Boot Barn jumps as earnings beat and buyback boost sentiment

Boot Barn Holdings (BOOT) is up 15.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to a better-than-feared quarterly report and a large expansion of the company’s share repurchase program. Even though management lowered parts of its full-year outlook, investors may be focusing on solid profit growth, positive same-store sales, and the added buyback support after a weak run in the stock.

Details:

Boot Barn posted fiscal second-quarter net sales of $581.8 million, up 15.1% from a year earlier, while consolidated same-store sales rose 1.4%.

Diluted earnings per share increased to $1.68 from $1.33, helped by stronger merchandise margins and continued store growth.

The board authorized an additional $400 million under the existing share repurchase program, materially increasing capacity for future buybacks.

Management updated fiscal 2027 guidance to sales of about $2.565 billion to $2.593 billion and EPS of about $8.72 to $9.00, while also raising its store-opening target to 75 to 80 locations.

Sources:

Boot Barn, SEC, Nasdaq

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$BOOT Insider Trading Activity

$BOOT insiders have traded $BOOT stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $BOOT stock by insiders over the last 6 months:

JONATHON DAVID KOSOFF (CHIEF DIGITAL OFFICER) sold 230 shares for an estimated $36,871

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$BOOT Hedge Fund Activity

We have seen 236 institutional investors add shares of $BOOT stock to their portfolio, and 223 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

MARSHALL WACE, LLP added 498,177 shares (+145.3%) to their portfolio in Q2 2026, for an estimated $81,835,535
FULLER & THALER ASSET MANAGEMENT, INC. removed 459,981 shares (-99.7%) from their portfolio in Q2 2026, for an estimated $75,561,078
INVESCO LTD. removed 424,388 shares (-43.3%) from their portfolio in Q2 2026, for an estimated $69,714,216
JUNTO CAPITAL MANAGEMENT LP removed 404,806 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $66,497,481
BANK OF AMERICA CORP /DE/ removed 389,225 shares (-59.4%) from their portfolio in Q2 2026, for an estimated $63,937,990
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 386,018 shares (+391.1%) to their portfolio in Q2 2026, for an estimated $63,411,176
BLACKROCK, INC. added 371,962 shares (+7.8%) to their portfolio in Q2 2026, for an estimated $61,102,197

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$BOOT Congressional Stock Trading

Members of Congress have traded $BOOT stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $BOOT stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 06/30.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$BOOT Analyst Ratings

Wall Street analysts have issued reports on $BOOT in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

BTIG issued a "Buy" rating on 05/15/2026

To track analyst ratings and price targets for $BOOT, check out Quiver Quantitative's $BOOT forecast page.

$BOOT Price Targets

Multiple analysts have issued price targets for $BOOT recently. We have seen 6 analysts offer price targets for $BOOT in the last 6 months, with a median target of $225.5.

Here are some recent targets:

Max Rakhlenko from TD Cowen set a target price of $225.0 on 06/04/2026
Janine Stichter from BTIG set a target price of $235.0 on 05/15/2026
Jonathan Komp from Baird set a target price of $225.0 on 05/15/2026
Peter Keith from Piper Sandler set a target price of $226.0 on 05/15/2026
Jason Haas from B of A Securities set a target price of $206.0 on 05/15/2026
Jay Sole from UBS set a target price of $272.0 on 05/15/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.