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

Boot Barn (NYSE:BOOT) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 5.500-6.400 for the period, compared to the consensus 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.

Analysts Set New Price Targets

BOOT has been the topic of a number of recent analyst reports. Piper Sandler set a $162.00 price target on shares of Boot Barn in a research note on Friday, April 25th. Craig Hallum upgraded Boot Barn from a “hold” rating to a “buy” rating and set a $130.00 target price on the stock in a research report on Wednesday, April 23rd. JPMorgan Chase & Co. increased their target price on Boot Barn from $200.00 to $209.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. StockNews.com downgraded Boot Barn from a “hold” rating to a “sell” rating in a research note on Monday, February 17th. Finally, UBS Group dropped their price objective on Boot Barn from $210.00 to $200.00 and set a “buy” rating on the stock in a report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Boot Barn currently has a consensus rating of “Moderate Buy” and an average target price of $165.85.

Boot Barn Stock Performance

Boot Barn stock opened at $135.15 on Thursday. Boot Barn has a fifty-two week low of $86.17 and a fifty-two week high of $176.64. The firm has a market capitalization of $4.13 billion, a price-to-earnings ratio of 24.13, a price-to-earnings-growth ratio of 1.17 and a beta of 1.59. The stock’s fifty day moving average is $104.90 and its two-hundred day moving average is $129.88.

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

Boot Barn declared that its Board of Directors has initiated a stock buyback program on Wednesday, May 14th that authorizes the company to buyback $200.00 million in shares. This buyback authorization authorizes the company to purchase up to 4.8% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its stock is 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.