Group 1 - Sify Technologies Ltd. is expected to report a quarterly loss of 1 cent per share on revenue of $165 million, with shares falling 3.3% to $14.50 in after-hours trading [1] - Boot Barn Holdings Inc. reported preliminary third-quarter net sales of $705.6 million, reflecting a growth of 16% year-over-year, while shares slipped 0.4% to $194.95 in after-hours trading [1] - Wealthfront Corp is anticipated to post quarterly earnings of 10 cents per share on revenue of $93.23 million, with shares rising 1.7% to $13.05 in after-hours trading [1] - Plus Therapeutics Inc. announced an offering of 22,321,429 pre-funded units at $0.56 per unit, leading to a 10% dip in shares to $0.50 in after-hours trading [1] - Solowin Holdings Ltd. reported a first-half loss of 7 cents per share, an improvement from a loss of 39 cents per share a year ago, with sales increasing to $5.842 million from $1.055 million, and shares gaining 2.4% to $4.28 in after-hours trading [1]

Core Insights - Boot Barn Holdings, Inc. announced preliminary results for the third quarter of fiscal year 2026, indicating strong performance exceeding expectations [2] - The company will report detailed third quarter results on February 4, 2026, along with fourth quarter guidance [2] Financial Performance - Net sales are expected to be approximately $705.6 million, reflecting a growth of 16.0% compared to the prior year [6] - Same store sales increased by approximately 5.7%, with retail store same store sales growth at 3.7% and e-commerce same store sales growth at 19.6% [6] - Income from operations is projected to be around $114.8 million, up from $99.5 million in the prior-year period [6] - Net income per diluted share is estimated at approximately $2.79, compared to $2.43 in the prior-year period [6] Business Operations - The company opened 25 new stores in the third quarter, totaling 514 stores across 49 states [6][4] - The CEO highlighted broad-based growth across all geographies and major merchandise categories, with significant performance in men's and ladies' western boots and apparel [2] Upcoming Events - Boot Barn will host a fireside chat at the 2026 ICR Conference on January 12, 2026, which will be webcast live [3]

Financial Results - Boot Barn Holdings, Inc. announced preliminary financial results for Q3 fiscal year 2026, ending December 27, 2025[5]. - A press release detailing financial results is available as Exhibit 99.1, and a supplemental financial presentation is provided as Exhibit 99.2[10]. - The financial information provided is intended to be "furnished" and not "filed" under the Exchange Act[6]. Upcoming Events - The company will participate in the 2026 ICR Conference on January 12, 2026, where further details will be shared[7]. - The fireside chat at the ICR Conference will be webcast live, accessible via the company's investor relations website[7]. Company Information - The company is not classified as an emerging growth company under the Securities Act[4]. - The address of the company's principal executive offices is 17100 Laguna Canyon Road, Irvine, California 92618[2]. - The report was signed by James M. Watkins, Chief Financial Officer and Secretary, on January 9, 2026[14]. Investor Relations - The company reserves the right to discontinue the availability of the investor relations website at any time[9]. - The company disclaims any obligation to update or revise the information in the presentation[9].

Group 1 - Boot Barn (BOOT) has shown strong year-to-date performance, with a return of approximately 17.4%, outperforming the average gain of 6.9% in the Retail-Wholesale sector [4] - The Zacks Rank for Boot Barn is currently 2 (Buy), indicating positive analyst sentiment and an improving earnings outlook, with a consensus estimate for full-year earnings increasing by 8.3% over the past three months [3] - Boot Barn belongs to the Retail - Apparel and Shoes industry, which has seen a decline of about 1.1% this year, further highlighting Boot Barn's superior performance within its industry [5] Group 2 - The Retail-Wholesale group consists of 196 companies and is currently ranked 8 within the Zacks Sector Rank, which evaluates 16 different sector groups [2] - Compagnie Financiere Richemont AG (CFRUY) is another notable stock in the Retail-Wholesale sector, having returned 42.2% since the beginning of the year, and also holds a Zacks Rank of 2 (Buy) [4][5] - The Retail - Jewelry industry, to which Compagnie Financiere Richemont AG belongs, is ranked 55 and has experienced a decline of 0.5% this year [6]

