It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
#1 (Strong Buy) stocks have produced an unmatched +23.8% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Boot Barn (BOOT - Free Report) Boot Barn Holdings, Inc. is the largest lifestyle retailer in the United States, specializing in western and work-related footwear, apparel, and accessories. Founded in 1978 and headquartered in Irvine, California, the company serves customers through an integrated network of brick-and-mortar stores and e-commerce platforms. At the end of the first quarter of fiscal 2027, Boot Barn operated 566 stores across 49 states and complemented its physical presence with a nationwide digital platform that supports services such as buy online, pick up in store, curbside pickup, ship-from-store and in-store returns.
BOOT is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.
Additionally, the company could be a top pick for growth investors. BOOT has a Growth Style Score of B, forecasting year-over-year earnings growth of 22.6% for the current fiscal year.
For fiscal 2027, six analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.46 to $9.01 per share. BOOT boasts an average earnings surprise of +11.4%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, BOOT should be on investors' short list.
Investors looking for stocks in the Retail - Apparel and Shoes sector might want to consider either Boot Barn (BOOT) or Industria de Diseno Textil SA (IDEXY). But which of these two stocks presents investors with the better value opportunity right now?
Key Takeaways BOOT's merchandise margin rose 220 basis points, aided by tariff refunds and stronger product margins.Strong work boot demand drove sales and attracted new customers despite lower exclusive-brand penetration.BOOT now expects full-year merchandise margin to expand about 60 basis points, excluding tariff refunds. Boot Barn Holdings, Inc.’s (BOOT - Free Report) merchandise margin delivered better-than-expected results in the first quarter of fiscal 2027, with merchandise margin exceeding guidance. Merchandise margin increased 220 basis points during the quarter, driven by a 250-basis-point benefit from tariff refunds and a 60-basis-point expansion in product margin, partly offset by a 90-basis-point headwind from lapping low freight expense in the prior-year period.
Exclusive brands remain an important contributor to merchandise margin expansion. However, stronger-than-expected performance in the work boots business, particularly across third-party brands, resulted in exclusive-brand penetration coming in below expectations during the quarter. Despite the lower exclusive-brand mix, stronger product margins enabled merchandise margin to outperform expectations.
The continued strength of Boot Barn’s work boots business represents a positive development, reflecting healthy customer demand and driving incremental sales. Management also noted that the category is attracting new customers to the Boot Barn brand while further strengthening its position as a leading destination for work boots. Importantly, despite the modest change in exclusive-brand penetration, management now expects full-year merchandise margin to expand by approximately 60 basis points, excluding tariff refunds.
At the high end of fiscal 2027 guidance, merchandise margin is expected to reach approximately 52.2% of sales, up 130 basis points year over year, supported by tariff refunds, product-margin expansion and freight improvement. For the second quarter of fiscal 2027, management expects 51.8% of sales, up 140 basis points year over year, reflecting freight improvement, tariff refunds and product-margin expansion.
Overall, strength of the work boots business and continued product-margin improvement support Boot Barn’s merchandise-margin outlook. Management also identified buying economies of scale, improved full-price selling, supply-chain efficiencies and sourcing initiatives as additional drivers supporting the full-year merchandise-margin outlook.
Zacks Rundown for BOOTBoot Barn’s shares have lost 4.9% in the past three months compared with the industry’s decline of 9.6%.
Image Source: Zacks Investment Research
From a valuation standpoint, Boot Barn trades at a forward price-to-earnings ratio of 16.21, higher than the industry’s average of 12.73. BOOT presently carries a Zacks Rank #2 (Buy).
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for BOOT’s current and next fiscal-year earnings implies year-over-year rallies of 22.6% and 10.5%, respectively.
Image Source: Zacks Investment Research
Other Stocks to ConsiderSome other top-ranked stocks have been discussed below:
Victoria’s Secret & Co. (VSXY - Free Report) operates as a specialty retailer of women's intimate apparel and other apparel and beauty products worldwide. At present, VSXY carries a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for VSXY’s current fiscal-year sales and earnings implies growth of 9.2% and 57.3%, respectively, from the year-ago figures. VSXY has delivered a trailing four-quarter earnings surprise of 48.9%, on average.
FIGS, Inc. (FIGS - Free Report) operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States and internationally. At present, FIGS carries a Zacks Rank of 2.
The Zacks Consensus Estimate for FIGS’s current fiscal-year sales and earnings implies growth of 18.2% and 89.5%, respectively, from the year-ago figures. FIGS has delivered a trailing four-quarter earnings surprise of 201.8%, on average.
Fossil Group, Inc. (FOSL - Free Report) designs, develops, markets, and distributes consumer fashion accessories in the United States, Europe, Asia, and internationally. At present, FOSL carries a Zacks Rank of 2.
The Zacks Consensus Estimate for FOSL’s current fiscal-year sales indicates a decline of 4%, while the same for earnings indicates growth of 96.7% from the year-ago figures. FOSL delivered a trailing four-quarter negative earnings surprise of 236.2%, on average.
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.8% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Boot Barn (BOOT - Free Report) Boot Barn Holdings, Inc. is the largest lifestyle retailer in the United States, specializing in western and work-related footwear, apparel, and accessories. Founded in 1978 and headquartered in Irvine, California, the company serves customers through an integrated network of brick-and-mortar stores and e-commerce platforms. At the end of the first quarter of fiscal 2027, Boot Barn operated 566 stores across 49 states and complemented its physical presence with a nationwide digital platform that supports services such as buy online, pick up in store, curbside pickup, ship-from-store and in-store returns.
BOOT is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.
It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 16.71; value investors should take notice.
Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2027. The Zacks Consensus Estimate has increased $0.46 to $9.01 per share. BOOT boasts an average earnings surprise of +11.4%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, BOOT should be on investors' short list.
Key Takeaways BOOT's work boots delivered high-single-digit comparable sales growth, its strongest pace in several years.Both Pull-On and Lace-Up styles grew, supported by new third-party brands and deeper product investments.Work apparel reached high-single-digit growth in July, with gains spanning both FR and non-FR products. Boot Barn Holdings, Inc. (BOOT - Free Report) reported continued acceleration in its work business following efforts to reinvigorate the category last year. The company improved in-store merchandising, increased its marketing focus on the work business and invested in key third-party brands to strengthen its assortment for work customers. Management cited these initiatives as part of the progress seen in the category.
The work boots business delivered high-single-digit comparable sales growth in the first quarter of fiscal 2027. This marked the fifth consecutive quarter of growth for the category and represented its strongest growth in the past few years. The performance also reflected the continued acceleration management has seen in the work business.
Management said that the high-single-digit growth in work boots was supported by both Pull-On and Lace-Up styles. Lace-Up boots performed more strongly, but growth was not limited to a single product type. Management also noted that the category's performance was not being driven by oil-related demand. New third-party brands and a broader assortment of successful products from existing third-party brands also supported the category.
The work apparel business continued to show improving momentum, with comparable sales strengthening over the last couple of quarters and reaching high-single-digit growth in July. Performance included both Flame Resistant (FR) and non-FR products, which management described as appearing broad-based across the work apparel assortment rather than being driven by a single product category.
Overall, Boot Barn's work category continued to demonstrate positive momentum, supported by changes to merchandising, marketing and product assortment, as well as resilient demand from its needs-based customers. Management also said it expects the strength in its third-party work boots business to continue, although the transcript does not provide a specific forecast for the future growth rate of the overall work category.
Zacks Rundown for BOOTBoot Barn’s shares have lost 8.8% in the past three months compared with the industry’s decline of 6.2%.
Image Source: Zacks Investment Research
From a valuation standpoint, Boot Barn trades at a forward price-to-earnings ratio of 16.29, higher than the industry’s average of 13.20. BOOT presently carries a Zacks Rank #2 (Buy).
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for BOOT’s current and next fiscal-year earnings implies year-over-year rallies of 22.6% and 10.5%, respectively.
Image Source: Zacks Investment Research
Other Stocks to ConsiderSome other top-ranked stocks have been discussed below:
Victoria’s Secret & Co. (VSXY - Free Report) operates as a specialty retailer of women's intimate apparel and other apparel and beauty products worldwide. At present, VSXY sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for VSXY’s current fiscal-year sales and earnings implies growth of 9.2% and 57%, respectively, from the year-ago figures. VSXY has delivered a trailing four-quarter earnings surprise of 81.9%, on average.
FIGS, Inc. (FIGS - Free Report) operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States and internationally. At present, FIGS carries a Zacks Rank of 2.
The Zacks Consensus Estimate for FIGS’s current fiscal-year sales and earnings implies growth of 18.2% and 89.5%, respectively, from the year-ago figures. FIGS has delivered a trailing four-quarter earnings surprise of 201.8%, on average.
Fossil Group, Inc. (FOSL - Free Report) designs, develops, markets, and distributes consumer fashion accessories in the United States, Europe, Asia, and internationally. At present, FOSL carries a Zacks Rank of 2.
The Zacks Consensus Estimate for FOSL’s current fiscal-year sales indicates a decline of 4%, while the same for earnings indicates growth of 96.7% from the year-ago figures. FOSL delivered a trailing four-quarter negative earnings surprise of 236.2%, on average.
A month has gone by since the last earnings report for Boot Barn (BOOT - Free Report) . Shares have added about 0.8% in that time frame, underperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Boot Barn due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important catalysts.
BOOT Q1 Earnings Beat on Store Growth & Tariff Refunds, View UpBoot Barn Holdings, Inc. reported first-quarter fiscal 2027 results, wherein both top and bottom lines surpassed the Zacks Consensus Estimate and increased year over year. The western and workwear retailer benefited from strong new-store productivity, same-store sales growth, robust e-commerce demand and merchandise margin expansion. Management also raised its fiscal 2027 outlook, reflecting confidence in continued execution despite a softer start to the second quarter.
The quarterly earnings of $2.29 per share beat the Zacks Consensus Estimate of $1.69 and increased 31.6% from $1.74 reported in the year-ago quarter. Net sales rose 17.7% year over year to $593.5 million, surpassing the Zacks Consensus Estimate of $582 million. Sales growth was driven by new-store expansion and positive comparable sales across both retail stores and e-commerce.
Stores and Digital Support Boot Barn's Sales GrowthConsolidated same-store sales increased 4.7% during the quarter. Retail store same-store sales rose 3.8%, supported by a 3% increase in average unit retail, while transactions remained approximately flat. E-commerce same-store sales jumped 13.4%, driven by double-digit growth at bootbarn.com, underscoring continued strength in the company's omnichannel strategy.
Boot Barn opened 27 new stores during the quarter compared with 14 in the prior-year period, ending the quarter with 566 stores across 49 states. Management continues to expect 70 new store openings in fiscal 2027 and reiterated its long-term opportunity to expand to approximately 1,200 U.S. locations. New locations are projected to generate average annual sales of about $3.2 million, with an investment payback period of less than two years.
Across merchandise categories, men's western boots posted mid-single-digit growth, while women's western boots declined at a mid-single-digit rate against difficult prior-year comparisons. Men's and women's apparel increased at a high-single-digit pace, led by double-digit denim growth. Work boots delivered high-single-digit growth, marking the category's fifth consecutive quarter of positive growth, aided by improved merchandising, stronger marketing support and investments in key third-party brands.
Boot Barn Expands Margins on Tariff BenefitsGross profit increased 21.6% to $239.9 million, with the gross margin expanding about 130 basis points to 40.4%. Merchandise margin expanded by 220 basis points, including a 250-basis-point benefit from $14.7 million of tariff refunds and 60 basis points of product-margin expansion. These gains were partly offset by a 90-basis-point freight headwind.
SG&A expenses rose 18.1% to $149.4 million and represented 25.2% of sales, up roughly 10 basis points. Operating income climbed 28% to $90.5 million, while the operating margin expanded to 15.3% from 14% in the prior-year quarter.
BOOT Maintains Financial FlexibilityOperating cash flow rose to $83.8 million from $73.9 million a year earlier. Capital expenditures increased to $51.1 million from $31.5 million as the retailer continued investing in its store base and infrastructure. The company expects capital expenditures, net of estimated landlord-tenant allowances, between $125 million and $130 million for fiscal 2027.
BOOT ended the quarter with $139.3 million in cash and no borrowings under its revolving credit facility. The company repurchased more than 158,451 shares for $25 million during the quarter. It also doubled its revolving credit capacity to $500 million and extended the facility’s maturity to 2031.
Boot Barn Raises Fiscal 2027 OutlookBacked by its better-than-expected first-quarter performance, Boot Barn raised its fiscal 2027 outlook. Management now expects earnings in the range of $8.80-$9.23 per share, up from the previous guidance of $8.21-$8.64, including an estimated 46-cent benefit from tariff refunds.
Total sales are projected to be between $2.580 billion and $2.625 billion, while consolidated same-store sales are expected to increase 2-4% for the year, with retail store same-store sales growth of 1-3% and e-commerce same-store sales growth of 11-13%. The company had earlier total sales in the band of $2.578-$2.623 billion.
The merchandise margin rate is now expected to reach approximately 52.2% of sales, up 130 basis points year over year. The expansion includes 70 basis points from tariff refunds, 50 basis points from product-margin improvement and 10 basis points from lower freight costs. BOOT forecasts gross profit between $993 million and $1,016 million, or approximately 38.5% to 38.7% of sales.
For the second quarter, Boot Barn expects net sales of $572-$582 million, suggesting year-over-year growth of 13-15%. Consolidated same-store sales are projected to range from flat to up 2%, with retail store same-store sales between down 1% and up 1% and e-commerce same-store sales growth of 10% to 12%. Management expects earnings in the range of $1.55-$1.65 per share, including an estimated 6-cent benefit from tariff refunds.
Boot Barn expects second-quarter merchandise margin between $297 million and $302 million, or approximately 51.8% of sales, up 140 basis points year over year. The outlook includes an estimated $2.4 million benefit from tariff refunds. Gross profit is projected in the range of $208-$213 million, implying about 36.3%-36.6% of sales.
