Boot Barn Q4 sales growth tops estimates on strong demand

Boot Barn Holdings

14/05/2026 21:13

Overview

U.S. western apparel retailer's Q4 sales grew 19%, beating analyst expectations

Q4 adjusted EPS rose to $1.45, driven by higher sales and new store openings

Company repurchased $50 mln of shares during fiscal yr under buyback program

Outlook

Boot Barn sees fiscal 2027 sales of $2.578 bln to $2.623 bln

Company expects fiscal 2027 net income per diluted share of $8.21 to $8.64

Boot Barn expects Q1 sales of $574 mln to $584 mln and EPS of $1.62 to $1.71

Result Drivers

NEW STORE OPENINGS - Incremental sales from 25 new stores contributed to Q4 net sales growth

SAME STORE SALES GROWTH - Q4 same store sales rose 6.1%, with retail up 5.2% and e-commerce up 14.1%

HIGHER SG&A EXPENSES - SG&A expenses increased due to higher payroll, store-related, and marketing costs from operating more stores

Company press release: ID:nBw9wgKT7a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$538.8 mln
$532.84 mln (16 Analysts)
Q4 EPS
$1.45
Q4 Net Income
$44.4 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the apparel & accessories retailers peer group is "buy"

Wall Street's median 12-month price target for Boot Barn Holdings Inc is $225.00, about 54.9% above its May 13 closing price of $145.24

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 22 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)