Boot Barn: Impressive Results And Expansion Plans, But Richly Valued
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Hawkinvest16.13K FollowersFollow5ShareSavePlay(10min)CommentsSummaryBoot Barn Holdings, Inc. is trading above $200, well above key moving averages, and appears richly valued after a strong post-tariff rally.BOOT's Q2 results beat expectations with 18.7% revenue growth, and updated 2026 guidance includes 70 new stores and a TAM increase to $58 billion.BOOT stock trades at nearly 29x, 2026 earnings, a premium justified by growth but risky given fashion cyclicality and intensifying competition.I recommend selling BOOT into strength due to valuation, insider selling, potential trend reversal, and elevated downside risk. EyeEm Mobile GmbH/iStock via Getty Images I last wrote about Boot Barn Holdings, Inc. (BOOT) back in July, and I felt it made sense to sell this stock into strength and buy it back at lower levels. At theThis article was written byHawkinvest16.13K FollowersFollowLong-time stock market investor focused on strategic buying opportunities with dividend and value stocks. This investment strategy has resulted in a near 5 star rating on Tipranks.com and over 9,000 followers on Seeking Alpha. Follow me on Twitter for my latest trading ideas: @Hawkinvest1Analyst’s Disclosure:I/we have a beneficial long position in the shares of GOOG, GOOGL, AMZN either through stock ownership, options, or other derivatives. 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.