Management noted that consolidated same-store sales were approximately flat during the first four weeks of the second quarter. The moderation reflected fewer Western lifestyle stadium events and concerts, along with temporary traffic disruptions tied to World Cup broadcasts. Despite the softer July performance, management said the consumer remained healthy, reaffirmed confidence in its outlook for the balance of the year and maintained that Boot Barn was well positioned to deliver another year of profitable growth.
How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in estimates revision.
VGM ScoresAt this time, Boot Barn has a nice Growth Score of B, though it is lagging a bit on the Momentum Score front with a C. Charting a somewhat similar path, the stock has a grade of B on the value side, putting it in the top 40% for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Boot Barn has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.
Key Takeaways BOOT's denim posted double-digit growth, leading the high-single-digit rise in apparel.The company moved core women's denim to the denim wall while highlighting premium styles upfront.Bootcut jeans remain dominant, while wider silhouettes represent a small part of women's denim sales. Boot Barn Holdings, Inc. (BOOT - Free Report) delivered strong momentum in its denim category during the first quarter of fiscal 2027, with denim posting double-digit growth and leading the high-single-digit increase in men's and ladies' apparel. The performance was particularly notable as the company was cycling exceptional denim growth from the prior year.
Against this backdrop, the company is making targeted changes to its denim merchandising, building on adjustments previously made to men's denim. With the Back-to-School floor set beginning in July, Boot Barn revised its women's denim presentation by moving basic core denim to the denim wall, while placing more premium styles upfront and remerchandising certain brands. The changes are designed to make core women's denim easier to locate for replenishment needs while creating more compelling product stories and highlighting more interesting styles on nesting tables and other fixtures.
Boot Barn also continues to see some shifts in denim silhouettes, although traditional bootcut jeans remain by far the dominant style. Management noted a modest move toward wider bootleg silhouettes among some Western retailers, but emphasized that these newer styles represent a very small portion of the women's denim business. Women's denim itself accounts for roughly 5% of Boot Barn's overall business. The merchandising changes therefore maintain a clear focus on core replenishment denim while giving greater visibility to premium styles and newer product stories. Bootcut jeans continue to account for the vast majority of denim sales, and newer silhouettes remain a small part of the women's denim business.
Overall, Boot Barn’s strong denim growth, continued dominance of core bootcut styles and targeted merchandising enhancements provide a solid foundation for maintaining category momentum, while selective fashion updates could further strengthen the customer appeal of its women’s denim assortment.
Zacks Rundown for BOOTBoot Barn’s shares have gained 7.1% in the past three months against the industry’s decline of 6.5%. BOOT presently carries a Zacks Rank #2 (Buy).
Image Source: Zacks Investment Research
From a valuation standpoint, Boot Barn trades at a forward price-to-earnings ratio of 17.44, higher than the industry’s average of 13.20.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for BOOT’s current and next fiscal-year earnings implies year-over-year rallies of 22.6% and 10.5%, respectively.
Image Source: Zacks Investment Research
Other Stocks to ConsiderSome other top-ranked stocks have been discussed below:
Victoria’s Secret & Co. (VSXY - Free Report) operates as a specialty retailer of women's intimate apparel and other apparel and beauty products worldwide. At present, VSXY sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for VSXY’s current fiscal-year sales and earnings implies growth of 9.1% and 56.7%, respectively, from the year-ago figures. VSXY has delivered a trailing four-quarter earnings surprise of 81.9%, on average.
FIGS, Inc. (FIGS - Free Report) operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States and internationally. At present, FIGS carries a Zacks Rank of 2.
The Zacks Consensus Estimate for FIGS’s current fiscal-year sales and earnings implies growth of 18.2% and 89.5%, respectively, from the year-ago figures. FIGS has delivered a trailing four-quarter earnings surprise of 201.8%, on average.
Fossil Group, Inc. (FOSL - Free Report) designs, develops, markets, and distributes consumer fashion accessories in the United States, Europe, Asia, and internationally. At present, FOSL carries a Zacks Rank of 2.
The Zacks Consensus Estimate for FOSL’s current fiscal-year sales indicates a decline of 4%, while the same for earnings indicates growth of 96.7% from the year-ago figures. FOSL delivered a trailing four-quarter negative earnings surprise of 236.2%, on average.
Callan Family Office LLC purchased a new position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,048 shares of the company’s stock, valued at approximately $1,815,000.
Several other hedge funds have also made changes to their positions in BOOT. Los Angeles Capital Management LLC acquired a new position in Boot Barn in the fourth quarter valued at $29,000. Caitong International Asset Management Co. Ltd acquired a new stake in Boot Barn in the 3rd quarter worth about $49,000. Danske Bank A S boosted its stake in Boot Barn by 200.0% in the 4th quarter. Danske Bank A S now owns 300 shares of the company’s stock worth $53,000 after buying an additional 200 shares during the last quarter. Allworth Financial LP purchased a new stake in Boot Barn in the 2nd quarter valued at about $57,000. Finally, Hantz Financial Services Inc. grew its holdings in Boot Barn by 284.1% in the 4th quarter. Hantz Financial Services Inc. now owns 338 shares of the company’s stock valued at $60,000 after buying an additional 250 shares during the period.
Wall Street Analyst Weigh In Several research analysts have recently weighed in on the stock. Weiss Ratings lowered shares of Boot Barn from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 18th. Stephens boosted their target price on shares of Boot Barn from $196.00 to $207.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Citigroup reaffirmed a “buy” rating on shares of Boot Barn in a research report on Monday, May 4th. Bank of America cut their price target on shares of Boot Barn from $224.00 to $206.00 and set a “buy” rating on the stock in a research note on Friday, May 15th. Finally, Robert W. Baird set a $212.00 price target on shares of Boot Barn in a report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $219.55.
Check Out Our Latest Analysis on BOOT Boot Barn Price Performance Boot Barn stock opened at $164.44 on Monday. The stock’s 50-day moving average is $161.33 and its 200-day moving average is $165.42. The company has a market cap of $4.98 billion, a price-to-earnings ratio of 20.82, a price-to-earnings-growth ratio of 1.07 and a beta of 1.71. Boot Barn Holdings, Inc. has a 12 month low of $133.18 and a 12 month high of $210.25.
Boot Barn (NYSE:BOOT – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $2.29 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.60. The business had revenue of $593.51 million for the quarter, compared to analyst estimates of $583.15 million. Boot Barn had a return on equity of 18.78% and a net margin of 10.35%.The company’s revenue was up 17.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.74 EPS. Boot Barn has set its FY 2027 guidance at 8.800-9.230 EPS and its Q2 2027 guidance at 1.550-1.650 EPS. Research analysts anticipate that Boot Barn Holdings, Inc. will post 9.18 EPS for the current year.
Boot Barn Company Profile (Free Report)
Boot Barn, Inc is a leading specialty retailer focused on western and work-related footwear, apparel and accessories. The company operates full-price and outlet retail stores under the Boot Barn and BootBarn.com brands, offering a wide assortment of cowboy boots, work boots, casual and fashion footwear, western and work apparel, hats, belts and related accessories. In addition to its brick-and-mortar network, Boot Barn maintains an e-commerce platform to serve customers seeking ranch-and-rodeo style clothing and rugged workwear from coast to coast.
Founded in 1978 in Southern California, Boot Barn began as a single store catering to ranchers, farmworkers and western enthusiasts.
Featured Stories Five stocks we like better than Boot Barn VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? 3 Closed-End Funds to Maximize Dividend Payments Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy? $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over Want to see what other hedge funds are holding BOOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Boot Barn Holdings, Inc. (NYSE:BOOT – Free Report).
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Deutsche Bank AG purchased a new position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 45,098 shares of the company’s stock, valued at approximately $7,408,000. Deutsche Bank AG owned 0.15% of Boot Barn at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in the stock. Los Angeles Capital Management LLC acquired a new position in shares of Boot Barn during the fourth quarter worth about $29,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Boot Barn in the third quarter valued at about $49,000. Danske Bank A S raised its holdings in shares of Boot Barn by 200.0% during the 4th quarter. Danske Bank A S now owns 300 shares of the company’s stock valued at $53,000 after buying an additional 200 shares during the period. Hantz Financial Services Inc. raised its holdings in shares of Boot Barn by 284.1% during the 4th quarter. Hantz Financial Services Inc. now owns 338 shares of the company’s stock valued at $60,000 after buying an additional 250 shares during the period. Finally, Global Retirement Partners LLC raised its holdings in shares of Boot Barn by 702.3% during the 4th quarter. Global Retirement Partners LLC now owns 353 shares of the company’s stock valued at $62,000 after buying an additional 309 shares during the period.
Boot Barn Stock Performance NYSE:BOOT opened at $164.44 on Monday. Boot Barn Holdings, Inc. has a one year low of $133.18 and a one year high of $210.25. The business’s 50-day simple moving average is $161.33 and its 200 day simple moving average is $165.42. The stock has a market cap of $4.98 billion, a price-to-earnings ratio of 20.82, a price-to-earnings-growth ratio of 1.07 and a beta of 1.71.
Boot Barn (NYSE:BOOT – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $2.29 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.60. Boot Barn had a return on equity of 18.78% and a net margin of 10.35%.The firm had revenue of $593.51 million during the quarter, compared to the consensus estimate of $583.15 million. During the same quarter in the prior year, the business posted $1.74 earnings per share. Boot Barn’s revenue for the quarter was up 17.7% on a year-over-year basis. Boot Barn has set its FY 2027 guidance at 8.800-9.230 EPS and its Q2 2027 guidance at 1.550-1.650 EPS. On average, equities research analysts predict that Boot Barn Holdings, Inc. will post 9.18 EPS for the current year. Analyst Upgrades and Downgrades A number of equities analysts have weighed in on BOOT shares. Piper Sandler decreased their price target on Boot Barn from $230.00 to $226.00 and set an “overweight” rating for the company in a report on Friday, May 15th. Citigroup reiterated a “buy” rating on shares of Boot Barn in a research note on Monday, May 4th. Bank of America reduced their target price on shares of Boot Barn from $224.00 to $206.00 and set a “buy” rating on the stock in a research report on Friday, May 15th. UBS Group set a $225.00 target price on shares of Boot Barn in a research note on Wednesday, June 17th. Finally, Stephens raised their price target on shares of Boot Barn from $196.00 to $207.00 and gave the company an “overweight” rating in a report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Boot Barn has an average rating of “Buy” and an average target price of $219.55.
Get Our Latest Stock Report on BOOT
Boot Barn Profile (Free Report)
Boot Barn, Inc is a leading specialty retailer focused on western and work-related footwear, apparel and accessories. The company operates full-price and outlet retail stores under the Boot Barn and BootBarn.com brands, offering a wide assortment of cowboy boots, work boots, casual and fashion footwear, western and work apparel, hats, belts and related accessories. In addition to its brick-and-mortar network, Boot Barn maintains an e-commerce platform to serve customers seeking ranch-and-rodeo style clothing and rugged workwear from coast to coast.
Founded in 1978 in Southern California, Boot Barn began as a single store catering to ranchers, farmworkers and western enthusiasts.
Featured Stories Five stocks we like better than Boot Barn VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? 3 Closed-End Funds to Maximize Dividend Payments Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy? $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over Want to see what other hedge funds are holding BOOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Boot Barn Holdings, Inc. (NYSE:BOOT – Free Report).
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BlackRock Inc. purchased a new position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 5,117,359 shares of the company’s stock, valued at approximately $840,629,000. BlackRock Inc. owned about 16.90% of Boot Barn as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Royal Bank of Canada increased its position in Boot Barn by 50.3% during the first quarter. Royal Bank of Canada now owns 34,676 shares of the company’s stock worth $3,725,000 after acquiring an additional 11,598 shares during the period. AQR Capital Management LLC grew its position in Boot Barn by 198.0% in the 1st quarter. AQR Capital Management LLC now owns 8,906 shares of the company’s stock worth $957,000 after purchasing an additional 5,917 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Boot Barn by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,628 shares of the company’s stock worth $1,894,000 after purchasing an additional 779 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Boot Barn by 23.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 323,664 shares of the company’s stock worth $34,771,000 after purchasing an additional 61,719 shares during the period. Finally, United Services Automobile Association bought a new position in shares of Boot Barn during the 1st quarter worth about $209,000.
Boot Barn Stock Performance Shares of Boot Barn stock opened at $164.44 on Friday. The firm’s 50-day simple moving average is $161.33 and its 200-day simple moving average is $165.54. Boot Barn Holdings, Inc. has a twelve month low of $133.18 and a twelve month high of $210.25. The firm has a market cap of $4.98 billion, a P/E ratio of 20.82, a price-to-earnings-growth ratio of 1.07 and a beta of 1.71.
Boot Barn (NYSE:BOOT – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $2.29 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.60. Boot Barn had a net margin of 10.35% and a return on equity of 18.78%. The business had revenue of $593.51 million for the quarter, compared to analysts’ expectations of $583.15 million. During the same quarter in the previous year, the firm posted $1.74 earnings per share. The firm’s revenue for the quarter was up 17.7% on a year-over-year basis. Boot Barn has set its FY 2027 guidance at 8.800-9.230 EPS and its Q2 2027 guidance at 1.550-1.650 EPS. On average, equities analysts forecast that Boot Barn Holdings, Inc. will post 9.18 earnings per share for the current fiscal year. Wall Street Analysts Forecast Growth BOOT has been the subject of several research reports. UBS Group set a $225.00 target price on shares of Boot Barn in a research note on Wednesday, June 17th. Piper Sandler lowered their price target on Boot Barn from $230.00 to $226.00 and set an “overweight” rating on the stock in a research note on Friday, May 15th. Stephens upped their price target on Boot Barn from $196.00 to $207.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Bank of America reduced their price objective on Boot Barn from $224.00 to $206.00 and set a “buy” rating for the company in a research report on Friday, May 15th. Finally, Zacks Research raised Boot Barn from a “hold” rating to a “strong-buy” rating in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $219.55.
