Boot Barn: Strong Store Expansion And E-Commerce To Drive Growth

Boot Barn Holdings offers an attractive growth profile with disciplined expansion, robust earnings growth, and a reasonable PEG valuation near 1.08. BOOT targets 70 new store openings in FY27, aiming for a long-term goal of 1,200 locations, supporting sustained double-digit earnings growth. Same-store sales growth and merchandise margin expansion remain key drivers, with management projecting 4% comp growth and 16% total sales growth for the year. I view Boot Barn Holdings (BOOT) as an attractive, expanding growth company with a reasonable valuation. Boot Barn has been growing its store count at a strong pace with plans for continued openings over the long term.