Core Insights - The retail apparel and footwear industry is poised for a significant upcycle in 2026, driven by stabilizing interest rates, improving wage growth, and healthier inventory levels [2][3] Industry Overview - The apparel and footwear sector has undergone a reset, focusing on clearing excess inventory, reducing promotional intensity, and enhancing supply-chain efficiency to protect margins [4] - Easing freight costs and improved demand forecasting are helping restore pricing power, allowing brands to convert modest top-line growth into stronger profitability [4] Company Highlights American Eagle Outfitters, Inc. (AEO) - AEO is implementing a brand-led growth strategy with a focus on merchandising, marketing, and operational execution, particularly in denim [6] - The Zacks Consensus Estimate for AEO's current fiscal-year sales implies a growth of 2.4%, while EPS is expected to decline by 23.6% [8] Urban Outfitters, Inc. (URBN) - URBN's diversified brand portfolio is driving growth and market share gains, supported by improved merchandising and strong customer engagement [9] - The Zacks Consensus Estimate for URBN's current fiscal-year sales indicates a growth of 10.8%, with EPS expected to rise by 29.8% [11] Boot Barn Holdings, Inc. (BOOT) - Boot Barn is recognized for its strong brand position in western and work-related apparel, with a focus on store-first growth and omnichannel capabilities [12] - The Zacks Consensus Estimate for BOOT's current fiscal-year sales suggests a growth of 16.2%, while EPS is expected to increase by 20.5% [14] The Gap, Inc. (GAP) - The Gap is making progress in stabilizing its business through better inventory management and cost control, which is helping to improve margins [15] - The Zacks Consensus Estimate for The Gap's current fiscal-year sales implies a growth of 1.8%, with EPS expected to decline by 2.7% [17]

Industry Overview - The retail apparel and footwear industry is poised for a significant upcycle, driven by stabilizing interest rates, improving wage growth, and healthier inventory levels, with 2026 expected to be a turning point for consumer spending [1][3] - Retailers have focused on clearing excess inventory and improving supply-chain efficiency, which has helped restore pricing power and protect margins [3][8] Key Stocks to Watch - American Eagle Outfitters (AEO) is implementing a brand-led growth strategy with improved merchandising and operational discipline, particularly in denim, leading to higher traffic and digital engagement [5][6] - Urban Outfitters (URBN) benefits from a diversified brand portfolio and strong customer engagement, with investments in product curation and inventory flow enhancing operational efficiency [11][12] - Boot Barn Holdings (BOOT) is recognized for its strong brand position in western and work-related apparel, executing a store-first growth strategy while enhancing customer experience through omnichannel capabilities [16][17] - The Gap, Inc. (GAP) is stabilizing its business through better inventory management and disciplined cost control, aiming to reduce promotional pressure and improve margins [21][22] Financial Performance Estimates - American Eagle's current fiscal-year sales are estimated to grow by 2.4%, while EPS is expected to decline by 23.6%. For the next fiscal year, sales are projected to rise by 2.6% and earnings by 18.8% [7][9] - Urban Outfitters anticipates a 10.8% increase in sales and a 29.8% rise in EPS for the current fiscal year, with a 7.8% sales growth and 9.6% earnings growth expected for the next year [13][14] - Boot Barn's current fiscal-year sales are projected to grow by 16.2% and EPS by 20.5%, with a 13.3% rise in sales and 13.8% growth in earnings for the next fiscal year [18][19] - The Gap expects a 1.8% increase in sales and a 2.7% decline in EPS for the current fiscal year, with a 2.4% rise in sales and 6.5% growth in earnings anticipated for the next year [23][24]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Boot Barn (BOOT) - Boot Barn currently holds a Momentum Style Score of B, indicating a favorable momentum characteristic [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - Over the past week, Boot Barn shares increased by 1.25%, while the Zacks Retail - Apparel and Shoes industry rose by 1.35% [5] - In the last month, Boot Barn's stock price changed by 18.16%, outperforming the industry's 9.28% [5] - Over the past quarter, shares of Boot Barn have risen by 17.76%, and over the last year, they have gained 35.65%, compared to the S&P 500's increases of 3.47% and 13.15%, respectively [6] Trading Volume - Boot Barn's average 20-day trading volume is 452,562 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, five earnings estimates for Boot Barn have been revised upward, with no downward revisions, leading to an increase in the consensus estimate from $6.56 to $7.01 [9] - For the next fiscal year, four estimates have also moved higher, with no downward revisions during the same period [9] Conclusion - Considering the positive momentum indicators and earnings outlook, Boot Barn is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11]

