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Boot Barn ( (BOOT) ) has provided an update.
Boot Barn Holdings, Inc. has appointed John Hazen as Chief Executive Officer, effective May 5, 2025, following his interim role since November 2024. The Board of Directors, after a comprehensive search, believes Hazen’s industry knowledge and experience in digital transformation make him well-suited to lead the company. Hazen’s compensation includes a base salary of $900,000 and participation in the company’s incentive bonus program. Peter Starrett will continue as Executive Chairman until the end of 2025 to aid in the transition. The appointment is expected to strengthen Boot Barn’s strategic direction and growth initiatives, enhancing value for customers and stakeholders.
Spark’s Take on BOOT Stock
According to Spark, TipRanks’ AI Analyst, BOOT is a Outperform.
Boot Barn is in a solid financial position with strong revenue growth and a stable balance sheet, although rising debt and declining cash flow efficiency need monitoring. Technical indicators are currently weak, and while the stock’s valuation appears fair, it lacks a dividend yield. The recent earnings call was positive, highlighting strong performance and growth prospects, offset by some category-specific challenges and external risks. Overall, Boot Barn scores a respectable 74, indicating a stable but cautious outlook.
To see Spark’s full report on BOOT stock, click here.
More about Boot Barn
Boot Barn is the nation’s leading lifestyle retailer of western and work-related footwear, apparel, and accessories for men, women, and children. The company offers a wide selection of work and lifestyle brands and operates 464 stores in 49 states, along with an e-commerce channel at www.bootbarn.com. It also runs www.sheplers.com and www.countryoutfitter.com, catering to customers with a country lifestyle.
YTD Price Performance: -25.64%
Average Trading Volume: 1,009,997
Technical Sentiment Signal: Hold
Current Market Cap: $3.47B
See more data about BOOT stock on TipRanks’ Stock Analysis page.