Boot Barn Posts Q2 FY27 Results, Adds $400M to Buyback
BOOT is trading near its 52-week low of $110.53 (2.5% above the low).
Summary
Boot Barn released second-quarter fiscal 2027 results showing EPS of $1.73, up 26%, and same-store sales up 1.4%, and authorized an additional $400 million under its share repurchase program. The results land after the September 14 8-K, which told investors to expect Q2 sales and EPS at the high end of guidance — so the bar was already set high and the actual figures are the only new information. Looking ahead, the company guides third-quarter EPS to $3.03 to $3.19 on sales of $785 million to $802 million, and full-year net income to $263.6 million to $272 million. The buyback expansion is meaningful for a stock trading near its 52-week low of $110.53 against a $210.25 high, with a market cap around $3.4 billion; $400 million is a large authorization relative to that size and gives management real firepower to support the shares. The company has been an active repurchaser, buying back $37.5 million in Q3 FY26 and $50 million in fiscal 2026.
At the time of this announcement, 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 news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.