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

Boot Barn (NYSE:BOOT) updated its second quarter 2027 earnings guidance on Thursday. The company provided earnings per share 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.

Analyst Upgrades and Downgrades

Several research firms have recently commented on BOOT. UBS Group set a $225.00 target price on shares of Boot Barn in a report on Wednesday, June 17th. TD Cowen cut 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. BTIG Research restated a “buy” rating and set a $215.00 price objective on shares of Boot Barn in a research report on Tuesday. Robert W. Baird set a $212.00 target price on Boot Barn in a report on Thursday, July 30th. Finally, Weiss Ratings downgraded Boot Barn from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Boot Barn presently has an average rating of “Buy” and an average target price of $219.55.

Boot Barn Trading Down 4.2%

Boot Barn stock opened at $123.03 on Thursday. Boot Barn has a 12-month low of $122.46 and a 12-month high of $210.25. The firm has a 50-day moving average price of $154.73 and a 200-day moving average price of $159.72. The firm has a market capitalization of $3.73 billion, a PE ratio of 15.57, a price-to-earnings-growth ratio of 0.83 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, beating 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 for the quarter, compared to the consensus estimate of $583.15 million. During the same period in the prior year, the firm posted $1.74 EPS. The firm’s revenue was up 17.7% compared to the same quarter last year. 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, sell-side analysts predict that Boot Barn will post 9.18 earnings per share for the current fiscal year.

Boot Barn News Summary

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

• Positive Sentiment: Boot Barn’s e-commerce business is growing faster than its store base. Digital sales, store-based fulfillment and ongoing expansion are helping drive comparable-sales growth and support the company’s omnichannel strategy. Boot Barn’s E-Commerce Strength Boosts Comparable Sales Growth
• Positive Sentiment: The data-center construction boom is creating demand for work boots and other jobsite footwear, providing a potential incremental growth catalyst for Boot Barn. The Data Center Construction Boom Is Benefiting Boot Barn
• Positive Sentiment: BTIG reaffirmed its buy rating and maintained a $215 price target, implying substantial upside from recent trading levels. BTIG Reaffirms Buy Rating
• Neutral Sentiment: Boot Barn was included among analysts’ preferred consumer-cyclical picks and in several retail-apparel industry outlooks, highlighting its brand differentiation and omnichannel execution. Analysts’ Top Consumer Cyclical Picks
• Negative Sentiment: Shares reached a new one-year low, with the stock trading well below its 50-day and 200-day moving averages. The decline suggests ongoing investor concerns about valuation, consumer spending and the durability of future earnings growth. Boot Barn Hits New One-Year Low
• Negative Sentiment: One analysis argues that Boot Barn looks expensive relative to its current earnings base, likely weighing on the stock as investors demand stronger growth or improved valuation support. Boot Barn Stock Looks Pricey

About Boot Barn

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.