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Is Boot Barn (BOOT) Stock Outpacing Its Retail-Wholesale Peers This Year?
BOOTBoot Barn(BOOT) ZACKS·2024-08-26 14:41

Group 1 - Boot Barn (BOOT) is currently outperforming its peers in the Retail-Wholesale sector with a year-to-date return of 85.5%, compared to the sector average of 15.1% [4] - The Zacks Rank for Boot Barn is 1 (Strong Buy), indicating a positive earnings outlook and strong analyst sentiment, with a consensus estimate for full-year earnings having increased by 8.4% over the past three months [3][4] - Boot Barn belongs to the Retail - Apparel and Shoes industry, which has an average gain of 16.2% this year, further highlighting its strong performance relative to the industry [6] Group 2 - Carvana (CVNA) is another strong performer in the Retail-Wholesale sector, with a year-to-date return of 201.8% and a Zacks Rank of 2 (Buy) [5] - The Internet - Commerce industry, which includes Carvana, has seen an average increase of 15.3% this year, indicating that while Carvana is performing well, it is still behind Boot Barn in terms of year-to-date returns [6] - Investors are encouraged to monitor both Boot Barn and Carvana for continued strong performance in the Retail-Wholesale sector [7]