Boot Barn Q1 Sales Surge 17.7%, Guidance Raised on E-Commerce and Tariff Refunds
BOOT is trading near its 52-week low of $133.18 (11% above the low).
Summary
Boot Barn delivered a strong fiscal Q1 with sales of $593.5M, beating the $583.17M consensus, driven by 13.4% e-commerce same-store sales growth and 27 new stores. Net income reached $70.1M, or $2.29 per share, boosted by a $14.7M tariff refund that lowered cost of goods sold. The company raised its full-year outlook, now projecting FY27 sales of $2.58B-$2.63B (up 14-16%) and EPS of $8.80-$9.23, both above prior implied ranges. Share repurchases of $25M in the quarter signal confidence in the stock. This follows the record FY26 results and $50M buyback disclosed in May, showing sustained momentum. The tariff refund is a one-time benefit, but core operating trends remain robust with accelerating e-commerce and unit growth.
At the time of this announcement, BOOT was trading at $147.98 on NYSE in the Trade & Services sector, with a market capitalization of approximately $4.6B. The 52-week trading range was $133.18 to $210.25. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.