Boot Barn: Strong Cash Position, Long-Term Growth Prospects, Short-Term Headwinds [Seeking Alpha]
Boot Barn Holdings, Inc. (BOOT)
Last boot barn holdings, inc. earnings: 2/4 04:10 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.bootbarn.com/investor-relations/overview/default.aspx
Company Research
Source: Seeking Alpha
The company's e-commerce sales and same-store sales have declined, but new store sales have softened the blow. Despite short-term challenges, BOOT has a strong cash position and a long-term growth strategy, making it an attractive investment option. One year ago, I recommended a bullish stance on Boot Barn, Inc. ( NYSE: BOOT ) for a number of reasons. Firstly, the company is well positioned in a TAM of $40 billion industry by mainstreaming its portfolio, which includes a large number of higher margined exclusive brands, while still benefitting from its focus on Western and workwear, which has less competition and stickier customers than your typical retailer and therefore less prone to discounting actions. Secondly, it has doubled its revenue in three years by growth in the format of new and higher revenue-generating store models throughout the US. The company has a strong cash position and plans to add 500 additional stores in the next six years, expecting this to contribute an
Show less
Read more
Impact Snapshot
Event Time:
BOOT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BOOT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BOOT alerts
High impacting Boot Barn Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
BOOT
News
- Boot Barn's Growth Is Impressive, But The Stock Is Not An Opportunity [Seeking Alpha]Seeking Alpha
- Boot Barn Holdings, Inc. (NYSE: BOOT) had its price target raised by analysts at Piper Sandler from $94.00 to $110.00. They now have an "overweight" rating on the stock.MarketBeat
- Beyoncé bounce: Western boot sales jump more than 20% week over week since ‘Cowboy Carter' launch [CNBC]CNBC
- Boot Barn (BOOT) Is Staying Ahead of the Curve: Here's Why [Yahoo! Finance]Yahoo! Finance
- Mineral Wells council updated on airport plan, Main Street and economic development success [Yahoo! Finance]Yahoo! Finance
BOOT
Earnings
- 1/31/24 - Beat
BOOT
Sec Filings
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- BOOT's page on the SEC website