Boot Barn jumps after Q4 results, $200 mln share buyback plans

Boot Barn Holdings

15/05/2025 13:52

** Shares of footwear and apparel retailer Boot Barn BOOT.N jump almost 13% premarket to $132.84 after Q4 results, $200 mln share buyback program

** Co forecasts FY 2026 EPS between $5.50 to $6.40 vs analyst's estimates of $6.19 - LSEG data

** BOOT reports FY25 same-store sales increase of 5.5%

** BofA raises PT due to improving sales trends and better-than-expected tariff mitigation strategies

** J.P. Morgan cuts PT, but retains "overweight" rating

** Brokerage says management choosing not to raise prices on estimated $8 mln tariff headwind on exclusive brands could lead to "outsized market share gains"

** 14 out of 15 analysts rate stock as "buy" or higher, one "hold"; median PT is $160

** As of last close, BOOT down 12.5% YTD vs. S&P Composite 1500 Specialty Retail index's .SPCOMSPR decline of 2.4%

(Reporting by Twesha Dikshit)

((Twesha.Dikshit@thomsonreuters.com))