About Boot Barn Holdings, Inc. Common Stock (BOOT)
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. Read More
Retail sector momentum is building as some global brands show improving visibility, while diversified specialty retailers benefit from operational gains and product mix strength.
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.
Intimatewear and beauty retailer Victoria’s Secret (NYSE:VSCO)
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.