Read Our Latest Stock Report on BOOT
Boot Barn Profile (Free Report)
Boot Barn, Inc is a leading specialty retailer focused on western and work-related footwear, apparel and accessories. The company operates full-price and outlet retail stores under the Boot Barn and BootBarn.com brands, offering a wide assortment of cowboy boots, work boots, casual and fashion footwear, western and work apparel, hats, belts and related accessories. In addition to its brick-and-mortar network, Boot Barn maintains an e-commerce platform to serve customers seeking ranch-and-rodeo style clothing and rugged workwear from coast to coast.
Founded in 1978 in Southern California, Boot Barn began as a single store catering to ranchers, farmworkers and western enthusiasts.
Read More Five stocks we like better than Boot Barn 2 Biotech Stocks Shaping Up for Major Breakouts 3 Stocks Came Roaring Back—Now They’re Flashing Warning Signs 3 Beaten-Down Stocks That Haven’t Gotten the Message About the S&P 500’s Record Run Darden Restaurants Just Hit a 52-Week High–Is the Olive Garden Comeback Story Legit? Want to see what other hedge funds are holding BOOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Boot Barn Holdings, Inc. (NYSE:BOOT – Free Report).
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Boot Barn Holdings offers an attractive growth profile with disciplined expansion, robust earnings growth, and a reasonable PEG valuation near 1.08. BOOT targets 70 new store openings in FY27, aiming for a long-term goal of 1,200 locations, supporting sustained double-digit earnings growth. Same-store sales growth and merchandise margin expansion remain key drivers, with management projecting 4% comp growth and 16% total sales growth for the year.
Investors interested in Retail - Apparel and Shoes stocks are likely familiar with Boot Barn (BOOT - Free Report) and Industria de Diseno Textil SA (IDEXY - Free Report) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.
The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.
Currently, Boot Barn has a Zacks Rank of #2 (Buy), while Industria de Diseno Textil SA has a Zacks Rank of #4 (Sell). This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that BOOT is likely seeing its earnings outlook improve to a greater extent. But this is just one factor that value investors are interested in.
Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.
The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value.
BOOT currently has a forward P/E ratio of 17.78, while IDEXY has a forward P/E of 26.74. We also note that BOOT has a PEG ratio of 1.05. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. IDEXY currently has a PEG ratio of 2.74.
Another notable valuation metric for BOOT is its P/B ratio of 3.57. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, IDEXY has a P/B of 9.43.
These metrics, and several others, help BOOT earn a Value grade of B, while IDEXY has been given a Value grade of D.
BOOT is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that BOOT is likely the superior value option right now.
Shares of Boot Barn (BOOT - Free Report) have gained 8.4% over the past four weeks to close the last trading session at $160.22, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $217.33 indicates a potential upside of 35.6%.
The mean estimate comprises 15 short-term price targets with a standard deviation of $30.94. While the lowest estimate of $159.00 indicates a 0.8% decline from the current price level, the most optimistic analyst expects the stock to surge 76% to reach $282.00. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable.
However, an impressive consensus price target is not the only factor that indicates a potential upside in BOOT. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Here's Why There Could be Plenty of Upside Left in BOOTAnalysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason to expect an upside in the stock. That's because empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current year, six estimates have moved higher over the last 30 days compared to no negative revision. As a result, the Zacks Consensus Estimate has increased 7.3%.
Moreover, BOOT currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much BOOT could gain, the direction of price movement it implies does appear to be a good guide.
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.
That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.
However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects.
Boot Barn (BOOT - Free Report) is on the list of such stocks currently recommended by our proprietary system. In addition to a favorable Growth Score, it carries a top Zacks Rank.
Research shows that stocks carrying the best growth features consistently beat the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.
Here are three of the most important factors that make the stock of this Western apparel and footwear retailer a great growth pick right now.
Earnings GrowthEarnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most investors. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for Boot Barn is 6.3%, investors should actually focus on the projected growth. The company's EPS is expected to grow 22.6% this year, crushing the industry average, which calls for EPS growth of 20%.
Cash Flow GrowthWhile cash is the lifeblood of any business, higher-than-average cash flow growth is more important and beneficial for growth-oriented companies than for mature companies. That's because, growth in cash flow enables these companies to expand their businesses without depending on expensive outside funds.
Right now, year-over-year cash flow growth for Boot Barn is 26.1%, which is higher than many of its peers. In fact, the rate compares to the industry average of -5.7%.
While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 21.3% over the past 3-5 years versus the industry average of 14%.
Promising Earnings Estimate RevisionsBeyond the metrics outlined above, investors should consider the trend in earnings estimate revisions. A positive trend is a plus here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
The current-year earnings estimates for Boot Barn have been revising upward. The Zacks Consensus Estimate for the current year has surged 7.3% over the past month.
Bottom LineWhile the overall earnings estimate revisions have made Boot Barn a Zacks Rank #2 stock, it has earned itself a Growth Score of B based on a number of factors, including the ones discussed above.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination indicates that Boot Barn is a potential outperformer and a solid choice for growth investors.
Extension Continues Boot Hill's Sports Wagering Management Through 2030
, /PRNewswire/ -- Butler National Corporation (OTCQX: BUKS) announces that the Boot Hill Casino & Resort, managed by Butler National subsidiary BHCMC, LLC ("Boot Hill Casino"), executed two agreements extending existing sports wagering contract relationships through 2030.
Butler National received a three-year extension of its Lottery Sports Wagering Management Contract with the Kansas Lottery, which provides for Boot Hill Casino's management of sports wagering operations conducted through the Boot Hill Casino & Resort. In 2022, the State of Kansas authorized Kansas Lottery-owned and operated sports wagering, which is managed by the state's lottery gaming facility managers. The initial sports wager management contract was a five-year agreement. The newly executed extension maintains the same material terms of the original agreement and extends Boot Hill's management of sports wagering through 2030.
In connection with the Kansas Lottery contract extension, Boot Hill Casino and DraftKings have agreed to amend and extend for ten years their sports wagering arrangement, which facilitates online and mobile sports wagering. The extension includes updated commercial terms that reflect current market conditions. The DraftKings agreement is subject to continuing Boot Hill Casino management authority under the agreement with the Kansas Lottery.
Ryan Deutsch, General Manager of Boot Hill Casino & Resort, commented: "We appreciate the Kansas Lottery's continued confidence in Boot Hill Casino & Resort. We are also very pleased to extend our successful relationship with DraftKings. Sports wagering has become an important component of our entertainment offering and continues to attract visitors from across Kansas and neighboring states. This extension provides long-term stability for our sports wagering platform and allows us to continue investing in the guest experience and sportsbook operations."
Deutsch added: "Boot Hill remains focused on driving tourism, entertainment, and economic activity in Southwest Kansas while generating meaningful revenue for the State of Kansas. We are proud of the role our property plays in supporting both objectives."
About Boot Hill Casino & Resort
Boot Hill Casino & Resort, managed by BHCMC, LLC and Butler National Service Corporation, wholly-owned subsidiaries of Butler National Corporation (OTCQX: BUKS), features over 500 electronic gaming machines, 15 table games, a 150-seat casual dining restaurant known as Firesides at Boot Hill, and an attractive DraftKings Sportsbook.
The lottery facility games at Boot Hill Casino & Resort are owned and operated by the Kansas Lottery. The Kansas Racing and Gaming Commission provides regulatory oversight for the casino.
About Butler National Corporation
Butler National Corporation operates in the Aerospace and Professional Services business segments. The Professional Services business segment includes the operations at the Boot Hill Casino & Resort. The Aerospace Products segment includes the design, manufacture, sale and service of structural modifications, design, integration and installation of electronic equipment, systems and technologies that enhance aircraft operations, and the design, manufacture and sale of defense related articles. Additionally, we operate FAA Repair Stations. Companies in Aerospace Products concentrate on products and services for Learjet, Textron Beechcraft, King Air, and Textron Cessna turboprop aircraft. Butler National-Tempe designs and manufactures robust electronic controls and cabling.
Forward-Looking Information
Statements made in this press release, reports, and proxy statements filed with the Securities and Exchange Commission, communications to stockholders and oral statements made by representatives of the Company that are not historical in nature, or that state the Company or management intentions, hopes, beliefs, expectations or predictions of the future, may constitute "forward-looking statements" within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements can often be identified by the use of forward-looking terminology, such as "could," "should," "will," "intended," "continue," "believe," "may," "expect," "anticipate," "goal," "forecast," "plan," "guidance" or "estimate" or the negative of these words, variations thereof or similar expressions. However, the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are not guarantees of future performance or results. They involve risks, uncertainties, and assumptions. It is important to note that any such performance and actual results, financial condition or business, could differ materially from those expressed in such forward-looking statements. Factors that could cause or contribute to such differences, many of which are outside of our control, include, but are not limited to: (i) customer concentration risk; (ii) dependence on government spending; (iii) government shutdown; (iv) industry specific business cycles; (v) regulatory hurdles in the launch of new products; (vi) loss of key personnel, including executive officers; (vii) the geographic location of our casino; (viii) fixed-price contracts; (ix) international sales; (x) changing U.S. trade policy and impacts of tariffs; (xi) need to acquire hangar space for substantial growth; (xii) future acquisitions; (xiii) supply chain and labor issues; (xiv) customer demand; (xv) insurance costs and insufficient insurance for aircraft modifications; (xvi) cyber security threats; (xvii) fraud, theft and cheating at our casino; (xviii) dependence on third-party platforms to offer sports wagering; (xix) outside factors influence the profitability of sports wagering and legacy gaming; (xx) change of control restrictions; (xxi) significant and expensive governmental regulation across our industries; (xxii) U.S. Government action with respect to contracts; (xxiii) failure by the Company or its stockholders to maintain applicable gaming licenses; (xxiv) evolving political and legislative initiatives in gaming; (xxv) extensive and increasing taxation of gaming revenues; (xxvi) changes in regulations of financial reporting; (xxvii) the availability of financing; (xxviii) potential impairment losses; (xxix) marketability restrictions of our common stock; (xxx) the possibility of a reverse-stock split; (xxxi) market competition by larger competitors; (xxxii) acts of terrorism and war; (xxxiii) climate change, inclement weather and natural disasters; (xxxiv) rising inflation; (xxxv) failure of risk management; (xxxvi) effectiveness of internal controls; and (xxxvii) other factors discussed in Item 1A of the Company's Annual Report on Form 10-K and other filings the Company makes with the SEC from time to time. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes in future operating results, financial condition or business over time, except as expressly required by federal securities laws.
For more information, contact:
Butler National Corporation Investor Relations
(913) 780-9595
Investors often opt for the stock-picking approach that involves stocks with a low price-to-earnings (P/E) ratio. This strategy is based on the notion that the lower the P/E ratio is, the higher the stock value. The reasoning behind this is straightforward — when a stock's current market price does not adequately reflect its higher earnings, it suggests potential for growth.
But there is more to this whole P/E story. Not only low P/E stocks, but also stocks with a rising P/E can fetch strong returns. In this regard, investors can bet on the likes of Boot Barn (BOOT - Free Report) , Five Below (FIVE - Free Report) , The Ensign Group (ENSG - Free Report) and GE HealthCare Technologies Inc. (GEHC - Free Report) .
Rising P/E: A Useful ToolThe concept is that as earnings rise, so should the price of the stock. As forecasts for expected earnings come in higher, strong demand for the stock should continue to push up its price. After all, a stock's P/E gives an indication of how much investors are ready to shell out per dollar of earnings.
Suppose an investor wants to buy a stock with a P/E ratio of 30. This means that he is willing to shell out $30 for only $1 worth of earnings as he expects the company's earnings to rise at a faster pace in the future owing to strong fundamentals.
So, if the P/E of a stock is rising steadily, it means that investors are assured of its inherent strength and expect some strong positives out of it.
Also, studies have revealed that stocks have seen their P/E ratios jump over 100% from their breakout point in the cycle. So, if you can pick stocks early in their breakout cycle, you can end up seeing considerable gains.
Winning StrategyIn order to shortlist stocks that are exhibiting an increasing P/E, we chose the following as our primary screening parameters.
EPS growth estimate for the current year is greater than or equal to last year’s actual growth
Percentage change in last year's EPS should be greater than or equal to zero
(These two criteria point to flat earnings or a growth trend over the years.)
Percentage change in price over four weeks greater than the percentage change in price over 12 weeks
Percentage change in price over 12 weeks greater than percentage change in price over 24 weeks
(These two criteria show that the price of the stock is increasing consistently over the said timeframes.)
Percentage price change for four weeks relative to the S&P 500 greater than the percentage price change for 12 weeks relative to the S&P 500
Percentage price change for 12 weeks relative to the S&P 500 greater than the percentage price change for 24 weeks relative to the S&P 500
(Here, the case for consistent price gains gets even stronger as it displays percentage price changes relative to the S&P 500.)
Percentage price change for 12 weeks is 20% higher than or equal to the percentage price change for 24 weeks, but it should not exceed 100%
(A 20% increase in the price of a stock from the breakout point gives cues of an impending uptrend. But a jump of over 100% indicates that there is limited scope for further upside and that the stock might be due for a reversal.)
In addition, we place a few other criteria that lead us to some likely outperformers.
Zacks Rank less than or equal to 2: Only companies with a Zacks Rank #1 (Strong Buy) or 2 (Buy) can get through.
Average 20-day Volume greater than or equal to 50,000: High trading volume implies that the stocks have adequate liquidity.
Just these few criteria narrowed down the universe from over 7,700 stocks to just 47.
Here are four out of the 47 stocks:
Boot Barn: The Zacks Rank #2 company is the largest lifestyle retailer in the United States, specializing in western and work-related footwear, apparel and accessories. You can see the complete list of today’s Zacks #1 Rank stocks here.
The average four-quarter earnings surprise of BOOT is 11.41%.
The company has a net profit margin (on a trailing 12-month (TTM) basis) of 10.35% versus the industry average of 2.33%. Return on equity (TTM) of the stock is 18.78% versus 12.53% recorded by the underlying industry.
Five Below: The Zacks Rank #2 company is a Pennsylvania-based specialty value retailer offering trend-right merchandise priced mostly at $5 and below, with a select range priced above $5.
