Boot Barn Beats on Q2 EPS, Adds $400M to Buyback, Reaffirms FY27 Growth
BOOT is trading near its 52-week low of $110.53 (2.5% above the low).
Summary
Boot Barn reported Q2 FY27 EPS of $1.73, up 26.3%, on 15.1% sales growth, and added $400 million to its share repurchase program. FY27 EPS guidance of $8.72-$9.00 stands, but Q3 same store sales guidance of -1.0% to 1.0% points to a slowdown, with Q3 EPS guided to $3.03-$3.19 on sales of $785 million to $802 million.
Updated with a Dow Jones Newswires report · What changed
Updates
· Dow Jones Newswires — Boot Barn's Q2 same-store sales rose 1.4%, and it guides Q3 EPS to $3.03-$3.19 on sales of $785 million to $802 million.
Key Events · Earnings and Guidance · BOOT
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Updated · · Dow Jones Newswires
Q3 Same Store Sales Seen Flat to Down
Q3 FY27 guidance projects consolidated same store sales of negative 1.0% to positive 1.0% and EPS of $3.03 to $3.19 on sales of $785 million to $802 million, a deceleration from the 1.4% same store sales growth just reported.
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Q2 EPS Up 26.3% to $1.73
Net sales rose 15.1% to $581.8 million, and diluted EPS rose 26.3% to $1.73 from $1.37. Excluding an estimated $0.05 per share tariff refund benefit, EPS grew 22.6%.
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Buyback Raised by $400 Million
On October 21, 2026, the board authorized an additional $400 million under the existing repurchase program, leaving approximately $468 million available. The company bought back $35 million of stock in Q2 and $60 million in the first half.
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FY27 EPS Guidance $8.72-$9.00
Full-year guidance calls for net sales of $2.565 billion to $2.593 billion (14%-15% growth), 75-80 new stores versus the prior 70 plan, and EPS of $8.72 to $9.00, including a $0.45 tariff refund benefit.
Analysis · BOOT · Trade & Services
The headline for shareholders is the board's October 21 authorization of an additional $400 million for the existing repurchase program, leaving roughly $468 million available. That is meaningful support for a stock trading near its 52-week low of $110.53, and it comes alongside FY27 EPS guidance of $8.72 to $9.00. For the quarter, diluted EPS came in at $1.73, up 26.3% from $1.37, on net sales of $581.8 million, up 15.1%. Results included $2.2 million of tariff refunds worth about $0.05 per share; excluding those, EPS still grew 22.6%. The offset is Q3 guidance calling for same store sales of negative 1.0% to positive 1.0%, a sharp slowdown from the 1.4% just reported, with Q3 EPS guided to $3.03 to $3.19 on sales of $785 million to $802 million.
How filings like this one have moved
In the 30 days to Oct 29, 2026, 31% of the 1656 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.01%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BOOT was trading at $113.30 on NYSE in the Trade & Services sector, with a market capitalization of approximately $3.4B. The 52-week trading range was $110.53 to $210.25. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.