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

Key Points

• Boot Barn guided for Q2 2027 EPS of $1.65 and revenue of $582 million, slightly above analyst expectations of $1.62 EPS and $581.8 million in revenue. Full-year 2027 EPS guidance remains $8.80–$9.23.
• The company’s latest quarter exceeded estimates, with EPS of $2.29 and revenue of $593.5 million, while revenue increased 17.7% year over year. E-commerce growth, omnichannel fulfillment and demand from data-center construction are additional growth catalysts.
• Despite mostly positive analyst sentiment—with a consensus “Buy” rating and $219.55 price target—shares recently hit a new 52-week low of $122.46 and traded below key moving averages, reflecting concerns about valuation, consumer spending and earnings-growth durability.

Boot Barn (NYSE:BOOT - Get Free Report) updated its second quarter 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) 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.

Boot Barn Price Performance

BOOT stock opened at $123.03 on Thursday. The stock has a market capitalization of $3.73 billion, a P/E ratio of 15.57, a P/E/G ratio of 0.83 and a beta of 1.70. Boot Barn has a fifty-two week low of $122.46 and a fifty-two week high of $210.25. The business has a 50-day moving average of $154.73 and a 200-day moving average of $159.72.

Boot Barn (NYSE:BOOT - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $2.29 EPS for the quarter, topping 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 business had revenue of $593.51 million for the quarter, compared to analyst estimates of $583.15 million. During the same quarter in the previous year, the firm posted $1.74 earnings per share. The firm's revenue for the quarter 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. Equities analysts expect that Boot Barn will post 9.18 EPS for the current year.

Analyst Ratings Changes

Several research firms recently issued reports on BOOT. Weiss Ratings lowered Boot Barn from a "hold (c+)" rating to a "hold (c)" rating in a report on Tuesday, August 18th. TD Cowen lowered their target price on shares of Boot Barn from $225.00 to $190.00 and set a "buy" rating on the stock in a report on Thursday, July 30th. BTIG Research reaffirmed a "buy" rating and set a $215.00 price target on shares of Boot Barn in a research report on Tuesday. Zacks Research upgraded shares of Boot Barn from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 3rd. Finally, Robert W. Baird set a $212.00 price objective on shares of Boot Barn in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $219.55.

Key Headlines Impacting Boot Barn

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

• Positive Sentiment: Boot Barn’s e-commerce business is growing faster than its store base. Digital sales, store-based fulfillment and ongoing expansion are helping drive comparable-sales growth and support the company’s omnichannel strategy. Boot Barn's E-Commerce Strength Boosts Comparable Sales Growth
• Positive Sentiment: The data-center construction boom is creating demand for work boots and other jobsite footwear, providing a potential incremental growth catalyst for Boot Barn. The Data Center Construction Boom Is Benefiting Boot Barn
• Positive Sentiment: BTIG reaffirmed its buy rating and maintained a $215 price target, implying substantial upside from recent trading levels. BTIG Reaffirms Buy Rating
• Neutral Sentiment: Boot Barn was included among analysts’ preferred consumer-cyclical picks and in several retail-apparel industry outlooks, highlighting its brand differentiation and omnichannel execution. Analysts’ Top Consumer Cyclical Picks
• Negative Sentiment: Shares reached a new one-year low, with the stock trading well below its 50-day and 200-day moving averages. The decline suggests ongoing investor concerns about valuation, consumer spending and the durability of future earnings growth. Boot Barn Hits New One-Year Low
• Negative Sentiment: One analysis argues that Boot Barn looks expensive relative to its current earnings base, likely weighing on the stock as investors demand stronger growth or improved valuation support. Boot Barn Stock Looks Pricey

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.

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