Boot Barn Holdings Inc is a leading retailer specializing in Western and work-related apparel, footwear, and accessories
The company offers a wide range of high-quality products catering to the lifestyle of those who live, work, and play in the Western United States. With a focus on providing a unique shopping experience, Boot Barn features both well-known national brands and its own private label merchandise. The company also emphasizes customer service and community engagement, making it a go-to destination for individuals seeking authentic Western wear and gear.
Retailers are evolving to meet the expectations of modern, tech-savvy shoppers. Still, secular trends are working against their favor as e-commerce continues to take share from brick and mortars.
This puts retail stocks in a tough spot, and over the past six months, the industry has pulled back by 13.4%. This drop was much worse than the S&P 500’s 2% fall.
Boot Barn has gotten torched over the last six months - since September 2024, its stock price has dropped 33.7% to $102.45 per share. This might have investors contemplating their next move.
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will be reporting earnings tomorrow after market close. Here’s what investors should know.
Clothing and footwear retailer Boot Barn (NYSE:BOOT) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 16.9% year on year to $608.2 million. The company expects next quarter’s revenue to be around $455.5 million, close to analysts’ estimates. Its GAAP profit of $2.43 per share was 0.8% above analysts’ consensus estimates.
Boot Barn Holdings, Inc. (NYSE: BOOT) (the “Company”) today announced its financial results for the third fiscal quarter ended December 28, 2024. A Supplemental Financial Presentation is available at investor.bootbarn.com.
