This summary was created by AI, based on 1 opinions in the last 12 months.
Boot Barn Holdings has demonstrated a significant expansion in its retail footprint, increasing from 86 stores in 2012 to 382 stores last year, with a target of reaching 900 locations by 2030. Despite a hiccup in same-store sales, which declined by 9.7% last quarter, the overall net sales have shown a 1% increase due to the addition of 11 new stores. There is a strong belief among analysts that the company has hit the bottom of its comparable store sales, suggesting a potential turnaround ahead. The stock has rallied impressively, up 38% since the last quarter, and currently trades at a price-to-earnings ratio of 20, indicating a reasonable valuation in the competitive retail sector. These factors position Boot Barn as a compelling opportunity for investors looking for growth in the specialized retail market.
It has gotten too cheap. It still has fine growth prospects.
Boot Barn Holdings is a American stock, trading under the symbol BOOT-N on the New York Stock Exchange (BOOT). It is usually referred to as NYSE:BOOT or BOOT-N
In the last year, 1 stock analyst published opinions about BOOT-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Boot Barn Holdings.
Boot Barn Holdings was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Boot Barn Holdings.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Boot Barn Holdings In the last year. It is a trending stock that is worth watching.
On 2025-03-06, Boot Barn Holdings (BOOT-N) stock closed at a price of $116.69.
They steadily grow their footprint, from 86 stores in 2012 to 382 last year. The company projects 900 by 2030. Same-store sales were down last quarter 9.7%, but because they opened 11 more stores, net sales were up 1%. HE think they've hit the bottom of their comps. Shares have rallied 38% since the last quarter. Trades at only 20x PE.