13F Pro Quality Score

73.5/100

Rank #195 of 2,879 stocksTOP 10%

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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

81.2/100

Profitability

74.4/100

Balance Sheet

87.5/100

Earnings Quality

79.0/100

Free Cash Flow

68.3/100

Institutional Flow

39.0/100

Revenue Scale

65.0/100

Dilution Risk

66.5/100

BOOT Stock Analysis & AI Quality Score

AI stock analysis and institutional research for Boot Barn Holdings, Inc. (BOOT), a Consumer Discretionary sector company. 13F Pro's AI-powered ranking engine scores BOOT at 73.5/100 on a 32-signal composite quality model, placing it at rank #195 of 2,879 stocks — the top 10% of the AI-ranked universe. BOOT scores in the top quartile across balance sheet strength (87.5), revenue growth (81.2), earnings quality (79.0). Areas of concern include institutional flow (39.0), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q4 2026), Boot Barn Holdings, Inc. reports quarterly revenue of $538.8M, net income of $44.4M, an operating margin of 10.6%. Top institutional holders of BOOT by reported 13-F value include BlackRock,, VANGUARD PORTFOLIO MANAGEMENT, FMR, based on the most recent SEC filings. BOOT trades on the NYSE exchange and files with the SEC under CIK 1610250. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BOOT daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Boot Barn Holdings, Inc. directly from SEC EDGAR. Boot Barn Holdings, Inc.'s 13F Pro composite quality score has ranged between 57 and 76 since 2021, currently 73.5 — an improving long-term trajectory across 30 quarterly and live scoring snapshots.

Fun facts about Boot Barn Holdings, Inc.

Quirks, history, and lore behind BOOT — the kind of stuff that makes a stock memorable.

  • 1
    The Basics
    U.S. specialty retailer · Consumer Discretionary · listed on the NYSE · headquartered in California.
  • 2
    The Numbers
    Operates over 350 stores across the U.S. with annual revenue approaching $2 billion — not bad for a niche that most coastal shoppers have never entered.
  • 3
    The History
    Founded in 1978 in California, it spent decades as a regional chain before going public and aggressively expanding its store count through the 2010s and 2020s.
  • 4
    The Secret
    Its target customer is the working ranch hand and weekend rodeo fan alike — a rare retailer that sells authentically to a lifestyle, not just a fashion trend.
  • 5
    The Lore
    During the pandemic-era country lifestyle boom, its sales surged as city dwellers discovered Wranglers and square-toed leather — and kept coming back.
  • 6
    The Giveaway
    If your shopping list includes cowboy boots, Western wear, and work gear, this is your store — the NYSE-listed barn of choice for boot-scootin' retail therapy.
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What's Driving BOOT's Business? Latest 10-K Breakdown

AI-extracted from Boot Barn Holdings, Inc.'s 10-K filed 2026-05-14 — FY2026 (year ended March 28, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Boot Barn delivered $2.25B revenue (+17.9% YoY) and $225.9M net income (+24.8% YoY) on 7.2% consolidated same-store sales growth, with gross margin expanding 60bps to 38.1%.

Largest Expense Items

Selling, general and administrative expenses$559.2M+17.1% YoY

24.8% of net sales vs 25.0% in fiscal 2025; store payroll, marketing, and corporate expenses increased; leveraged 20bps due to lower corporate general and administrative expenses

Interest expense$1.5M+0.2% YoY

Weighted average interest rate of 6.9% on Wells Fargo Revolver; no amounts outstanding as of March 28, 2026

Margins: Gross margin expanded 60 basis points to 38.1%, driven primarily by 80bps improvement in merchandise margin from better buying economies of scale, exclusive brand penetration growth, and supply chain efficiencies, partially offset by 20bps deleverage in occupancy costs from new store openings. Operating margin improved 80bps to 13.3%.

