net sales rose 16% to $705.6M, same-store sales +5.7%, and EPS of $2.79 matched estimates; management raised FY26 revenue and EPS targets — the core operational beat and guidance lift are the primary drivers of the stock move. Boot Barn Q3 Earnings & Sales Meet Estimates, FY26 Guidance Up
• Positive Sentiment: Analyst upgrades: BTIG reaffirmed a “buy” and set a $235 price target, and Zacks upgraded BOOT from “hold” to “strong-buy” — these research actions support further upside and likely contributed to buying interest. Benzinga
• Positive Sentiment: Guidance detail: Q4 EPS guidance of $1.35–1.45 and FY26 EPS of $7.25–7.35 (and revenue guidance toward $2.2–$2.3B) show management expects continued growth — guidance raise seen as confirmation the holiday strength is sustainable. Business Wire: Q3 Financial Results
• Neutral Sentiment: Wider coverage & investor materials: Multiple outlets ran earnings snapshots and the company posted its earnings call transcript and slide deck — useful for investors doing deeper diligence but less likely to move price alone. Seeking Alpha: Earnings Call Transcript
• Neutral Sentiment: Market reaction context: Several headlines note shares surged after the report; elevated volume suggests institutional interest — watch next-day trading and whether upgrades/earnings momentum sustain the move. Investing.com: Shares Surge as Holiday Sales Drive Earnings Beat

Institutional Trading of Boot Barn

Several hedge funds have recently made changes to their positions in BOOT. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Boot Barn during the 3rd quarter valued at approximately $49,000. Johnson Financial Group Inc. acquired a new position in shares of Boot Barn during the 3rd quarter worth $60,000. Smartleaf Asset Management LLC grew its stake in Boot Barn by 33.1% in the 2nd quarter. Smartleaf Asset Management LLC now owns 848 shares of the company’s stock valued at $131,000 after acquiring an additional 211 shares during the last quarter. United Services Automobile Association purchased a new position in Boot Barn during the 1st quarter valued at about $209,000. Finally, Corient Private Wealth LLC acquired a new position in Boot Barn during the second quarter worth about $221,000.

About Boot Barn

Boot Barn, Inc is a leading specialty retailer focused on western and work-related footwear, apparel and accessories. The company operates full-price and outlet retail stores under the Boot Barn and BootBarn.com brands, offering a wide assortment of cowboy boots, work boots, casual and fashion footwear, western and work apparel, hats, belts and related accessories. In addition to its brick-and-mortar network, Boot Barn maintains an e-commerce platform to serve customers seeking ranch-and-rodeo style clothing and rugged workwear from coast to coast.

Founded in 1978 in Southern California, Boot Barn began as a single store catering to ranchers, farmworkers and western enthusiasts.