Boot Barn Holdings, Inc. (NYSE:BOOT) issued its quarterly earnings data on Thursday. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02, Briefing.com reports. Boot Barn Holdings had a return on equity of 8.58% and a net margin of 2.26%. The firm had revenue of $143.10 million during the quarter, compared to analyst estimates of $139.92 million. During the same quarter last year, the firm earned $0.02 EPS. Boot Barn Holdings’s quarterly revenue was up 6.8% on a year-over-year basis. Boot Barn Holdings updated its Q3 guidance to $0.40-0.43 EPS and its FY18 guidance to $0.57-0.61 EPS.

ILLEGAL ACTIVITY WARNING: This piece of content was first reported by Watch List News and is owned by of Watch List News. If you are reading this piece of content on another domain, it was illegally copied and reposted in violation of United States & international copyright legislation. The correct version of this piece of content can be read at https://www.watchlistnews.com/boot-barn-holdings-inc-boot-announces-earnings-results/1674379.html.

An institutional investor recently raised its position in Boot Barn Holdings stock. State Street Corp increased its holdings in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 4.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 203,372 shares of the company’s stock after acquiring an additional 8,835 shares during the period. State Street Corp owned about 0.76% of Boot Barn Holdings worth $1,440,000 at the end of the most recent quarter.

A number of brokerages have weighed in on BOOT. Robert W. Baird upgraded Boot Barn Holdings from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $10.00 to $11.00 in a research note on Friday, August 4th. Zacks Investment Research upgraded Boot Barn Holdings from a “hold” rating to a “buy” rating and set a $9.75 price objective for the company in a research note on Tuesday, October 3rd. Piper Jaffray Companies restated a “buy” rating on shares of Boot Barn Holdings in a research note on Thursday, August 3rd. TheStreet upgraded Boot Barn Holdings from a “d” rating to a “c” rating in a research note on Monday. Finally, Jefferies Group LLC restated a “buy” rating on shares of Boot Barn Holdings in a research note on Wednesday, October 11th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $10.34.

Boot Barn Holdings Company Profile

Boot Barn Holdings, Inc is a lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The Company’s stores are located in or near neighborhood shopping centers with trade areas of approximately five or more miles, and it has opened stores in malls and outlet center locations.

Earnings History for Boot Barn Holdings (NYSE:BOOT)

Receive News & Ratings for Boot Barn Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boot Barn Holdings Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.