Core Insights - Boot Barn Holdings, Inc. (BOOT) was previously analyzed in July, with a recommendation to sell the stock during a period of strength and consider repurchasing at lower price levels [1] Company Analysis - The investment strategy employed focuses on strategic buying opportunities, particularly in dividend and value stocks, which has led to a high rating on Tipranks.com and a significant following on Seeking Alpha [1] Market Position - The company is positioned within a competitive market, with the analyst expressing confidence in the potential for future gains based on strategic trading decisions [1]

Core Viewpoint - The report summarizes significant rating changes from various investment firms that are expected to impact the market. Upgraded Ratings - Jefferies upgraded Roku (ROKU) from "Hold" to "Buy," raising the target price from $100 to $135, anticipating over 20% growth in platform revenue under optimistic scenarios [5] - Piper Sandler upgraded Unity (U) from "Neutral" to "Outperform," increasing the target price from $43 to $59, citing a favorable outlook for the mobile app advertising market entering 2026 [5] - Citigroup upgraded Thermo Fisher Scientific (TMO) from "Neutral" to "Buy," raising the target price from $580 to $660, expecting benefits from increased pharmaceutical spending and local industry advantages [5] - Bank of America upgraded Synopsys (SNPS) from "Neutral" to "Buy," increasing the target price from $500 to $560, noting reduced risks in sales to China and Intel, and potential for attractive rebound [5] - Bank of America upgraded Visa (V) from "Neutral" to "Buy," setting a target price of $382, indicating attractive return potential after recent underperformance [5] Downgraded Ratings - Bank of America downgraded PayPal (PYPL) from "Buy" to "Neutral," lowering the target price from $93 to $68, citing delays in revitalizing core payment business growth [5] - Harbor Research downgraded General Electric Energy (GEV) from "Buy" to "Neutral," without providing a target price, stating current valuation is reasonable [5] - Bank of America downgraded Alcon (ALC) from "Buy" to "Underperform," reducing the target price from $100 to $75, due to limited upside and market uncertainties [5] - Deutsche Bank downgraded Norfolk Southern Railway (NSC) from "Buy" to "Hold," setting a target price of $297, attributing the downgrade to unresolved merger issues with Union Pacific Railway (UNP) [5] - Deutsche Bank downgraded Union Pacific Railway from "Buy" to "Hold," setting a target price of $245, despite strong performance over two quarters, citing poor stock performance [5] Initiated Coverage - Freedom Capital initiated coverage on Shift4 Payments (FOUR) with a "Buy" rating and a target price of $80, viewing recent pullbacks as an attractive entry point [5] - Bernstein initiated coverage on BridgeBio Pharma (BBIO) with an "Outperform" rating and a target price of $94, suggesting that short-term expectations are reasonable but long-term may be overly optimistic [5] - B. Riley initiated coverage on Chime Bank (CHYM) with a "Buy" rating and a target price of $35, indicating a 40% potential upside, highlighting its profitable and high-growth digital banking services [5] - Morgan Stanley initiated coverage on Elbit Systems (ESLT) with a "Hold" rating and a target price of $531, noting that most growth potential is already reflected in the current stock price after a 95% increase this year [5] - Goldman Sachs initiated coverage on Abercrombie & Fitch (ANF) with a "Buy" rating and a target price of $120, favoring companies with store expansion capabilities and pricing power in the apparel retail sector [5]

Core Points - Boot Barn Holdings, Inc. announced that Brenda Morris has been named a 2025 NACD Directorship 100 honoree in the Top 50 Directors category [1] - The NACD Directorship 100 Awards recognize influential leaders in corporate governance [1] - Each honoree is acknowledged for their contributions to corporate governance [1]