The market's wild recovery on Wednesday afternoon was driven by President Donald Trump temporarily pausing tariff increases on countries all around the world, except China. A 10% blanket tariff will still be in place, but the bigger tariffs that were expected to hit countries like Vietnam, Cambodia, and Indonesia, where many shoes and kids toys are made, will be in place.
Boot Barn (BOOT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Stocks are plunging today on President Trump's announcement of a 10% blanket tariff on global imports and higher rates on most major trading partners last night.
Investors with an interest in Retail - Apparel and Shoes stocks have likely encountered both Boot Barn (BOOT) and Deckers (DECK). But which of these two stocks is more attractive to value investors?
EAT, BOOT, and GBX it to the Zacks Rank #1 (Strong Buy) growth stocks list on February 20, 2024.
EAT, BOOT, and GBX it to the Zacks Rank #1 (Strong Buy) growth stocks list on February 31, 2024.
EAT, KT and BOOT made it to the Zacks Rank #1 (Strong Buy) growth stocks list on February 13, 2025.
EAT, KT and BOOT made it to the Zacks Rank #1 (Strong Buy) growth stocks list on February 11, 2025.
PPC, EAT and BOOT made it to the Zacks Rank #1 (Strong Buy) growth stocks list on February 6, 2025.
BOOT, EAT and KT made it to the Zacks Rank #1 (Strong Buy) growth stocks list on February 4, 2025.
Boot Barn's rapid expansion and strong same-store sales growth support a promising long-term investment thesis, despite risks like store cannibalization and tariff pressures on margins. Q3 earnings showed impressive results with 16.9% YoY net sales growth, 8.6% same-store sales growth, and a significant improvement in operating income and gross profit margins. The company plans to open 60 new stores in fiscal 2025, aiming for a total of 900 stores, with a new store growth CAGR of 15%.
Boot Barn Holdings, Inc.'s Q3 2025 same-store sales rose 8.6%, showcasing strong retail performance despite easier comps from a weak 3Q24. Despite impressive results, BOOT stock is expensive, trading at nearly 30x earnings, making it difficult to justify a buy. The company faces potential future margin hits from increased tariffs and risks from rapid store expansion into less valuable areas.