Boot Barn (NYSE:BOOT) Issues Q2 2027 Earnings Guidance

Boot Barn (NYSE:BOOT) issued an update on its second quarter 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 1.650-1.650 for the period, compared to the consensus EPS estimate of 1.620. The company issued revenue guidance of $582.0 million-$582.0 million, compared to the consensus revenue estimate of $581.8 million.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. TD Cowen reduced their price objective on Boot Barn from $225.00 to $190.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. UBS Group set a $225.00 target price on shares of Boot Barn in a report on Wednesday, June 17th. Zacks Research raised shares of Boot Barn from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. BTIG Research reaffirmed a “buy” rating and issued a $215.00 target price on shares of Boot Barn in a research report on Tuesday. Finally, Robert W. Baird set a $212.00 price target on shares of Boot Barn in a research note on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $219.55.

Boot Barn Trading Down 4.2%

NYSE BOOT opened at $123.03 on Thursday. The firm has a market capitalization of $3.73 billion, a P/E ratio of 15.57, a price-to-earnings-growth ratio of 0.83 and a beta of 1.70. The firm’s fifty day moving average price is $154.73 and its two-hundred day moving average price is $159.72. Boot Barn has a 1 year low of $122.46 and a 1 year high of $210.25.

Boot Barn (NYSE:BOOT) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $2.29 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.60. Boot Barn had a net margin of 10.35% and a return on equity of 18.78%. The company had revenue of $593.51 million during the quarter, compared to the consensus estimate of $583.15 million. During the same quarter last year, the firm posted $1.74 EPS. The company’s quarterly revenue was up 17.7% on a year-over-year basis. Boot Barn has set its FY 2027 guidance at 8.800-9.230 EPS and its Q2 2027 guidance at 1.550-1.650 EPS. On average, research analysts anticipate that Boot Barn will post 9.18 EPS for the current fiscal year.

Trending Headlines about Boot Barn

Here are the key news stories impacting Boot Barn this week:

• Positive Sentiment: Boot Barn raised its second-quarter fiscal 2027 EPS guidance to $1.65, above the $1.62 consensus estimate. Revenue guidance of approximately $582.0 million also slightly exceeds expectations of $581.8 million, indicating continued demand resilience.
• Positive Sentiment: BTIG Research reiterated its Buy rating and maintained a $215 price target, implying substantial potential upside from recent trading levels. BTIG Research Reiterates Buy Rating for Boot Barn
• Positive Sentiment: Analysts highlighted e-commerce momentum, store-based fulfillment and expansion as drivers of comparable-sales growth. Demand from data-center construction and other industrial projects may also support sales of work and steel-toe boots. The data center construction boom is benefiting Boot Barn
• Neutral Sentiment: Boot Barn was included among analysts’ favored consumer-cyclical and apparel-retail stocks, with its omnichannel execution and differentiated Western-wear positioning standing out in a selective retail environment.
• Negative Sentiment: Shares recently reached a new one-year low and remain well below the 52-week high, signaling weak investor momentum. The stock is also trading below its 50-day and 200-day moving averages.
• Negative Sentiment: One recent analysis argued that BOOT looks expensive relative to its current earnings base. That valuation concern may be offsetting the modest guidance beat and positive analyst ratings, particularly as investors reassess consumer-spending and apparel-retail risks.

Boot Barn Company Profile

Boot Barn Holdings, Inc is a specialty retailer focused on Western and workwear products. The company sells a broad selection of footwear, clothing, accessories and related merchandise designed for customers interested in Western lifestyles, outdoor activities and occupational work.

Its product offerings include cowboy boots, work boots, jeans, shirts, jackets, hats, belts, jewelry and safety equipment. Boot Barn carries recognized third-party brands such as Ariat, Justin, Wrangler and Carhartt, along with private-label brands including Cody James, Shyanne, Hawx and Moonshine Spirit.

Founded in 1978 in Orange County, California, Boot Barn has expanded from a single store into a multichannel retailer operating physical stores and an e-commerce platform.