Boot Barn (NYSE: BOOT), the western-inspired apparel and footwear retailer, saw its stock surge 5.67% in pre-market trading on Monday, January 13, 2025. This upward movement was fueled by the company's strong third-quarter earnings performance and positive analyst actions.
In its latest quarterly report, Boot Barn delivered impressive results, with revenues rising 13.7% year-over-year to $425.8 million, in line with analysts' expectations. The company also achieved a solid beat on analysts' EBITDA estimates, further bolstering investor confidence.
Analysts were quick to react positively to Boot Barn's strong showing. JPMorgan raised the firm's price target on Boot Barn to $200 from $188 and maintained an Overweight rating on the shares, citing positive insights from meeting with management. Additionally, Citi reiterated its Buy recommendation on the stock, highlighting Boot Barn's robust growth and performance.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。