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

Boot Barn (NYSE:BOOT) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 5.500-6.400 for the period, compared to the consensus EPS estimate of 6.240. The company issued revenue guidance of $2.1 billion-$2.2 billion, compared to the consensus revenue estimate of $2.2 billion. Boot Barn also updated its Q1 2026 guidance to 1.440-1.520 EPS.

Analyst Ratings Changes

A number of analysts recently weighed in on BOOT shares. Bank of America upped their target price on shares of Boot Barn from $187.00 to $192.00 and gave the stock a “buy” rating in a research note on Wednesday, January 15th. JPMorgan Chase & Co. increased their price objective on shares of Boot Barn from $200.00 to $209.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. Craig Hallum upgraded shares of Boot Barn from a “hold” rating to a “buy” rating and set a $130.00 price objective on the stock in a report on Wednesday, April 23rd. Stephens began coverage on shares of Boot Barn in a research note on Wednesday, April 9th. They set an “overweight” rating and a $100.00 target price for the company. Finally, KeyCorp dropped their target price on Boot Barn from $190.00 to $165.00 and set an “overweight” rating on the stock in a report on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Boot Barn has an average rating of “Moderate Buy” and a consensus price target of $165.85.

Boot Barn Stock Performance

Boot Barn stock opened at $135.15 on Thursday. The company has a market capitalization of $4.13 billion, a P/E ratio of 24.13, a PEG ratio of 1.17 and a beta of 1.59. Boot Barn has a fifty-two week low of $86.17 and a fifty-two week high of $176.64. The stock has a 50-day simple moving average of $104.90 and a 200-day simple moving average of $129.88.

Boot Barn (NYSE:BOOT) last issued its quarterly earnings data on Wednesday, May 14th. The company reported $1.22 earnings per share for the quarter, missing analysts’ consensus estimates of $1.24 by ($0.02). The firm had revenue of $453.75 million during the quarter, compared to analysts’ expectations of $458.56 million. Boot Barn had a net margin of 9.36% and a return on equity of 17.11%. As a group, analysts forecast that Boot Barn will post 5.82 earnings per share for the current year.

Boot Barn announced that its Board of Directors has approved a share repurchase plan on Wednesday, May 14th that allows the company to repurchase $200.00 million in shares. This repurchase authorization allows the company to repurchase up to 4.8% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board believes its shares are undervalued.

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.