Boot Barn (NYSE:BOOT – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.18, Briefing.com reports. Boot Barn had a return on equity of 16.84% and a net margin of 8.82%. The firm had revenue of $423.40 million for the quarter, compared to analysts’ expectations of $415.04 million. During the same quarter in the prior year, the firm earned $1.11 EPS. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year.
Boot Barn Stock Up 1.6 %
Shares of NYSE BOOT traded up $2.17 during trading hours on Friday, reaching $133.88. 919,647 shares of the stock traded hands, compared to its average volume of 816,174. The company has a market capitalization of $4.07 billion, a P/E ratio of 27.89 and a beta of 2.09. Boot Barn has a 52-week low of $66.73 and a 52-week high of $137.48. The company’s 50-day simple moving average is $127.00 and its two-hundred day simple moving average is $106.40.
Insider Activity at Boot Barn
In related news, Director Brenda I. Morris sold 1,500 shares of the firm’s stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $110.11, for a total transaction of $165,165.00. Following the transaction, the director now directly owns 4,546 shares of the company’s stock, valued at approximately $500,560.06. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, insider Michael A. Love sold 5,653 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $113.61, for a total transaction of $642,237.33. Following the transaction, the insider now directly owns 2,327 shares of the company’s stock, valued at approximately $264,370.47. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Brenda I. Morris sold 1,500 shares of the firm’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $110.11, for a total value of $165,165.00. Following the transaction, the director now directly owns 4,546 shares in the company, valued at $500,560.06. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,795 shares of company stock valued at $1,329,686. Corporate insiders own 2.20% of the company’s stock.
Wall Street Analyst Weigh In
Read Our Latest Analysis on BOOT
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.
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