The average four-quarter earnings surprise of FIVE is 70.12%.
The company has a net profit margin (on a TTM basis) of 8.67% versus the industry average of 5.79%. Return on equity (TTM) of the stock is 21.31% versus 19.27% recorded by the underlying industry.
The Ensign Group: The Zacks Rank #2 company provides healthcare services in the post-acute care continuum, urgent care center and mobile ancillary segments in the United States.
The average four-quarter earnings surprise of ENSG is 4.29%.
The company has a net profit margin (on a TTM basis) of 6.90%, on par with the industry average. Return on equity (TTM) of the stock is 16.75% versus 13.39% recorded by the underlying industry.
GE HealthCare Technologies Inc.: This is a leading global medtech company. The stock has a Zacks Rank #2.
The average four-quarter earnings surprise of GEHC is 0.94%.
The company has a net profit margin (on a TTM basis) of 9.33% versus the industry average of negative 2.75%. Return on equity (TTM) of the stock is 20.12% versus 2.74% recorded by the underlying industry.
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
#1 (Strong Buy) stocks have produced an unmatched +23.94% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Boot Barn (BOOT - Free Report) Boot Barn Holdings, Inc. is the largest lifestyle retailer in the United States, specializing in western and work-related footwear, apparel, and accessories. Founded in 1978 and headquartered in Irvine, California, the company serves customers through an integrated network of brick-and-mortar stores and e-commerce platforms. At the end of the first quarter of fiscal 2027, Boot Barn operated 566 stores across 49 states and complemented its physical presence with a nationwide digital platform that supports services such as buy online, pick up in store, curbside pickup, ship-from-store and in-store returns.
BOOT is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.
Additionally, the company could be a top pick for growth investors. BOOT has a Growth Style Score of B, forecasting year-over-year earnings growth of 22.6% for the current fiscal year.
Six analysts revised their earnings estimate higher in the last 60 days for fiscal 2027, while the Zacks Consensus Estimate has increased $0.46 to $9.01 per share. BOOT also boasts an average earnings surprise of +11.4%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, BOOT should be on investors' short list.
On August 18, 2026, Boot Barn Holdings Inc
BOOT -3.68% 96
shares fell 3.7% to a current price of $158.09. This decline comes amid a 52-week trading range of $133.18 to $210.25, reflecting a challenging year for the company.
GF Value™ verdict: Currently priced at $158.09, BOOT is estimated to be 12.8% undervalued compared to the GF Value of $181.37.GF Score™: BOOT has a strong GF Score™ of 96/100, indicating overall high performance across various metrics.Notable signal: Insider activity has shown selling, with insiders divesting $3.2 million over the past 12 months, signaling potential concerns about future growth.Is BOOT Overvalued or Undervalued?Based on the current price of $158.09 and the GF Value™ estimate of $181.37, Boot Barn Holdings Inc appears to be undervalued by approximately 12.8%. The margin of safety is a key factor for potential investors, as a stock priced below its intrinsic value suggests an opportunity for growth, provided the company can maintain its profitability and growth trajectory. The GF Valuation label classifies BOOT as modestly undervalued, which implies that while there is some upside potential, caution is warranted given the current market dynamics.
It's important to note that the GF Value™ is GuruFocus' proprietary intrinsic-value estimate that considers historical trading multiples, past business growth, and future performance estimates. This model helps investors gauge whether the stock is currently trading at a favorable price relative to its estimated intrinsic value.
How Does BOOT's Valuation Compare to Its History?MetricCurrentHistoricalP/E (TTM)20.0x20.0xForward P/E17.5xN/ABoot Barn's current P/E ratio of 20.0x aligns with its 5-year median P/E of 20.0x, indicating that the stock is not trading above its historical valuation. In addition, the forward P/E of 17.5x suggests a potentially lower valuation for future earnings. This analysis agrees with the GF Value™ verdict, reinforcing the idea that the stock is undervalued.
What Does BOOT's GF Score™ Tell Us?The GF Score™ evaluates a stock's performance based on several critical factors, including financial strength, profitability, growth, valuation, and momentum. Boot Barn's GF Score™ of 96/100 reflects a strong performance across these metrics, particularly in growth and valuation, where it received scores of 10/10. However, the momentum rank of 7/10 indicates some fluctuations in the stock's performance over time.
MetricRatingGF Score™96/100Financial Strength7/10Profitability9/10Growth10/10Valuation10/10Momentum7/10The combination of a high GF Score™ and outstanding growth and valuation ranks suggests that Boot Barn is well-positioned for future performance. However, the weaker momentum rank may warrant further scrutiny, indicating potential volatility or uncertainty in market sentiment.
What Are Gurus and Insiders Doing with BOOT?Currently, 3 gurus hold shares of Boot Barn, with no gurus adding to their positions and 6 trimming their holdings in recent quarters. This trend of trimming positions can be a cautionary signal for potential investors, suggesting that even seasoned investors may have concerns about the company's prospects.
Additionally, insider selling totaling $3.2 million over the last 12 months, without any buying activity, raises questions about management's confidence in the company's future. This pattern of insider trading can provide valuable insights into the sentiment of those closest to the company's operations.
What This Means for InvestorsConsidering the analysis of Boot Barn Holdings Inc, the stock appears to be undervalued based on the GF Value™ estimate, suggesting a potential opportunity for growth. However, the recent insider selling and guru activity indicate a cautious sentiment surrounding the stock, which investors should weigh against the positive valuation metrics. For those interested in further exploring Boot Barn's stock performance, please visit the Boot Barn Holdings Inc
BOOT -3.68% 96
stock page and the GF Value™ page.
Frequently Asked QuestionsWhat is BOOT's GF Score™?
BOOT has a GF Score™ of 96/100, indicating a strong overall performance across various key metrics.
Is BOOT overvalued or undervalued?
BOOT is currently estimated to be undervalued by 12.8%, according to the GF Value™ assessment.
What is BOOT's P/E ratio?
The P/E ratio for BOOT is currently 20.0x, which is in line with its 5-year median P/E, indicating it is not trading at a premium compared to its historical valuation.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Boot Barn (BOOT - Free Report) Boot Barn Holdings, Inc. is the largest lifestyle retailer in the United States, specializing in western and work-related footwear, apparel, and accessories. Founded in 1978 and headquartered in Irvine, California, the company serves customers through an integrated network of brick-and-mortar stores and e-commerce platforms. At the end of the first quarter of fiscal 2027, Boot Barn operated 566 stores across 49 states and complemented its physical presence with a nationwide digital platform that supports services such as buy online, pick up in store, curbside pickup, ship-from-store and in-store returns.
BOOT is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.
Momentum investors should take note of this Retail-Wholesale stock. BOOT has a Momentum Style Score of B, and shares are up 9.5% over the past four weeks.
Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2027. The Zacks Consensus Estimate has increased $0.46 to $9.01 per share. BOOT boasts an average earnings surprise of +11.4%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, BOOT should be on investors' short list.
Key Takeaways BOOT's comparable e-commerce sales rose 13.4%, driven by double-digit growth on bootbarn.com.Exclusive brand websites are gaining traffic and sales, led by Cody James.BOOT expects 13% e-commerce comp growth, ahead of its 3% retail-store comp outlook. Boot Barn Holdings, Inc. (BOOT - Free Report) delivered strong e-commerce performance in the first quarter, with comparable e-commerce sales increasing 13.4%, driven by double-digit growth on bootbarn.com. The company fulfills a large portion of online orders through its stores, helping enhance merchandise margins while giving customers access to a broader inventory assortment. The strong adoption of buy online, pick up in store and ship-to-store offerings is also driving store traffic, reducing fulfillment costs and enhancing customer engagement through a more seamless shopping experience across digital and physical channels.
The company continues to see strong traction across its exclusive brand websites, with both traffic and sales trending upward. Cody James remains the strongest performer among these sites, supported by its position as the company’s largest brand. Beyond direct sales, the sites are helping strengthen brand storytelling and brand building, with millions of sessions and visitors giving customers greater exposure to brands such as Cheyenne, Cody James and Hawx.
Boot Barn also noted that TikTok Shop continues to gain traction, supporting sales of both the company’s own brands and certain third-party brands. Management remains bullish as the platform continues to grow rapidly in the United States and has become a broad marketplace. The company is also using everyday influencers, including nano creators with fewer than 10,000 followers. Boot Barn is also partnering with different sororities ahead of the upcoming RushTok season.
The company continues to expect same-store sales to increase 4%, including a 3% increase in retail-store comps and 13% growth in e-commerce comps, highlighting stronger expected momentum in the digital channel. Overall, Boot Barn’s digital ecosystem remains an important part of its omnichannel strategy, with e-commerce growth, strong traffic to exclusive-brand sites and integrated digital and physical shopping capabilities supporting the company’s broader customer experience.
Zacks Rundown for BOOTBoot Barn’s shares have gained 15.8% in the past three months compared with the industry’s growth of 2.4%. BOOT presently carries a Zacks Rank #2 (Buy).
Image Source: Zacks Investment Research
From a valuation standpoint, Boot Barn trades at a forward price-to-earnings ratio of 17.23, higher than the industry’s average ratio of 13.51.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for BOOT’s current and next fiscal-year earnings implies year-over-year rallies of 22.6% and 10.5%, respectively.
Image Source: Zacks Investment Research
Other Stocks to ConsiderSome other top-ranked stocks have been discussed below:
FIGS, Inc. (FIGS - Free Report) operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States and internationally. At present, FIGS carries a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for FIGS’s current fiscal-year sales and earnings implies growth of 18.2% and 57.9%, respectively, from the year-ago figures. FIGS has delivered a trailing four-quarter earnings surprise of 201.8%, on average.
Victoria’s Secret & Co. (VSXY - Free Report) operates as a specialty retailer of women's intimate apparel and other apparel and beauty products worldwide. At present, VSXY carries a Zacks Rank of 2.
The Zacks Consensus Estimate for VSXY’s current fiscal-year sales and earnings implies growth of 9.1% and 55.7%, respectively, from the year-ago figures. VSXY has delivered a trailing four-quarter earnings surprise of 81.9%, on average.
Fossil Group, Inc. (FOSL - Free Report) designs, develops, markets, and distributes consumer fashion accessories in the United States, Europe, Asia, and internationally. At present, FOSL carries a Zacks Rank of 2.
The Zacks Consensus Estimate for FOSL’s current fiscal-year sales indicates a decline of 4%, while the same for earnings indicates growth of 96.7% from the year-ago figures. FOSL delivered a trailing four-quarter negative earnings surprise of 236.2%, on average.
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Boot Barn (BOOT - Free Report) Boot Barn Holdings, Inc. is the largest lifestyle retailer in the United States, specializing in western and work-related footwear, apparel, and accessories. Founded in 1978 and headquartered in Irvine, California, the company serves customers through an integrated network of brick-and-mortar stores and e-commerce platforms. At the end of the first quarter of fiscal 2027, Boot Barn operated 566 stores across 49 states and complemented its physical presence with a nationwide digital platform that supports services such as buy online, pick up in store, curbside pickup, ship-from-store and in-store returns.
BOOT is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.
It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 18.15; value investors should take notice.
Six analysts revised their earnings estimate higher in the last 60 days for fiscal 2027, while the Zacks Consensus Estimate has increased $0.46 to $9.01 per share. BOOT also boasts an average earnings surprise of +11.4%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, BOOT should be on investors' short list.
Bank of America Corp DE grew its holdings in shares of Boot Barn Holdings, Inc. (NYSE:BOOT – Free Report) by 114.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 655,374 shares of the company’s stock after purchasing an additional 349,985 shares during the quarter. Bank of America Corp DE owned approximately 2.16% of Boot Barn worth $95,921,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wellington Management Group LLP raised its position in Boot Barn by 4.3% in the fourth quarter. Wellington Management Group LLP now owns 1,206,107 shares of the company’s stock worth $212,842,000 after acquiring an additional 49,790 shares during the period. State Street Corp grew its position in shares of Boot Barn by 0.6% during the 4th quarter. State Street Corp now owns 1,176,193 shares of the company’s stock valued at $207,563,000 after acquiring an additional 7,410 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of Boot Barn by 83.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,103,441 shares of the company’s stock valued at $194,725,000 after acquiring an additional 502,275 shares during the period. Invesco Ltd. increased its stake in shares of Boot Barn by 15.7% during the 4th quarter. Invesco Ltd. now owns 1,061,668 shares of the company’s stock worth $187,353,000 after purchasing an additional 144,262 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of Boot Barn by 38.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 723,309 shares of the company’s stock worth $127,642,000 after purchasing an additional 200,971 shares during the last quarter.
Analyst Ratings Changes A number of research firms recently commented on BOOT. Weiss Ratings raised shares of Boot Barn from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 30th. Robert W. Baird set a $212.00 target price on Boot Barn in a research report on Thursday, July 30th. Citigroup restated a “buy” rating on shares of Boot Barn in a research note on Monday, May 4th. TD Cowen dropped their price target on Boot Barn from $225.00 to $190.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Finally, UBS Group set a $225.00 price target on Boot Barn in a research note on Wednesday, June 17th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $222.27.
View Our Latest Research Report on BOOT
Boot Barn Stock Down 0.4% Shares of BOOT opened at $163.38 on Friday. Boot Barn Holdings, Inc. has a twelve month low of $133.18 and a twelve month high of $210.25. The stock has a market cap of $4.95 billion, a PE ratio of 20.68, a P/E/G ratio of 1.05 and a beta of 1.71. The business’s 50-day moving average price is $162.47 and its 200-day moving average price is $166.99.
Boot Barn (NYSE:BOOT – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $2.29 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.60. The company had revenue of $593.51 million during the quarter, compared to analyst estimates of $583.15 million. Boot Barn had a net margin of 10.35% and a return on equity of 18.78%. Boot Barn’s revenue was up 17.7% compared to the same quarter last year. During the same period last year, the business earned $1.74 earnings per share. Boot Barn has set its FY 2027 guidance at 8.800-9.230 EPS and its Q2 2027 guidance at 1.550-1.650 EPS. Analysts expect that Boot Barn Holdings, Inc. will post 9.18 earnings per share for the current fiscal year.
