Core Insights - ClearBridge Investments reported a modest underperformance of its Small Cap Growth Strategy compared to the Russell 2000 Growth Index in Q2 2025, as the market rally favored lower market capitalization and riskier stocks [1] Company Overview - Boot Barn Holdings, Inc. (NYSE:BOOT) is a lifestyle retail chain specializing in western and work-related footwear, apparel, and accessories [2][3] - As of October 2, 2025, Boot Barn's stock closed at $169.87 per share, with a market capitalization of $5.19 billion [2] Performance Metrics - Boot Barn's one-month return was -6.96%, while its shares gained 2.45% over the last 52 weeks [2] - In the fiscal first quarter of 2026, Boot Barn's revenue increased by 19% to $504 million, and consolidated same-store sales rose by 9.4% [4] Growth Potential - The company has significant growth potential in a fragmented market, with expectations of double-digit growth driven by exclusive brands and margin efficiencies [3] Hedge Fund Interest - Boot Barn was held by 39 hedge fund portfolios at the end of Q2 2025, an increase from 34 in the previous quarter [4]