Boot Barn Holdings Inc

BOOT remains in a Stage 4 – Decline with a clear lower-high/lower-low sequence and price below all major EMAs. The medium-term bias is bearish, while the short-term is neutral due to oversold extension beneath the 9/21 EMAs. Under a High Momentum framework, optimal execution is to trim into failed rallies at intermediate resistance rather than chase further declines.

• ↑Revenue up 19% YoY to $2.25B in FY26 with 7.2% comp store growth
• ↑70 new stores planned, targeting 1,200 total locations at ~$3.2M/store
• ↓Margin guidance cut to ~37.1-37.3% in Q1 2027 from 39.1% prior