Boot Barn (NYSE:BOOT) Releases FY 2026 Earnings Guidance

Boot Barn (NYSE:BOOT) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 7.250-7.350 for the period, compared to the consensus EPS estimate of 7.320. The company issued revenue guidance of $2.2 billion-$2.3 billion, compared to the consensus revenue estimate of $2.2 billion. Boot Barn also updated its Q4 2026 guidance to 1.350-1.450 EPS.

Boot Barn Price Performance

BOOT stock traded up $1.98 during mid-day trading on Wednesday, reaching $183.80. The company had a trading volume of 1,191,702 shares, compared to its average volume of 765,562. Boot Barn has a 52 week low of $86.17 and a 52 week high of $210.25. The company has a market capitalization of $5.60 billion, a price-to-earnings ratio of 27.19, a PEG ratio of 1.36 and a beta of 1.67. The stock has a 50 day simple moving average of $190.88 and a two-hundred day simple moving average of $182.23.

Boot Barn (NYSE:BOOT) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $2.79 earnings per share for the quarter, topping analysts’ consensus estimates of $2.56 by $0.23. Boot Barn had a return on equity of 18.11% and a net margin of 10.05%.The firm had revenue of $705.64 million for the quarter, compared to the consensus estimate of $700.71 million. 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. On average, equities analysts predict that Boot Barn will post 5.82 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Citigroup boosted their price target on Boot Barn from $225.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, January 16th. Weiss Ratings reissued a “hold (c+)” rating on shares of Boot Barn in a research report on Wednesday, January 21st. JPMorgan Chase & Co. boosted their target price on Boot Barn from $276.00 to $282.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. Piper Sandler increased their price target on Boot Barn from $220.00 to $229.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Finally, Seaport Research Partners lowered Boot Barn from a “strong-buy” rating to a “hold” rating in a report on Monday, October 27th. Eleven analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Boot Barn presently has an average rating of “Moderate Buy” and an average price target of $206.08.

Insider Buying and Selling

In other news, Director Gene Eddie Burt sold 1,200 shares of the firm’s stock in a transaction dated Monday, December 1st. The shares were 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 approximately $638,926.58. This trade represents a 26.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.66% of the stock is owned by insiders.

Institutional Investors Weigh In On Boot Barn

Several large investors have recently bought and sold shares of BOOT. Caitong International Asset Management Co. Ltd bought a new position in shares of Boot Barn during the 3rd quarter valued at $49,000. Johnson Financial Group Inc. bought a new position in Boot Barn in the 3rd quarter worth $60,000. Smartleaf Asset Management LLC grew its position in shares of Boot Barn by 33.1% during the second quarter. Smartleaf Asset Management LLC now owns 848 shares of the company’s stock worth $131,000 after purchasing an additional 211 shares in the last quarter. United Services Automobile Association bought a new position in shares of Boot Barn during the 1st quarter valued at about $209,000. Finally, Corient Private Wealth LLC purchased a new position in shares of Boot Barn during the second quarter valued at about $221,000.

Boot Barn Company Profile

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.