Boot Barn Company Profile (Free Report)
Boot Barn, Inc is a leading specialty retailer focused on western and work-related footwear, apparel and accessories. The company operates full-price and outlet retail stores under the Boot Barn and BootBarn.com brands, offering a wide assortment of cowboy boots, work boots, casual and fashion footwear, western and work apparel, hats, belts and related accessories. In addition to its brick-and-mortar network, Boot Barn maintains an e-commerce platform to serve customers seeking ranch-and-rodeo style clothing and rugged workwear from coast to coast.
Founded in 1978 in Southern California, Boot Barn began as a single store catering to ranchers, farmworkers and western enthusiasts.
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Shares of Boot Barn (BOOT - Free Report) have gained 3.3% over the past four weeks to close the last trading session at $163.28, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $215.6 indicates a potential upside of 32%.
The mean estimate comprises 15 short-term price targets with a standard deviation of $30.94. While the lowest estimate of $159.00 indicates a 2.6% decline from the current price level, the most optimistic analyst expects the stock to surge 72.7% to reach $282.00. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice.
However, an impressive consensus price target is not the only factor that indicates a potential upside in BOOT. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Why BOOT Could Witness a Solid UpsideThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current year, six estimates have moved higher over the last 30 days compared to no negative revision. As a result, the Zacks Consensus Estimate has increased 7.3%.
Moreover, BOOT currently has a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much BOOT could gain, the direction of price movement it implies does appear to be a good guide.
Key Takeaways Boot Barn ended Q1 fiscal 2027 with 566 stores and targets about 1,200 U.S. locations over time.BOOT expects fiscal 2027 sales growth of 14%-16% and EPS growth of 26%, supported by expansion.Boot Barn saw same-store sales rise 4.7%, while tariff refunds provided near-term margin support. Boot Barn Holdings, Inc. (BOOT - Free Report) continues to gain from store expansion, healthy comparable sales and rising earnings expectations, but investors must weigh those positives against near-term margin uncertainty, softer July traffic and the fading benefit from tariff refunds.
The investment case centers on whether Boot Barn’s long-term growth opportunity, supported by store whitespace and improving operating execution, can justify the valuation despite temporary earnings tailwinds. Management expects fiscal 2027 sales growth of 14% to 16% and earnings per share growth of 26%, while investors remain focused on how much margin expansion can continue after tariff-related benefits roll off.
BOOT's Store Runway Supports Durable GrowthBoot Barn’s store expansion remains a key driver of its long-term growth strategy. The company ended the first quarter of fiscal 2027 with 566 stores across 49 states after opening 27 locations during the quarter. Management continues to target approximately 1,200 U.S. stores over time, leaving significant room for geographic expansion.
The economics of new stores remain attractive. New locations are expected to generate roughly $3.2 million in first-year sales, require about $1.7 million of total net investment and deliver a payback period of approximately 1.8 years. Management also noted that new stores continue to perform ahead of expectations across the country.
With 70 new store openings planned for fiscal 2027, expansion should remain an important contributor to revenue growth. The company’s fiscal 2027 sales outlook of $2.58 billion to $2.63 billion reflects continued contributions from the expanding footprint.
Boot Barn's Comps Show Broad-Based DemandBoot Barn’s recent sales trends suggest growth is not dependent on store openings alone. First-quarter fiscal 2027 consolidated same-store sales increased 4.7%, including a 3.8% gain in retail store same-store sales and a 13.4% increase in e-commerce same-store sales.
The company benefited from broad category demand. Men’s Western boots posted mid-single-digit growth, men’s and women’s apparel increased at a high-single-digit pace led by denim, and work boots delivered high-single-digit growth for the fifth consecutive quarter. This category diversity reduces reliance on any single merchandise group.
Boot Barn’s omnichannel model is also supporting customer engagement. E-commerce growth was driven by double-digit gains at BootBarn.com, while store-based fulfillment helped expand inventory access and improve the shopping experience across digital and physical channels.
BOOT's Margin Gains Face Temporary TailwindsMargin improvement remains a key earnings driver, although investors need to separate structural gains from temporary benefits. First-quarter merchandise margin expanded 220 basis points, helped by 250 basis points from tariff refunds and 60 basis points of product-margin expansion, partly offset by freight pressures.
Excluding tariff refunds, product margin improved because of better buying economies of scale, discounted inventory purchases, stronger full-price selling and improved assortment execution. Management expects fiscal 2027 merchandise margin to expand approximately 60 basis points excluding refunds.
However, tariff refunds will not provide the same level of support throughout the year. The first quarter included a $14.7 million tariff refund benefit, contributing 38 cents to earnings per share. For fiscal 2027, management expects tariff refunds to add $17.8 million to merchandise margin and approximately 46 cents to earnings per share, with the benefit declining sharply after the first quarter.
At the same time, occupancy costs tied to new-store growth remain a near-term pressure point. Buying, occupancy and distribution center costs deleveraged by 90 basis points in the first quarter, primarily due to expenses associated with store expansion.
Boot Barn's Valuation Balances Growth and RiskBOOT’s valuation reflects expectations for continued earnings growth. The stock trades at a forward P/E multiple of 17.6X, while the company is expected to deliver double-digit sales growth and earnings growth above 20% in fiscal 2027.
Compared with broader apparel and footwear companies such as Levi Strauss & Co. (LEVI - Free Report) and Wolverine World Wide, Inc. (WWW - Free Report) , Boot Barn’s valuation reflects expectations for faster growth, supported by its store expansion opportunity, comparable sales momentum and focus on western and workwear categories.
Management’s outlook calls for fiscal 2027 earnings per share of $9.23, representing 26% growth, supported by merchandise margin expansion, SG&A leverage and continued sales growth.
The valuation debate depends on whether investors view Boot Barn as a retailer with a long runway for expansion or a business facing near-term normalization after unusually favorable margin conditions. Store growth, category momentum and estimate revisions support a premium valuation, while slower traffic trends and temporary tariff benefits could limit upside if execution weakens.
Image Source: Zacks Investment Research
BOOT's Signals Favor Selective OptimismBoot Barn’s Zacks indicators remain favorable. The stock currently carries a Zacks Rank #1 (Strong Buy), with a VGM Score of B, Value Score of B, Growth Score of B and Momentum Score of C. The lower Momentum Score of C indicates that recent share-price trends have been less supportive than the company’s fundamental outlook. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The favorable Zacks Rank reflects improving earnings expectations, while the Style Scores provide additional insight into the stock’s valuation, growth characteristics and recent price trends. Zacks Style Scores are designed to complement the Zacks Rank by evaluating value, growth and momentum factors that can influence stock performance.
For BOOT, the combination of estimate revisions, store expansion and operating momentum supports a constructive view. Still, investors should monitor comparable sales trends, margin performance after tariff refunds fade and the pace of exclusive-brand growth. The company’s growth profile remains attractive, but near-term execution will determine whether the valuation continues to hold.
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.
In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.
However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects.
Boot Barn (BOOT - Free Report) is one such stock that our proprietary system currently recommends. The company not only has a favorable Growth Score, but also carries a top Zacks Rank.
Research shows that stocks carrying the best growth features consistently beat the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy).
Here are three of the most important factors that make the stock of this Western apparel and footwear retailer a great growth pick right now.
Earnings GrowthEarnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most investors. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for Boot Barn is 6.3%, investors should actually focus on the projected growth. The company's EPS is expected to grow 22.6% this year, crushing the industry average, which calls for EPS growth of 20%.
Cash Flow GrowthWhile cash is the lifeblood of any business, higher-than-average cash flow growth is more important and beneficial for growth-oriented companies than for mature companies. That's because, growth in cash flow enables these companies to expand their businesses without depending on expensive outside funds.
Right now, year-over-year cash flow growth for Boot Barn is 26.1%, which is higher than many of its peers. In fact, the rate compares to the industry average of -5.7%.
While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 21.3% over the past 3-5 years versus the industry average of 14.2%.
Promising Earnings Estimate RevisionsBeyond the metrics outlined above, investors should consider the trend in earnings estimate revisions. A positive trend is a plus here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
There have been upward revisions in current-year earnings estimates for Boot Barn. The Zacks Consensus Estimate for the current year has surged 7.3% over the past month.
Bottom LineWhile the overall earnings estimate revisions have made Boot Barn a Zacks Rank #1 stock, it has earned itself a Growth Score of B based on a number of factors, including the ones discussed above.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination indicates that Boot Barn is a potential outperformer and a solid choice for growth investors.
Key Takeaways Boot Barn raised fiscal 2027 earnings outlook to $8.80-$9.23 per share after Q1 beat.BOOT's first-quarter margin gained from $14.7M tariff refunds, adding 38 cents to EPS.E-commerce comps rose 10.7% as retail comps fell 1.2% in first four weeks of Q2. Boot Barn Holdings, Inc. (BOOT - Free Report) raised its fiscal 2027 earnings outlook after a first-quarter beat, but the quality of that increase matters. Tariff refunds supplied a large, temporary margin lift that will largely disappear after the second quarter.
The outlook can still hold if new stores remain productive, underlying product margins keep improving and e-commerce demand offsets softer store traffic. July’s slowdown makes those operating drivers more important.
BOOT's First-Quarter Beat Reset Fiscal 2027First-quarter earnings of $2.29 per share topped the Zacks Consensus Estimate of $1.69 by 35.5% and increased 31.6% year over year. Sales advanced 17.7% to $593.5 million, 2% above the consensus mark, as new stores and positive comparable sales supported growth.
Management raised fiscal 2027 earnings guidance to $8.80-$9.23 per share from $8.21-$8.64. Total sales are projected at $2.58-$2.63 billion, with 70 store openings expected to support 14-16% sales growth.
Boot Barn's Tariff Refund Boost Will FadeThe first-quarter merchandise margin included a 250-basis-point benefit from $14.7 million of tariff refunds. The refunds added 38 cents to quarterly earnings per share, making them a meaningful contributor to the reported gain.
That benefit drops to an expected $2.4 million, or 6 cents per share, in the second quarter and $0.7 million, or 2 cents, in the third. No refund benefit is expected in the fourth quarter, so later-period earnings will depend more heavily on normal product economics and expense control.
BOOT's Core Product Margins Are ImprovingExcluding refunds, first-quarter product margin expanded 60 basis points. Scale benefits, discounted inventory purchases, better full-price selling and assortment execution supported the improvement, even as freight created a 90-basis-point headwind.
Management expects merchandise margin to continue improving and projects about 60 basis points of expansion excluding refunds for fiscal 2027. That forecast is central to the raised outlook because exclusive-brand penetration is expected to remain roughly flat or slightly lower.
Peer context shows why execution matters. Deckers Outdoor Corporation (DECK - Free Report) manages footwear and lifestyle brands including HOKA, UGG and Teva, while Wolverine World Wide, Inc. (WWW - Free Report) operates brands such as Merrell and Saucony. Both compete for consumer attention across footwear and apparel categories.
Boot Barn's July Traffic Tests the OutlookConsolidated same-store sales were flat during the first four weeks of the second quarter. Retail store comparable sales declined 1.2%, while e-commerce comparable sales increased 10.7%, preserving a clear digital growth advantage.
The early-quarter pace trails the full-year target for 2-4% consolidated comparable-sales growth. Management attributed the slowdown partly to fewer western lifestyle events, concerts and traffic disruption tied to World Cup broadcasts, but sustained weakness would pressure occupancy leverage as new stores open.
Image Source: Zacks Investment Research
BOOT's Earnings Signals Still Lean PositiveThe raised outlook remains achievable, but the margin mix must shift from refunds to repeatable operating gains. Product-margin improvement, new-store productivity and double-digit digital growth can support the plan, while traffic and occupancy costs are the clearest near-term tests.
BOOT currently carries a Zacks Rank #1 (Strong Buy). The Growth Score of B, Value Score of B and VGM Score of B complement that rank, while the Momentum Score of C signals less favorable price-based timing than the company’s earnings and valuation characteristics. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for fiscal 2027 earnings rose 7.3% over the past four weeks, reinforcing the positive revision trend behind the rank. Investors should still watch post-refund earnings quality, retail traffic and expansion-related costs before assuming the first-quarter pace will persist.
Here are three stocks with buy rank and strong value characteristics for investors to consider today, August 4:
Slide Insurance Holdings, Inc. (SLDE - Free Report) : This insurance company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.6% over the last 60 days.
Slide has a price-to-earnings ratio (P/E) of 5.34, compared with 12.40 for the industry. The company possesses a Value Score of A.
PicS N.V. (PICS - Free Report) : This financial services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.3% over the last 60 days.
PicS has a price-to-earnings ratio (P/E) of 9.71, compared with 22.82 for the S&P 500. The company possesses a Value Score of B.
Boot Barn Holdings, Inc. (BOOT - Free Report) : This lifestyle retail chain carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.3% over the last 60 days.
Boot Barn has a price-to-earnings ratio (P/E) of 16.71, compared with 22.82 for the S&P 500. The company possesses a Value Score of B.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Learn more about the Value score and how it is calculated here.
Investors interested in stocks from the Retail - Apparel and Shoes sector have probably already heard of Boot Barn (BOOT) and Tapestry (TPR). But which of these two stocks offers value investors a better bang for their buck right now?
Key Takeaways Boot Barn beat earnings and sales estimates, with both measures rising year over yearNew stores, 4.7% same-store sales growth and a 13.4% e-commerce gain supported revenues.Tariff refunds lifted margins, while Boot Barn raised its fiscal 2027 earnings and sales outlook. Boot Barn Holdings, Inc. (BOOT - Free Report) reported first-quarter fiscal 2027 results, wherein both top and bottom lines surpassed the Zacks Consensus Estimate and increased year over year. The western and workwear retailer benefited from strong new-store productivity, same-store sales growth, robust e-commerce demand and merchandise margin expansion. Management also raised its fiscal 2027 outlook, reflecting confidence in continued execution despite a softer start to the second quarter.
