Boot Barn’s stock is rallying, but executives are cautious on upcoming tariff impact - MarketWatch
Despite warnings about costs and margins, strong sales trends and stock buyback signal confidence.
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Despite warnings about costs and margins, strong sales trends and stock buyback signal confidence.
What happened, with direct paths to the underlying reporting
Boot Barn reports strong sales but warns of higher costs ahead. Management expects pressure on margins due to upcoming tariffs. Same-store sales increased by 9% in early first quarter. Stock buyback program of $200 million announced. Future reliance on China for production will significantly decrease.
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