FINWIRES · TerminalLIVE
FINWIRES

Boot Barn Has Potential to Add 400 Stores Over the Next 5 Years, UBS Securities Says

By

Boot Barn (BOOT) is an underappreciated growth story with the potential to add 400 stores over the next five years, UBS Securities said in a note Thursday.

The brokerage said this should drive a roughly 13.5% earnings per share compound annual growth rate between 2025 and 2030.

The company is also expected to navigate the ongoing tariff environment uncertainty and cost inflation pressures from elevated oil prices better than many of its mom & pop rivals, according to the note.

The brokerage said Boot Barn's "strong" sales and EPS growth outlook justify a roughly 24x price-earnings ratio, a view reinforced by meetings with the management.

UBS Securities has a buy rating and a $272 price target on the stock.

Shares of Boot Barn were up more than 2% in Thursday trading.

Price: $168.81, Change: $+3.46, Percent Change: +2.09%

Related Articles

Wire

Dell Technologies Unit Wins $9.69 Billion US Navy Contract

Dell Technologies (DELL) unit Dell Federal Systems won a blanket purchase agreement with an overall estimated value of $9.69 billion from the US Navy under the Department of Defense Enterprise Software Initiative.The agreement will streamline software acquisition across the Defense Department, the intelligence community, and the US Coast Guard, according to a statement.The deal will allow clients to procure Microsoft (MSFT) software licenses, cloud subscriptions, and Software Assurance, according to the Department.

$DELL$MSFT
Wire

Dave to Replace American Woodmark in S&P SmallCap 600

Dave (DAVE) is set to replace American Woodmark (AMWD) in the S&P SmallCap 600 before trading begins Monday, S&P Dow Jones Indices said.MasterBrand (MBC) is acquiring American Woodmark in a deal expected to close May 29, the S&P Global (SPGI) unit said Wednesday in a statement.Dave shares rose 4.2% in after-hours trading.

$AMWD$DAVE$SPGI
Wire

Citi Trends Reports Preliminary Fiscal Q1 Sales, Lifts FY Comparable-Store Sales Outlook

Citi Trends (CTRN) reported fiscal Q1 preliminary sales late Wednesday of $230.9 million and raised its full-year outlook for comparable-store sales growth.A year earlier, sales were $201.7 million.Comparable-store sales growth in fiscal 2026 is expected to range from 8% to 10%, compared with the prior 5% to 7% forecast, the company said.Citi Trends also lifted its full-year adjusted EBITDA guidance to $35 million to $40 million from the previous outlook of $34 million to $38 million.Citi Trends shares rose 10% in after-hours trading.

$CTRN