The quarterly earnings of $2.29 per share beat the Zacks Consensus Estimate of $1.69 by 35.5% and increased 31.6% from $1.74 reported in the year-ago quarter. Net sales rose 17.7% year over year to $593.5 million, surpassing the Zacks Consensus Estimate of $582 million by 2%. Sales growth was driven by new-store expansion and positive comparable sales across both retail stores and e-commerce.
Stores and Digital Support Boot Barn's Sales GrowthConsolidated same-store sales increased 4.7% during the quarter. Retail store same-store sales rose 3.8%, supported by a 3% increase in average unit retail, while transactions remained approximately flat. E-commerce same-store sales jumped 13.4%, driven by double-digit growth at bootbarn.com, underscoring continued strength in the company's omnichannel strategy.
Boot Barn opened 27 new stores during the quarter compared with 14 in the prior-year period, ending the quarter with 566 stores across 49 states. Management continues to expect 70 new store openings in fiscal 2027 and reiterated its long-term opportunity to expand to approximately 1,200 U.S. locations. New locations are projected to generate average annual sales of about $3.2 million, with an investment payback period of less than two years.
Across merchandise categories, men's western boots posted mid-single-digit growth, while women's western boots declined at a mid-single-digit rate against difficult prior-year comparisons. Men's and women's apparel increased at a high-single-digit pace, led by double-digit denim growth. Work boots delivered high-single-digit growth, marking the category's fifth consecutive quarter of positive growth, aided by improved merchandising, stronger marketing support and investments in key third-party brands.
Boot Barn Expands Margins on Tariff BenefitsGross profit increased 21.6% to $239.9 million, with the gross margin expanding about 130 basis points to 40.4%. Merchandise margin expanded by 220 basis points, including a 250-basis-point benefit from $14.7 million of tariff refunds and 60 basis points of product-margin expansion. These gains were partly offset by a 90-basis-point freight headwind.
SG&A expenses rose 18.1% to $149.4 million and represented 25.2% of sales, up roughly 10 basis points. Operating income climbed 28% to $90.5 million, while the operating margin expanded to 15.3% from 14% in the prior-year quarter.
BOOT Maintains Financial FlexibilityOperating cash flow rose to $83.8 million from $73.9 million a year earlier. Capital expenditures increased to $51.1 million from $31.5 million as the retailer continued investing in its store base and infrastructure. The company expects capital expenditures, net of estimated landlord-tenant allowances, between $125 million and $130 million for fiscal 2027.
BOOT ended the quarter with $139.3 million in cash and no borrowings under its revolving credit facility. The company repurchased more than 158,451 shares for $25 million during the quarter. It also doubled its revolving credit capacity to $500 million and extended the facility’s maturity to 2031.
Boot Barn Raises Fiscal 2027 OutlookBacked by its better-than-expected first-quarter performance, Boot Barn raised its fiscal 2027 outlook. Management now expects earnings in the range of $8.80-$9.23 per share, up from the previous guidance of $8.21-$8.64, including an estimated 46-cent benefit from tariff refunds.
Total sales are projected to be between $2.580 billion and $2.625 billion, while consolidated same-store sales are expected to increase 2-4% for the year, with retail store same-store sales growth of 1-3% and e-commerce same-store sales growth of 11-13%. The company had earlier total sales in the band of $2.578-$2.623 billion.
The merchandise margin rate is now expected to reach approximately 52.2% of sales, up 130 basis points year over year. The expansion includes 70 basis points from tariff refunds, 50 basis points from product-margin improvement and 10 basis points from lower freight costs. BOOT forecasts gross profit between $993 million and $1,016 million, or approximately 38.5% to 38.7% of sales.
For the second quarter, Boot Barn expects net sales of $572-$582 million, suggesting year-over-year growth of 13-15%. Consolidated same-store sales are projected to range from flat to up 2%, with retail store same-store sales between down 1% and up 1% and e-commerce same-store sales growth of 10% to 12%. Management expects earnings in the range of $1.55-$1.65 per share, including an estimated 6-cent benefit from tariff refunds.
Boot Barn expects second-quarter merchandise margin between $297 million and $302 million, or approximately 51.8% of sales, up 140 basis points year over year. The outlook includes an estimated $2.4 million benefit from tariff refunds. Gross profit is projected in the range of $208-$213 million, implying about 36.3%-36.6% of sales.
Management noted that consolidated same-store sales were approximately flat during the first four weeks of the second quarter. The moderation reflected fewer Western lifestyle stadium events and concerts, along with temporary traffic disruptions tied to World Cup broadcasts. Despite the softer July performance, management said the consumer remained healthy, reaffirmed confidence in its outlook for the balance of the year and maintained that Boot Barn was well positioned to deliver another year of profitable growth.
Shares of this Zacks Rank #3 (Hold) company have fallen 12% over the past three months against the industry’s rise of 4.5%.
Stocks Looking Red HotGenesco Inc. (GCO - Free Report) , a retailer and wholesaler of footwear, apparel, and accessories, flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Genesco’s current fiscal-year earnings indicates growth of 55.2% from the year-ago actuals. GCO delivered a trailing four-quarter average earnings surprise of 3.8%.
Designer Brands Inc. (DBI - Free Report) , one of the world's largest designers, producers, and retailers of footwear and accessories, currently carries a Zacks Rank #2 (Buy).
The Zacks Consensus Estimate for Canada Goose’s current fiscal-year sales and earnings calls for growth of 0.5% and 137.5%, respectively, from the year-ago actuals. DBI delivered a trailing four-quarter average earnings surprise of 112.8%.
Deckers Outdoor Corporation (DECK - Free Report) , a global leader in designing, marketing, and distributing innovative footwear, apparel and accessories, currently carries a Zacks Rank #2.
The Zacks Consensus Estimate for Deckers’ current fiscal-year sales and earnings calls for growth of 7.9% and 6.7%, respectively, from the year-ago actuals. DECK delivered a trailing four-quarter average earnings surprise of 15.2%.
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What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Boot Barn (BOOT - Free Report) Boot Barn Holdings, Inc. is the largest lifestyle retailer in the United States, specializing in western and work-related footwear, apparel, and accessories. Founded in 1978 and headquartered in Irvine, California, the company serves customers through an integrated network of brick-and-mortar stores and e-commerce platforms. At the end of fiscal 2026, Boot Barn operated 539 stores across 49 states and complemented its physical presence with a nationwide digital platform that supports services such as buy online, pick up in store, curbside pickup, ship-from-store and in-store returns.
BOOT is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Additionally, the company could be a top pick for growth investors. BOOT has a Growth Style Score of A, forecasting year-over-year earnings growth of 16.3% for the current fiscal year.
For fiscal 2027, one analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.00 to $8.55 per share. BOOT boasts an average earnings surprise of +11.4%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, BOOT should be on investors' short list.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
3 Retailers Poised to Outmaneuver Tariff and Recession ConcernsBoot Barn NYSE: BOOT reported first-quarter fiscal 2027 results that exceeded its expectations, with revenue rising 18% and earnings per diluted share increasing 32% from a year earlier. The retailer also raised its full-year outlook, though management said sales during the first four weeks of the fiscal second quarter were approximately flat as July traffic weakened.
Chief Executive Officer John Hazen said first-quarter revenue growth was supported by 27 store openings and consolidated same-store sales growth of 4.7%. The company ended the period with 566 locations in 49 states and remains on track to open 70 stores during fiscal 2027.
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3 Small Caps Drawing Insider and Institutional Support“First quarter results exceeded our expectations, reflected broad-based strength across the business,” Hazen said. He added that new stores are projected to generate average annual revenue of $3.2 million with an investment payback period of less than two years.
First-Quarter Sales and Earnings Net sales increased to $594 million in the first quarter. Consolidated same-store sales rose 4.7%, including a 3.8% increase in retail-store comparable sales and a 13.4% increase in e-commerce comparable sales.
Abercrombie & Fitch Hits 12-Year High...Is It Still Undervalued?Retail-store comp growth was driven by a 3% increase in average unit retail, while transactions were approximately flat. Hazen said growth was broad-based across most major categories. Men’s Western boots rose in the mid-single digits, while women’s Western boots declined in the mid-single digits against mid-teen comparable growth in the prior year. Men’s and women’s apparel each increased in the high single digits, supported by double-digit denim growth.
The Work business was a particular area of strength. Work boots delivered high-single-digit comp growth, its fifth consecutive quarter of growth and its strongest growth in recent years, according to Hazen. He attributed the momentum to improved in-store merchandising, increased marketing and investments in key third-party brands.
Chief Financial Officer Jim Watkins said merchandise margin increased 220 basis points year over year. The improvement included a 250-basis-point benefit from tariff refunds and 60 basis points of product-margin expansion, partly offset by a 90-basis-point headwind from lapping lower freight costs in the prior-year period.
Gross profit rate increased 130 basis points, while selling, general and administrative expense was $149 million, or 25.2% of sales. Income from operations was $91 million, or 15.3% of sales. Earnings per diluted share rose to $2.29 from $1.74 a year earlier, including a $0.38 per-share benefit from tariff refunds.
July Trends and Second-Quarter Outlook Management said consolidated comparable sales were approximately flat through the first four weeks of the second quarter. Hazen said the moderation from first-quarter growth was largely anticipated because the company was comparing against the strongest month of last year’s second quarter, but July results came in below its original expectations.
Boot Barn cited fewer Western Lifestyle stadium events and concerts, as well as the temporary effect of World Cup matches on customer traffic during televised games. Hazen said the traffic pressure was seen across geographies and was more pronounced in women’s Western categories, particularly leather boots. Average unit retail remained healthy, he said.
Management characterized July as an unusual, short-term period rather than a broader change in customer health. Hazen said the company was not seeing evidence of a “K-shaped” consumer environment, in which lower-income customers cut back more sharply than higher-income shoppers. Work apparel and Work boots continued to post high-single-digit comparable growth in July, he said.
For the second quarter, Boot Barn expects at the high end of its guidance range:
Total sales of $582 million. Consolidated same-store sales growth of 2%. Merchandise margin of approximately 51.8% of sales. Income from operations of $67 million, or 11.5% of sales. Earnings per diluted share of $1.65, compared with $1.37 in the prior-year quarter. Watkins said the company built its second-quarter outlook by applying July’s sales trend to historical seasonality, then adding roughly one point of comparable-sales growth to account for what it viewed as artificially weak July sales. He noted that comparisons become easier later in the quarter.
Tariff Refunds, Margins and Full-Year Guidance Boot Barn received a $14.7 million first-quarter merchandise-margin benefit from tariff refunds, along with $500,000 of related interest income. The company expects tariff refunds to add $2.4 million to second-quarter merchandise margin and $700,000 in the third quarter. For the full year, it expects $17.8 million of merchandise-margin benefit and $500,000 of interest income, equating to an estimated $0.46 benefit to earnings per share.
Excluding tariff refunds, Hazen said first-quarter merchandise margin exceeded expectations because of stronger product margins. While exclusive brands remain an important driver of margin expansion, the strength of third-party Work boot brands reduced exclusive-brand penetration more than anticipated.
Boot Barn now expects full-year exclusive-brand penetration to be approximately flat to slightly down from the prior year. Hazen said that outcome reflects strong demand for third-party Work boots and is positive for sales, new-customer acquisition and the company’s position in the Work category. The company continues to target 50% exclusive-brand penetration over the longer term.
At the high end of its updated fiscal 2027 outlook, Boot Barn expects:
Total sales of $2.6 billion, up 16% from fiscal 2026. Consolidated same-store sales growth of 4%, including 3% retail-store comp growth and 13% e-commerce comp growth. Merchandise margin of approximately 52.2% of sales, up 130 basis points year over year. Gross profit rate of approximately 38.7% of sales. Operating income of $374 million, or 14.3% of sales. Net income of $281 million and earnings per diluted share of $9.23, representing 26% EPS growth. Store Expansion, Inventory and Capital Position Inventory increased 16% year over year to $900 million, while same-store inventory rose 1%. Watkins said the total inventory increase reflects the needs of new stores, exclusive brands and purchases made at volume discounts. Management said markdowns as a percentage of inventory remain below historical standards and that it is comfortable with inventory health, including in women’s leather boots.
During the quarter, Boot Barn repurchased more than 158,000 shares for $25 million under its $200 million share-repurchase authorization. Since beginning repurchases in fiscal 2026, the company has repurchased $75 million of stock, representing about 445,000 shares.
The company finished the quarter with $139 million in cash and no borrowings under its line of credit. It also amended its revolving credit facility, doubling capacity to $500 million and extending the maturity date to 2031.
About Boot Barn (NYSE:BOOT)Boot Barn, Inc is a leading specialty retailer focused on western and work-related footwear, apparel and accessories. The company operates full-price and outlet retail stores under the Boot Barn and BootBarn.com brands, offering a wide assortment of cowboy boots, work boots, casual and fashion footwear, western and work apparel, hats, belts and related accessories. In addition to its brick-and-mortar network, Boot Barn maintains an e-commerce platform to serve customers seeking ranch-and-rodeo style clothing and rugged workwear from coast to coast.
Founded in 1978 in Southern California, Boot Barn began as a single store catering to ranchers, farmworkers and western enthusiasts.
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Boot Barn (BOOT - Free Report) came out with quarterly earnings of $2.29 per share, beating the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $1.74 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +35.50%. A quarter ago, it was expected that this Western apparel and footwear retailer would post earnings of $1.43 per share when it actually produced earnings of $1.45, delivering a surprise of +1.4%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Boot Barn, which belongs to the Zacks Retail - Apparel and Shoes industry, posted revenues of $593.52 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.99%. This compares to year-ago revenues of $504.07 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Boot Barn shares have lost about 10.1% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for Boot Barn?While Boot Barn has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Boot Barn was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.68 on $596.53 million in revenues for the coming quarter and $8.56 on $2.61 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Apparel and Shoes is currently in the top 20% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Canada Goose (GOOS - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on July 30.
This high-end coat maker is expected to post quarterly loss of $0.63 per share in its upcoming report, which represents a year-over-year change of +4.6%. The consensus EPS estimate for the quarter has been revised 8.3% higher over the last 30 days to the current level.
