Boot Barn's Comps Show Broad Strength Across Categories and Regions

Core Insights - Boot Barn Holdings, Inc. (BOOT) reported a strong performance in Q3 of fiscal 2026, with revenue increasing by 16% year over year to $706 million and same-store sales rising by 5.7% [1][9] Financial Performance - Quarterly revenue reached $706 million, marking a 16% increase year over year, with consolidated same-store sales up 5.7% [1][9] - Retail store same-store sales increased by 3.7%, while e-commerce same-store sales surged by 19.6% [1][9] - For the first five weeks of Q4, same-store sales rose by 5.7%, with an even higher rate of approximately 9.1% before weather disruptions [4][9] Category Performance - All major product categories showed robust growth, with men's and women's Western boots achieving high single-digit comparable sales growth [3] - Apparel outperformed the chain average, particularly denim, which saw mid-teens same-store sales growth [3] - Work boots also experienced mid-single-digit comparable sales growth, indicating sustained consumer demand across footwear and apparel [3] Digital and E-commerce Growth - The digital segment benefited from newly launched standalone websites for exclusive brands, attracting new customers [2] - Management plans to launch dedicated websites for additional brands, further enhancing digital presence [2] Market Position and Outlook - Boot Barn's sales growth, expanding margins, and strong digital traction support confidence in its long-term growth strategy and store expansion targets [5] - BOOT's shares have increased by 10% year to date, outperforming the industry average of 3.7% [8] - The Zacks Consensus Estimate indicates a year-over-year earnings growth of 26% for the current fiscal year and 16.1% for the next [12]