Jefferies Raises to Buy from Hold on Boot Barn Holdings, Inc. (BOOT)

Boot Barn Holdings, Inc. (NYSE:BOOT) is one of the 15 Best Apparel Stocks to Buy in 2026.

On April 6, 2026, Jefferies raised Boot Barn Holdings, Inc. (NYSE:BOOT) to Buy from Hold, noting a valuation reset, resilient sales, continuing store growth, and steady fundamentals. The price target remains $195. According to the analyst, shares have re-rated despite persistent demand patterns, which improves the risk/reward profile.

Boot Barn Holdings, Inc. (NYSE:BOOT) posted third-quarter fiscal 2026 results, with net sales up 16.0% to $705.6 million and same-store sales up 5.7%, including 3.7% retail and 19.6% e-commerce gains. The corporation reported net income of $85.8 million, or $2.79 per diluted share, up from $75.1 million, or $2.43 per share, the previous year. CEO John Hazen stated that demand remained broad-based across categories, channels, and geographies, driving holiday sales. The firm grew its footprint by building 25 stores, bringing the total to 514 by the end of the quarter, while profiting from merchandise margin expansion and strict expense control.

Jefferies Raises to Buy from Hold on Boot Barn Holdings, Inc. (BOOT)

Boot Barn Holdings, Inc. (NYSE:BOOT) operates retail locations that sell western and work-related footwear, clothes, and accessories. The company’s offerings include boots, jeans, accessories, hats, gifts, home goods, and workwear. The company’s brands include Ariat, Wrangler, Lucchese Boots, Idyllwind, and Cinch.

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