Canada Goose's revenues are expected to be $80.3 million, up 3.1% from the year-ago quarter.
Boot Barn (BOOT - Free Report) reported $593.52 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 17.7%. EPS of $2.29 for the same period compares to $1.74 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $581.92 million, representing a surprise of +1.99%. The company delivered an EPS surprise of +35.5%, with the consensus EPS estimate being $1.69.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Boot Barn performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Same Store Sales growth/(decline): 4.7% versus the three-analyst average estimate of 4.3%.Store Count - Opened/Acquired: 27 versus the two-analyst average estimate of 25.Average retail store selling square footage, end of period: 11,414 versus the two-analyst average estimate of 11,354.Store Count (EOP): 566 versus 564 estimated by two analysts on average.Total retail store selling square footage, end of period: 6.46 million versus the two-analyst average estimate of 6.43 million.View all Key Company Metrics for Boot Barn here>>>
Shares of Boot Barn have returned -3.4% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
IRVINE, Calif.--(BUSINESS WIRE)--Boot Barn Holdings, Inc. (NYSE: BOOT) (the “Company,” “we,” “us,” and “our”) today announced its financial results for the first fiscal quarter ended June 27, 2026. A Supplemental Financial Presentation is available at investor.bootbarn.com. For the quarter ended June 27, 2026 compared to the quarter ended June 28, 2025: Net sales increased 17.7% to $593.5 million. Same store sales increased 4.7%, with retail store same store sales increasing 3.8% and e-commerce.
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The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
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VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
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Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
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Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Boot Barn (BOOT - Free Report) Boot Barn Holdings, Inc. is the largest lifestyle retailer in the United States, specializing in western and work-related footwear, apparel, and accessories. Founded in 1978 and headquartered in Irvine, California, the company serves customers through an integrated network of brick-and-mortar stores and e-commerce platforms. At the end of fiscal 2026, Boot Barn operated 539 stores across 49 states and complemented its physical presence with a nationwide digital platform that supports services such as buy online, pick up in store, curbside pickup, ship-from-store and in-store returns.
BOOT is a #2 (Buy) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 17.27; value investors should take notice.
For fiscal 2027, one analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.01 to $8.56 per share. BOOT boasts an average earnings surprise of +5.6%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, BOOT should be on investors' short list.
IRVINE, Calif.--(BUSINESS WIRE)--Boot Barn Holdings, Inc. (NYSE: BOOT) today announced that the company will release its financial results for the first quarter fiscal year 2027 ended June 27, 2026, after the market close on Wednesday, July 29, 2026. Management will host a conference call that afternoon (July 29, 2026) at 4:30 p.m. ET (1:30 p.m. PT) to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial (844) 825-9789 at 4:25 p.m. ET.
Key Takeaways Boot Barn's e-commerce comparable sales rose 14.1% in fiscal 2026 Q4, outpacing same-store sales growth.BOOT's exclusive-brand websites for Cheyenne and CLEO & WOLF enhance product discovery & attract new shoppers.Boot Barn expects 13% e-commerce comparable sales growth in fiscal 2027 from digital investments. Boot Barn Holdings, Inc.’s (BOOT - Free Report) omnichannel strategy remains a key growth driver in the fourth quarter of fiscal 2026, reflecting the company's continued investments in digital capabilities, exclusive brands and customer engagement. While consolidated same-store sales increased 6.1%, e-commerce comparable sales surged 14.1%, led by double-digit growth on BootBarn.com. Management believes its integrated omnichannel model is expanding customer reach while strengthening the brand's long-term competitive position.
A major pillar of the company's strategy is the expansion of its exclusive brands through dedicated digital platforms. During the quarter, Boot Barn launched standalone websites for Cheyenne and CLEO & WOLF, following the earlier launches of Cody James and Hawx. These platforms enhance brand storytelling, improve product discovery and position the exclusive labels as standalone brands. Management said the new websites have delivered encouraging early results while helping attract new customers to the Boot Barn ecosystem.
The retailer is also leveraging artificial intelligence to strengthen its omnichannel capabilities. Artificial intelligence (AI) is being used to drive incremental traffic across online and physical stores, enhance the customer experience, improve operating efficiency and allow employees to focus on higher-value activities. Meanwhile, balanced marketing investments across stores and e-commerce support customer acquisition, contributing to a 12.5% increase in the active loyalty database to 10.8 million members in fiscal 2026.
Management highlighted that approximately 70% of shoppers purchasing through its exclusive-brand websites are entirely new customers, with many later converting into Boot Barn shoppers. Social media platforms, particularly Meta and TikTok, have been instrumental in driving this discovery through targeted marketing.
Boot Barn expects e-commerce comparable sales to increase 13% in fiscal 2027, supported by continued investments in AI, digital marketing and exclusive-brand expansion, reinforcing its omnichannel as a key pillar of its long-term growth strategy.
Boot Barn’s Price Performance, Valuation & EstimatesShares of Boot Barn have lost 8.8% over the past year against the industry’s 1.8% growth.
Image Source: Zacks Investment Research
From a valuation standpoint, BOOT trades at a trailing price-to-sales ratio of 2.10X, above the industry’s average of 1.46X. It has a Value Score of B.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Boot Barn’s fiscal 2027 earnings implies year-over-year growth of 16.3%, while the same for fiscal 2028 indicates an uptick of 15.6%. Estimates for fiscal 2027 and 2028 have remained unchanged over the past 30 days.
Image Source: Zacks Investment Research
Boot Barn currently carries a Zacks Rank #2 (Buy).
Other Key PicksGenesco Inc. (GCO - Free Report) is a Nashville-based specialty retailer and branded company. It sells footwear and accessories through retail stores. The company flaunts a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Genesco’s current fiscal-year earnings indicates growth of 55.2% from the year-ago actuals. GCO delivered a trailing four-quarter average earnings surprise of 3.8%.
Designer Brands Inc. (DBI - Free Report) designs, produces and retails footwear and accessories. It offers shoes, boots, sandals, sneakers, socks, handbags and accessories. It currently carries a Zacks Rank #2.
The Zacks Consensus Estimate for Designer Brands’ current fiscal-year earnings and sales suggests growth of 137.5% and 0.5%, respectively, from the year-ago actuals. DBI delivered a trailing four-quarter average earnings surprise of 112.8%.
Tapestry, Inc. (TPR - Free Report) is the designer and marketer of fine accessories and gifts for women and men in the United States and internationally. The company also holds a Zacks Rank #2 at present.
The Zacks Consensus Estimate for Tapestry’s current fiscal-year earnings and sales indicates growth of 36.5% and 13.9%, respectively, from the year-ago actuals. TPR delivered a trailing four-quarter average earnings surprise of 15.6%.
Investors interested in stocks from the Retail - Apparel and Shoes sector have probably already heard of Boot Barn (BOOT - Free Report) and Tapestry (TPR - Free Report) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.
There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.
Currently, both Boot Barn and Tapestry are holding a Zacks Rank of #2 (Buy). Investors should feel comfortable knowing that both of these stocks have an improving earnings outlook since the Zacks Rank favors companies that have witnessed positive analyst estimate revisions. But this is only part of the picture for value investors.
Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
BOOT currently has a forward P/E ratio of 18.02, while TPR has a forward P/E of 18.23. We also note that BOOT has a PEG ratio of 1.08. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. TPR currently has a PEG ratio of 1.29.
Another notable valuation metric for BOOT is its P/B ratio of 3.56. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, TPR has a P/B of 41.53.
These metrics, and several others, help BOOT earn a Value grade of B, while TPR has been given a Value grade of C.
Both BOOT and TPR are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that BOOT is the superior value option right now.
Investors in Boot Barn Holdings, Inc. (BOOT - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Aug. 21, 2026 $115.00 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?Clearly, options traders are pricing in a big move for Boot Barn shares, but what is the fundamental picture for the company? Currently, Boot Barn is a Zacks Rank #3 (Hold) in the Retail - Apparel and Shoes industry that ranks in the Top 22% of our Zacks Industry Rank. Over the last 60 days, two analysts have increased their earnings estimates for the current quarter, while none have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from $1.56 per share to $1.69 in that period.
Given the way analysts feel about Boot Barn right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
Key Takeaways Boot Barn is using stores, exclusive brands and digital growth to support a balanced expansion model.Fiscal 2026 comps rose 7.2%, with retail stores up 6.2% and e-commerce sales increasing 15.3%.BOOT plans 70 store openings in fiscal 2027, supporting expected sales growth of 14-16%. Boot Barn Holdings, Inc. (BOOT - Free Report) is leaning on a balanced growth model that combines store expansion, category depth, exclusive brands and digital execution.
For investors, the question is whether those strengths can keep driving sales while near-term margin pressure from occupancy, freight and expansion costs remains part of the story.
Boot Barn Demand Drivers Still Look BroadBoot Barn’s demand base is not tied to a single trend. The company serves western lifestyle and workwear customers across footwear, apparel, hats, accessories and related categories, giving it a broader retail position than a narrow fashion concept.
Fiscal 2026 same-store sales increased 7.2%, with retail stores up 6.2% and e-commerce up 15.3%. Fourth-quarter comps rose 6.1%, helped by higher transaction count and average unit retail, with strength across men’s western boots, ladies’ western boots, apparel and denim.
The durability signal is also meaningful. Many of Boot Barn’s top-selling styles have been in the assortment for more than five years, which lowers fashion-cycle risk and supports a steadier core merchandise base.
For comparison, Tractor Supply Company (TSCO - Free Report) gives investors another rural and work-related retail reference point. Deckers Outdoor Corporation (DECK - Free Report) is a relevant footwear and lifestyle-brand peer when assessing how branded product identity can shape consumer demand.
BOOT Store Expansion Is Still the Main EngineStores remain central to Boot Barn’s long-term thesis. The company ended fiscal 2026 with 539 stores across 49 states, while management believes the United States can support about 1,200 locations over time.
New-store economics remain attractive. Boot Barn targets roughly $3.2 million in first-year sales on about $1.7 million of total net investment, with a payback period of about 1.8 years.
The store base has already reshaped the company. Boot Barn opened 267 stores over the past five years, effectively doubling its chain, and those locations contributed more than $750 million of fiscal 2026 revenues.
The company opened 80 stores in fiscal 2026 and plans 70 openings in fiscal 2027. That expansion is expected to help support fiscal 2027 sales growth of 14-16%.
Boot Barn Brands Add Margin and IdentityExclusive brands are becoming a larger part of the Boot Barn model. Their penetration rose 220 basis points in fiscal 2026 to 40.8% of sales.
That shift matters because in-house labels do more than broaden product choice. Brands such as Cody James, Shyanne, Hawx and Cleo + Wolf help Boot Barn address specific customer needs while differentiating its assortment from retailers that rely more heavily on third-party labels.
Exclusive brands also support the margin story. Merchandise margin expanded 80 basis points in fiscal 2026, helped by buying scale, supply-chain efficiencies and higher exclusive brand penetration.
Management expects exclusive brand penetration to reach 41.3% in fiscal 2027 and continues to target 50% over time. That provides a longer-term path to product differentiation and profitability support.
Image Source: Zacks Investment Research
BOOT Digital Strategy Expands ReachBoot Barn’s digital strategy is designed to reinforce the physical fleet, not replace it. Stores still generated about 90% of fiscal 2026 sales, while e-commerce represented about 10%.
Website visits exceeded 164 million in fiscal 2026, up from more than 114 million in fiscal 2025. In the fourth quarter, e-commerce same-store sales increased 14.1%, faster than the retail store comp gain.
Omnichannel services add convenience across channels. Boot Barn supports buy online, pick up in store, curbside pickup, ship-from-store and in-store returns, tying digital traffic back to the store base.
The company is also investing in dedicated brand sites and artificial intelligence tools, including Range Finder and a piloted in-store consumer AI solution. Fiscal 2027 guidance calls for e-commerce same-store sales growth of 11-13%.
Boot Barn Signals Point to Growth With CautionThe bottom line is that Boot Barn still has several credible growth levers, led by stores, resilient categories, exclusive brands and digital reach. The caution is that faster expansion is also adding near-term cost pressure.
Gross margin declined 80 basis points in the fourth quarter of fiscal 2026. For the first quarter of fiscal 2027, management expects gross margin of 37.1-37.3%, down from 39.1% a year earlier, reflecting freight and occupancy headwinds.
BOOT currently carries a Zacks Rank #3 (Hold). That rank suggests a more balanced near-term setup rather than a clear positive or negative earnings-revision signal. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The stock also has a VGM Score of A, with a Growth Score of A and Momentum Score of A, but a Value Score of C. That mix supports the view that operating momentum remains visible, while investors should stay alert to valuation and margin pressure.
Key Takeaways BOOT expects fiscal 2027 net sales to rise 14-16%, supported by 70 planned store openings.E-commerce same-store sales are projected to rise 11-13% in fiscal 2027, outpacing retail stores.Margin pressure from occupancy, freight and distribution costs keeps BOOT's near-term setup mixed. Boot Barn Holdings, Inc. (BOOT - Free Report) gives investors a clear trade-off. Sales trends, store growth and digital momentum remain healthy, but the margin outlook is less clean.
The stock is not an obvious bargain. BOOT may still fit growth-oriented investors, but the near-term setup supports patience more than aggressive buying.
BOOT Sales Growth Looks Hard to IgnoreBOOT expects fiscal 2027 net sales to grow 14% to 16% year over year, supported by 70 planned store openings and continued same-store sales gains. Management projects consolidated same-store sales growth of 2% to 4%, with retail stores up 1% to 3%.
E-commerce remains the faster-growing channel, with same-store sales expected to rise 11% to 13% for fiscal 2027. Recent results support that outlook. Fourth-quarter fiscal 2026 net sales rose 18.7% to $538.8 million, while consolidated same-store sales increased 6.1%.
New-store economics add to the bullish case. Boot Barn targets about $3.2 million in first-year sales per new store, with roughly $1.7 million of total net investment and a payback period of about 1.8 years.
