Retail-Shoe Stores · SIC 5661

Boot Barn Holdings, Inc.

BOOT

Watch

Latest revenue

$705.6M

as of 2025-12-27

Latest net income

as of 2025-12-27

Net margin

as of 2025-12-27

6.0
of 10

ActaClear Score

Above avg
#2 of 4 in Retail-Shoe Stores
new
Profitability·25%
7.8
Growth·15%
10.0
Value·20%
3.3
Quality·20%
Momentum·20%
3.3

Computed from 5 years of SEC fundamentals + latest market data, ranked within Retail-Shoe Stores (4 peers). 10 = best in industry, 5 = median, 0 = worst. Refreshed Jun 6, 2026.

0.51
Price / FV

Fair value · DCF

Deeply undervalued
~96% upside at this growth
17.8% / yr
-5%30%
Terminal growthWACC 9.8% · 10y forecast
Current price
$167
DCF fair value
$328
FCF base (last FY)
$225.88M
Net debt
$-141.04M

DCF: 10-year forecast of free cash flow, discounted at the company's WACC, with a Gordon-growth terminal at year 10. FCF is proxied by last fiscal-year net income (proper FCF needs CFO − CapEx by year, which we don't store yet). Drag the slider to test your own growth thesis — the dominant assumption in any DCF is what comes next, not what the math does with it. Beta defaults to 1.0 when not reported.

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Price · 5Y

+17.2% / yr 2.5 pts / yr vs S&P 500 120.8% total
Compare:

Live market

delayed ≤15 min
$167.47
Market cap
$5.08B
Enterprise value
$5.02B
P/E (trailing)
22.5×
Forward P/E
P/B
3.85×
Dividend yield
0.0%
52-wk high
$210.25
52-wk low
$133.18
Beta
Shares out
30.3M

5-year trend

dashed bar = fiscal Q4 derived from 10-K annual − Q1 − Q2 − Q3 (SEC requires only three 10-Qs per year).

What this company does

AI

Item 1. Business. Our Company We are the largest lifestyle retail chain devoted to western and work-related footwear, apparel and accessories in the United States. With 539 stores in 49 states as of March 28, 2026, we have more than four times as many stores as our nearest direct competitor that sells primarily western and work wear, and believe we have the potential to grow our domestic store base to 1,200 stores. Our stores, which are typically freestanding or located in strip centers, average 11,400 selling square feet and feature a comprehensive assortment of brands and styles, coupled with attentive, knowledgeable store associates. We target a broad and growing demographic, ranging…

AI summary unavailable — showing raw filing excerpt

Generated from BOOT's filing dated 2026-05-14

Key risks

AI

Item 1A. Risk Factors Summary of Risk Factors Below is a summary of the principal factors that make an investment in our common stock speculative or risky. This summary does not address all of the risks that we face. Additional discussion of the risks summarized in this risk factor summary, and other risks that we face, can be found below under the heading “Risk Factors” and should be carefully considered, together with other information in this Form 10-K and our other filings with the SEC. Macroeconomic and Industry Risks ●Our sales could be severely impacted by decreases in consumer spending due to declines in consumer confidence or local economic conditions. ●Most of our merchandise is…

AI summary unavailable — showing raw filing excerpt

Generated from BOOT's filing dated 2026-05-14

Profitability

Gross margin

38.1%

1.5%

Operating margin

13.3%

6.0%

Net margin

10.0%

5.9%

Return on equity

17.1%

7.1%

Return on assets

9.2%

2.8%

Leverage

Debt / equity

0.86×

9.4%

Debt / assets

46.2%

5.1%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-28

$538.8M+18.7%

Q4 2025

2025-12-27

$705.6M+16.0%

Q3 2025

2025-09-27

$505.4M+18.7%

Q2 2025

2025-06-28

$504.1M+19.1%

Q1 2025

2025-03-29

$453.7M+16.8%

Q4 2024

2024-12-28

$608.2M+16.9%

Q3 2024

2024-09-28

$425.8M+13.7%

Q2 2024

2024-06-29

$423.4M+10.3%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Retail-Shoe Stores · SIC 5661

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Insider activity

Insider buying

$0

Insider selling

$3.2M

Net activity

−$3.2M

Distinct insiders

5

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-05-26

Jonathon David Kosoff

CHIEF DIGITAL OFFICER

Sale230$160.31$36.9K
2026-02-25

Brenda I Morris

Director

Sale1,000$197.74$197.7K
2025-12-01

Gene Eddie Burt

Director

Sale1,200$191.41$229.7K
2025-11-03

Peter Starrett

Executive Chairman

Sale6,498$190.00$1.2M
2025-08-26

Laurie Marie Grijalva

CHIEF MERCHANDISING OFFICER

Sale7,487$172.14$1.3M
2025-08-21

Brenda I Morris

Director

Sale1,500$170.00$255.0K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns BOOT

Institutional value

$2.60B

Total shares held

18.5M

Distinct holders

290

-69 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BlackRock, Inc.4.7M$694.5M+85.9K (+1.8%)Added
2VANGUARD PORTFOLIO MANAGEMENT LLC1.7M$243.1MNew
3VANGUARD CAPITAL MANAGEMENT LLC1.4M$197.9MNew
4Invesco Ltd.979.0K$143.3M-82.7K (-7.8%)Trimmed
5CONGRESS ASSET MANAGEMENT CO717.6K$105.0MNew
6DIMENSIONAL FUND ADVISORS LP645.3K$94.4M+9.8K (+1.5%)Added
7PRINCIPAL FINANCIAL GROUP INC536.5K$78.5M+143.4K (+36.5%)Added
8FRANKLIN RESOURCES INC521.5K$76.3M+11.3K (+2.2%)Added
9Stephens Investment Management Group LLC432.0K$63.2M-2.4K (-0.6%)Trimmed
10Fiera Capital Corp294.9K$43.2M+7.3K (+2.5%)Added
11SOUTHERNSUN ASSET MANAGEMENT, LLC272.3K$39.9M+79.1K (+41.0%)Added
12JENNISON ASSOCIATES LLC248.6K$36.4M-47.5K (-16.0%)Trimmed
13Fisher Asset Management, LLC240.4K$35.2M-2.3K (-1.0%)Trimmed
14Artemis Investment Management LLP238.3K$34.9M+115.3K (+93.8%)Added
15abrdn plc216.1K$31.6MNew
16Nuveen, LLC215.2K$31.5M-12.3K (-5.4%)Trimmed
17VANGUARD FIDUCIARY TRUST CO212.4K$31.1MNew
18Clearbridge Investments, LLC210.6K$30.8M+61.1K (+40.9%)Added
19EMERALD ADVISERS, LLC208.4K$30.5M+26.7K (+14.7%)Added
20WEDGE CAPITAL MANAGEMENT L L P/NC197.3K$28.9MNew

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

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