Research Analysts Set Expectations for Boot Barn Q1 Earnings

Boot Barn Holdings, Inc. (NYSE:BOOT) – Seaport Res Ptn issued their Q1 2026 earnings estimates for Boot Barn in a note issued to investors on Wednesday, May 14th. Seaport Res Ptn analyst M. Kummetz forecasts that the company will post earnings per share of $1.52 for the quarter. The consensus estimate for Boot Barn’s current full-year earnings is $5.82 per share. Seaport Res Ptn also issued estimates for Boot Barn’s Q2 2026 earnings at $1.13 EPS, Q3 2026 earnings at $2.46 EPS and FY2028 earnings at $8.36 EPS.

Boot Barn (NYSE:BOOT) last announced its earnings results on Wednesday, May 14th. The company reported $1.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.24 by ($0.02). The business had revenue of $453.75 million for the quarter, compared to analysts’ expectations of $458.56 million. Boot Barn had a return on equity of 17.11% and a net margin of 9.36%.

A number of other equities analysts have also issued reports on BOOT. Bank of America raised their target price on shares of Boot Barn from $160.00 to $173.00 and gave the stock a “buy” rating in a research report on Thursday. KeyCorp decreased their price target on Boot Barn from $190.00 to $165.00 and set an “overweight” rating for the company in a report on Tuesday, April 29th. Craig Hallum raised Boot Barn from a “hold” rating to a “buy” rating and set a $130.00 price target for the company in a report on Wednesday, April 23rd. StockNews.com downgraded Boot Barn from a “hold” rating to a “sell” rating in a report on Monday, February 17th. Finally, Citigroup increased their price target on Boot Barn from $137.00 to $180.00 and gave the stock a “buy” rating in a report on Friday. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Boot Barn has an average rating of “Moderate Buy” and a consensus price target of $170.62.

Boot Barn Trading Up 1.3%

Shares of BOOT opened at $156.99 on Friday. The firm has a market cap of $4.80 billion, a PE ratio of 28.03, a price-to-earnings-growth ratio of 1.17 and a beta of 1.59. The company’s 50 day simple moving average is $107.05 and its 200-day simple moving average is $130.04. Boot Barn has a 12-month low of $86.17 and a 12-month high of $176.64.

Boot Barn declared that its board has initiated a stock repurchase program on Wednesday, May 14th that permits the company to buyback $200.00 million in shares. This buyback authorization permits the company to reacquire up to 4.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

Institutional Investors Weigh In On Boot Barn

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Boot Barn by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 3,409,865 shares of the company’s stock valued at $517,686,000 after acquiring an additional 73,089 shares during the period. FMR LLC lifted its holdings in Boot Barn by 47.3% in the fourth quarter. FMR LLC now owns 2,211,300 shares of the company’s stock valued at $335,720,000 after acquiring an additional 709,903 shares during the period. Wellington Management Group LLP raised its stake in shares of Boot Barn by 48.6% during the 4th quarter. Wellington Management Group LLP now owns 2,161,052 shares of the company’s stock worth $328,091,000 after buying an additional 706,518 shares during the last quarter. Capital Research Global Investors raised its stake in shares of Boot Barn by 32.6% during the 4th quarter. Capital Research Global Investors now owns 1,141,821 shares of the company’s stock worth $173,351,000 after buying an additional 280,892 shares during the last quarter. Finally, Invesco Ltd. raised its stake in shares of Boot Barn by 24.8% during the 1st quarter. Invesco Ltd. now owns 903,453 shares of the company’s stock worth $97,058,000 after buying an additional 179,710 shares during the last quarter.

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.