Boot Barn Margins Face a Tough Near-Term TestMargin pressure is the key reason to avoid chasing the stock. For the first quarter of fiscal 2027, Boot Barn expects gross margin of 37.1% to 37.3%, down from 39.1% in the year-ago period.
The full-year picture is also softer. Fiscal 2027 gross margin is expected to be 37.7% to 37.9%, below fiscal 2026’s 38.1%. Higher occupancy, freight and distribution costs are weighing on profitability.
The hurdle rate has also moved higher. Boot Barn expects to leverage buying, occupancy and distribution center costs only at 10% same-store sales growth for fiscal 2027. That means even healthy sales growth may not quickly translate into stronger margins.
BOOT Valuation Looks Balanced, Not CheapBOOT trades at 17.54X forward 12-month earnings. That is below the Zacks sector and the S&P 500, but above the Zacks sub-industry multiple of 14.08X.
The stock also sits close to its own five-year median of 18.42X. That makes the valuation look balanced rather than deeply discounted.
A $166 price target, based on 18.59X forward 12-month earnings, leaves some room for upside from the recent stock price. Still, the setup does not scream cheap given the margin risks.
Image Source: Zacks Investment Research
Boot Barn Balance Sheet Supports PatienceBoot Barn has the financial flexibility to keep investing through the margin squeeze. The company ended fiscal 2026 with $141 million in cash and no borrowings under its $250 million revolving credit facility.
Operating cash flow also improved sharply. Net cash provided by operating activities was $304.9 million in fiscal 2026, compared with $147.5 million in fiscal 2025.
The company continues to fund growth, with fiscal 2027 capital expenditures expected at $125-$130 million. It also repurchased 286,504 shares for $50 million during fiscal 2026.
For investors comparing specialty retail names, Academy Sports and Outdoors, Inc. (ASO - Free Report) offers another way to assess discretionary spending trends across footwear, apparel and outdoor categories. Tractor Supply Company (TSCO - Free Report) is also relevant because rural lifestyle and work-oriented retail demand can overlap with parts of Boot Barn’s customer base.
BOOT Ratings Show Why the Call Is MixedThe bottom line is that BOOT looks more like a watch-and-selectively-buy growth story than a clear value play. The sales engine is working, but near-term earnings quality is being tested by freight, occupancy and expansion costs.
The stock currently carries a Zacks Rank #3 (Hold). That rank points to a neutral short-term setup rather than a strong near-term buying signal. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Style Scores are more favorable for growth investors. BOOT has a VGM Score of A, a Growth Score of A and a Momentum Score of A, suggesting solid growth and price-trend characteristics. Its Value Score of C is the offset, reinforcing the view that the stock is better suited to investors prioritizing growth and momentum over a discounted entry point.
Key Takeaways Boot Barn's fiscal 2026 same-store sales rose 7.2%, led by e-commerce growth of 15.3%.Exclusive brands reached 40.8% of BOOT sales, helping merchandise margin expand 80 basis points.BOOT ended fiscal 2026 with 539 stores and sees long-term potential for about 1,200 U.S. stores. Boot Barn Holdings, Inc. (BOOT - Free Report) offers a useful window into several trends shaping specialty retail. Investors can use BOOT to track how western lifestyle demand, exclusive brands, omnichannel tools and store-led expansion are changing niche apparel and footwear retail.
BOOT enters fiscal 2027 with healthy sales momentum, a larger store base and a clearer role for technology inside the store network.
Boot Barn Is Riding Western Lifestyle DemandBoot Barn is benefiting from sustained category demand rather than a short-lived fashion cycle. Fiscal 2026 consolidated same-store sales increased 7.2%, with retail store same-store sales up 6.2% and e-commerce same-store sales up 15.3%.
The demand profile was broad. Fourth-quarter same-store sales rose 6.1%, supported by higher transaction count and average unit retail, with strength across men’s western boots, ladies’ western boots, apparel and denim.
Many top-selling styles have been in the assortment for more than five years. That consistency, combined with category and geographic breadth, supports the view that western lifestyle demand has a durable base.
BOOT Shows Private Labels Gaining PowerBOOT’s exclusive-brand progress points to a broader retail shift toward owned labels. Exclusive brands represented 40.8% of fiscal 2026 sales, up 220 basis points from the prior year and up 1,900 basis points over six years.
The company uses proprietary labels to address underserved product categories and price points. Cody James, Shyanne, Hawx and Cleo + Wolf help Boot Barn offer differentiated assortments across western lifestyle and workwear.
Brand ownership also supports loyalty and margin potential. Fiscal 2026 merchandise margin expanded 80 basis points, helped by exclusive-brand growth, buying economies of scale and supply-chain efficiencies. Deckers Outdoor Corporation (DECK - Free Report) gives investors another specialty-footwear comparison point built around category-focused brands.
Boot Barn Tech Is Blending Stores and DigitalBoot Barn is not treating digital as a separate business. Its technology investments are aimed at making stores more useful and expanding product access.
The omnichannel tool kit includes a mobile app, AI-enabled Range Finder, the WHIP endless-aisle platform and Cassidy, an in-store consumer AI pilot. Stores also support buy online, pick up in store, curbside pickup, ship-from-store and in-store returns.
That model uses physical stores as selling floors and fulfillment nodes. Fiscal 2026 website visits exceeded 164 million, and e-commerce accounted for 10.4% of consolidated sales.
Image Source: Zacks Investment Research
BOOT Expansion Reflects a Still-Open White SpaceBoot Barn’s expansion shows how specialized concepts can still take share nationally. The company ended fiscal 2026 with 539 stores across 49 states and opened 80 stores during the year.
Management believes the United States can support about 1,200 Boot Barn stores over time. That view leaves meaningful geographic white space even after years of rapid expansion.
The store model remains central to the growth case. Over the past five years, Boot Barn opened 267 stores, effectively doubling the chain, and these stores contributed more than $750 million of fiscal 2026 revenues. Levi Strauss & Co. (LEVI - Free Report) offers a relevant denim and apparel benchmark for investors tracking heritage categories within modern retail assortments.
Boot Barn Screens Well for Trend-Focused InvestorsBoot Barn screens well for trend-focused investors because the operating story lines up with durable niche demand, private-label growth, store-enabled digital tools and national expansion.
The stock currently carries a Zacks Rank #3 (Hold), which tempers the near-term call. A Rank #3 can be appropriate to hold, but it does not carry the same positive earnings-estimate signal as a Zacks Rank #1 (Strong Buy) or Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
BOOT’s Style Scores add more nuance. The stock has a VGM Score of A, Growth Score of A and Momentum Score of A, indicating favorable growth and momentum characteristics within the Zacks framework. Its Value Score of C is the caveat. Trend strength and operating momentum do not automatically mean the shares are inexpensive.
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Boot Barn (BOOT - Free Report) Boot Barn Holdings, Inc. is the largest lifestyle retailer in the United States, specializing in western and work-related footwear, apparel, and accessories. Founded in 1978 and headquartered in Irvine, California, the company serves customers through an integrated network of brick-and-mortar stores and e-commerce platforms. At the end of fiscal 2026, Boot Barn operated 539 stores across 49 states and complemented its physical presence with a nationwide digital platform that supports services such as buy online, pick up in store, curbside pickup, ship-from-store and in-store returns.
BOOT is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Additionally, the company could be a top pick for growth investors. BOOT has a Growth Style Score of A, forecasting year-over-year earnings growth of 16.3% for the current fiscal year.
For fiscal 2027, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.01 to $8.55 per share. BOOT boasts an average earnings surprise of +5.6%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, BOOT should be on investors' short list.
IRVINE, Calif.--(BUSINESS WIRE)--Boot Barn Holdings, Inc. (NYSE: BOOT) today announced that the company will release its financial results for the fourth quarter and fiscal year 2026 ended March 28, 2026, after the market close on Thursday, May 14, 2026. Management will host a conference call that afternoon (May 14, 2026) at 4:30 p.m. ET (1:30 p.m. PT) to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial (844) 825-9789 at 4:25 p.m.
Key Takeaways Boot Barn likely saw strength across western boots, apparel and workwear categories.BOOT continued expanding exclusive brands through standalone websites and digital initiatives.Boot Barn margins may have faced pressure from freight, shrink and store opening costs. Boot Barn Holdings, Inc. (BOOT - Free Report) is slated to report its fourth-quarter fiscal 2026 results on May 14, after market close. The Zacks Consensus Estimate for revenues is pegged at $532.8 million, implying 17.4% growth from the prior year. Meanwhile, the consensus mark for earnings has remained unchanged at $1.43 per share over the past 30 days and suggests a 17.2% increase from the year-ago period. BOOT has a trailing four-quarter earnings surprise of 4.9%, on average.
Key Factors to Observe for BOOT's Q4 EarningsBoot Barn’s fourth-quarter performance is likely to have benefited from continued strength across stores and e-commerce channels, healthy consumer demand across core western and workwear categories and sustained transaction growth. Broad-based momentum across men’s and women’s western boots, apparel and denim suggests that the company continued to benefit from resilient demand trends and strong customer engagement.
Digital initiatives are likely to have remained another growth driver during the quarter. Boot Barn has been expanding the reach of its exclusive brands through dedicated standalone websites for labels such as Cody James and Hawx, which management indicated were helping attract new customers and enhance brand awareness. Continued momentum in exclusive brands, combined with disciplined full-price selling and targeted merchandising efforts, is likely to have supported both sales trends and product differentiation during the period.
The company’s aggressive store expansion strategy is also likely to have contributed positively to quarterly results. Boot Barn has continued opening stores across both existing and newer markets, supported by healthy productivity trends and favorable customer response. In addition, buying economies of scale, supply-chain efficiencies and higher penetration of exclusive brands are likely to have been supportive of merchandise margin performance during the quarter.
That said, margins in the fiscal fourth quarter might have faced pressure from higher freight expenses, normalized shrink levels and occupancy deleverage associated with accelerated store openings.
What the Zacks Model Says About BOOT’s Q4 EarningsAs investors prepare for BOOT’s fiscal fourth-quarter results, the question looms regarding earnings beat or miss. Our proven model does not conclusively predict an earnings beat for BOOT this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that’s not the case here.
BOOT has an Earnings ESP of 0.00% and a Zacks Rank #4 (Sell). You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks With the Favorable CombinationHere are three companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season:
Casey’s General Stores, Inc. (CASY - Free Report) currently has an Earnings ESP of +1.02% and a Zacks Rank of 3. The Zacks Consensus Estimate for fourth-quarter fiscal 2026 earnings per share is pegged at $3.44, which implies 30.8% year over year growth. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for quarterly revenues is pegged at $4.33 billion, implying 8.4% year-over-year growth. CASY has a trailing four-quarter negative earnings surprise of 20%, on average.
Capri Holdings, Inc. (CPRI - Free Report) currently has an Earnings ESP of +20.37% and a Zacks Rank of 3. The Zacks Consensus Estimate for fourth-quarter fiscal 2026 earnings per share is pegged at 11 cents, which implies 102.2% year over year growth.
The Zacks Consensus Estimate for quarterly revenues is pegged at $803.7 million, implying 22.4% year-over-year decline. CPRI has a trailing four-quarter negative earnings surprise of 698.9%, on average.
Costco Wholesale Corporation (COST - Free Report) currently has an Earnings ESP of +1.14% and a Zacks Rank of 3. The Zacks Consensus Estimate for third-quarter fiscal 2026 earnings per share is pegged at $4.9, which implies 14.7% year over year growth.
The Zacks Consensus Estimate for quarterly revenues is pegged at $69.4 billion, implying 9.7% year-over-year decline. COST has a trailing four-quarter negative earnings surprise of 1.1%, on average.
IRVINE, Calif.--(BUSINESS WIRE)--Boot Barn Holdings, Inc. (NYSE: BOOT) (the “Company,” “we,” “us,” and “our””) today announced its financial results for the fourth fiscal quarter and fiscal year ended March 28, 2026. A Supplemental Financial Presentation is available at investor.bootbarn.com. For the quarter ended March 28, 2026 compared to the quarter ended March 29, 2025: Net sales increased 18.7% over the prior-year period to $538.8 million. Same store sales increased 6.1%, with retail store.
Boot Barn (BOOT - Free Report) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.22 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +1.40%. A quarter ago, it was expected that this Western apparel and footwear retailer would post earnings of $2.79 per share when it actually produced earnings of $2.79, delivering no surprise.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Boot Barn, which belongs to the Zacks Retail - Apparel and Shoes industry, posted revenues of $538.75 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.13%. This compares to year-ago revenues of $453.75 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Boot Barn shares have lost about 17.7% since the beginning of the year versus the S&P 500's gain of 8.8%.
What's Next for Boot Barn?While Boot Barn has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Boot Barn was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.95 on $577.9 million in revenues for the coming quarter and $8.54 on $2.57 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Apparel and Shoes is currently in the bottom 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Gap (GAP - Free Report) , is yet to report results for the quarter ended April 2026. The results are expected to be released on May 28.
This clothing chain is expected to post quarterly earnings of $0.39 per share in its upcoming report, which represents a year-over-year change of -23.5%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Gap's revenues are expected to be $3.53 billion, up 1.8% from the year-ago quarter.
Boot Barn (BOOT - Free Report) reported $538.75 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 18.7%. EPS of $1.45 for the same period compares to $1.22 a year ago.
The reported revenue represents a surprise of +1.13% over the Zacks Consensus Estimate of $532.75 million. With the consensus EPS estimate being $1.43, the EPS surprise was +1.4%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Boot Barn performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Same Store Sales growth/(decline): 6.1% compared to the 4.4% average estimate based on three analysts.Store Count - Opened/Acquired: 25 versus the two-analyst average estimate of 15.Average retail store selling square footage, end of period: 11,404 versus the two-analyst average estimate of 11,304.Store Count (EOP): 539 versus the two-analyst average estimate of 529.Total retail store selling square footage, end of period: 6.15 million versus 5.95 million estimated by two analysts on average.View all Key Company Metrics for Boot Barn here>>>
Shares of Boot Barn have returned -8.1% over the past month versus the Zacks S&P 500 composite's +8.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