Watch Items from the Filing

  • Geographic concentration: 195 of 539 stores (36%) located in Arizona, California, and Texas; California stores face natural disaster risk (earthquakes, wildfires); oil/gas region stores exposed to commodity price volatility.
  • Tariff uncertainty: Effective Feb 24, 2026, 10% global baseline tariff imposed under Section 122 of Trade Act (150-day period); previously ruled unlawful Feb 20, 2026; subject to legal challenge. Impact on costs and gross margin remains uncertain.
  • Supplier concentration: Three largest suppliers represent ~25% of COGS in fiscal 2026 and fiscal 2025; purchases from top three suppliers concentrated.
  • Strong cash generation and liquidity: Operating cash flow of $304.9M (up 107% YoY); $141M cash on hand; $250M revolving credit facility with zero outstanding balance and $250M availability; company in compliance with debt covenants.
  • Exclusive brands momentum: Exclusive brand sales reached 40.8% of consolidated sales in fiscal 2026; historically achieve higher merchandise margins than third-party brands; three of five top-selling brands are exclusive.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Revenue

Q4 2026

$538.8M

Net Income

Q4 2026

$44.4M

Free Cash Flow

Q4 2026

$-46.5M

Operating Margin

Q4 2026

10.6%

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

+17.9% YoY
$2.25BFY 2026
FY23 $1.66BFY24 $1.67BFY25 $1.91BFY26 $2.25B

Net Income

+24.8% YoY
$225.9MFY 2026
FY23 $170.6MFY24 $147.0MFY25 $180.9MFY26 $225.9M

Operating Income

+25.0% YoY
$299.1MFY 2026
FY23 $231.8MFY24 $198.2MFY25 $239.4MFY26 $299.1M

EPS (Diluted)

+25.0% YoY
$7.35FY 2026
FY23 $5.62FY24 $4.80FY25 $5.88FY26 $7.35

Total Assets

+21.4% YoY
$2.45BFY 2026
FY23 $1.52BFY24 $1.71BFY25 $2.02BFY26 $2.45B

Op. Cash Flow

+106.7% YoY
$304.9MFY 2026
FY23 $88.9MFY24 $236.1MFY25 $147.5MFY26 $304.9M

AI Insight: BOOT Financial Trends

Boot Barn's Q1 2026 operating income and net income remain resilient, but operating cash flow turned negative again in the spring quarter, raising seasonality concerns.

Q4 2025 delivered peak performance: $706M revenue, $115M operating income (16.3% margin), $210M operating cash flow.

Operating margins held firm: Q1 2026 at 10.6%, up from 11.0% in Q3 2025, maintaining 10–16% range across last two years.

Revenue growth accelerated year-over-year: Q1 2026 $539M vs. Q1 2025 $454M (+18.7%), despite sequential seasonal decline.

Operating cash flow swung to negative $4M in Q1 2026; spring quarters consistently weak ($-43M in Q1 2025, $-8M in Q3 2024).

Equity increased steadily from $982M to $1.319B; no debt figures disclosed—capital structure transparency needed.

AI Insight: BOOT Ratio Trends

Boot Barn shows strong TTM profitability (OpMargin 13.3%, ROIC 22.7%) but exhibits pronounced seasonal swings masking underlying Q1 weakness.

OpMargin expanded to 13.3% TTM from 9.4% in Q3 2024, driven by Q4 strength (16.4%) recurring annually.

ROIC recovered to 22.7% TTM versus 15.7% low in Q3 2024, reflecting improved capital efficiency.

Q1 2026 metrics fell to OpMargin 10.6%, NPM 8.2%, ROIC 17.4%—lowest quarterly performance in recent sequence.

Consistent Q1 underperformance (OpMargin 10.6–10.9%, ROIC 17.4–17.6%) suggests seasonal headwind or demand softness.

Q4 2025 ROIC 35.8% vs Q4 2024 36.5% shows slight compression; monitor sustainability of Q4 peaks.

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Available Research

13F Pro tracks comprehensive data for Boot Barn Holdings, Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)
XBRL financial facts (revenue, EPS, margins)
Insider transactions (Form 4)
Institutional 13F holdings
Quality rankings (32 signals)
AI analyst debates & daily meetings
Historical financial trends
Peer comparison & sector analysis

Top Institutional Holders of BOOT

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Is BOOT a good stock to buy?

13F Pro's AI-powered analysis of Boot Barn Holdings, Inc. (BOOT) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Consumer Discretionary sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for BOOT are available on the BOOT stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own BOOT?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling BOOT. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Boot Barn Holdings, Inc.'s investment landscape.