Boot Barn has returned to incredibly rapid same-store sales growth despite continued industry weakness, exceeding prior expectations. The performance could still be temporary, aided by near-term fashion tailwinds. The rapid store expansion and margin initiatives have continued as planned, providing a good earnings growth outlook ahead. BOOT stock prices in too rapid growth, and I estimate -26% downside to a fair value of $118.8.
Investors with an interest in Retail - Apparel and Shoes stocks have likely encountered both Gap (GAP) and Boot Barn (BOOT). But which of these two stocks presents investors with the better value opportunity right now?
BOOT's preliminary Q3 results highlight same-store sales growth of 8.6%, with an 8.2% increase in retail store same-store sales.
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Boot Barn (BOOT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
With the S&P 500 Small-Cap Stock Index (SML) underperforming the S&P 500 Large-Cap Index (SPX) by -2.49% in December as of Monday's market close, now is the time to make some of your most important stock purchase decisions. That's because January and the storied “January Effect” are approaching.
Shares of Boot Barn Holdings, Inc. BOOT have rallied 26.5% in the past six months, capturing investor attention with its remarkable performance amid a competitive retail landscape. The stock has outperformed its industry, which saw a 2.7% decline and surpassed the S&P 500's 14.9% gain during the same period.
Investors need to pay close attention to Boot Barn (BOOT) stock based on the movements in the options market lately.
Investors were distracted from looking at the good financial results.
We're also talking about a niche grocer, growth at a reasonable price, and candy.
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Chipotle Mexican Grill and Fiserv.
Few investors like it when a long-serving chief executive suddenly departs.