Boot Barn (BOOT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Boot Barn Holdings, Inc.'s Q2 2025 earnings showed a positive 5% same-store sales growth, reversing a previous weaker trend, and guiding for similar performance in Q3. Despite strong earnings, Boot Barn's stock fell 20% due to the CEO's departure to Ross Stores, adding transition and execution risks. Margins saw only a slight improvement, with gross margins up 10bps but SG&A deleveraging by 100bps due to compensation and legal expenses.
Shares of Boot Barn are tumbling after the surprise departure of its CEO. Investors shouldn't walk away.
The business is doing well, but it's looking for a new leader.
Boot Barn's Q2 revenues and earnings surpass estimates and increase year over year. The company expands its footprint by opening 15 new stores.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Boot Barn Holdings, Inc. (NYSE:BOOT ) Q2 2025 Earnings Conference Call October 28, 2024 4:30 PM ET Company Participants Mark Dedovesh - Senior Vice President, Investor Relations and Finance Jim Conroy - President and Chief Executive Officer John Hazen - Chief Digital Officer Jim Watkins - Chief Financial Officer Conference Call Participants Matthew Boss - JPMorgan Peter Keith - Piper Sandler Steven Zaccone - Citi Max Rakhlenko - TD Cowen Janine Stichter - BTIG Jay Sole - UBS Alex Conway - Baird Sam Poser - Williams Jeremy Hamblin - Craig-Hallum Capital Group Operator Good day, everyone, and welcome to the Boot Barn Holdings, Incorporated Second Quarter 2025 Earnings Call. As a reminder, this call is being recorded.
While the top- and bottom-line numbers for Boot Barn (BOOT) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Boot Barn (BOOT) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.91 per share a year ago.
Western-themed retail chain Boot Barn Holdings Inc. on Monday said its chief executive would be leaving next month, while forecasting better sales and profits for the full year.
I am always on the lookout for the next big thing. Recently, it has been retail outfits which have tickled my fancy.
Boot Barn (BOOT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.