Boot Barn is trading 4.01% down now at $123.22 as investors continue reacting to sharply slower comparable-store sales growth disclosed on September 15.
- Comparable sales rose only 2% in August and September, versus 8.4% a year earlier.
- Ladies Western boots remained weak, and exclusive-brand penetration expectations were reduced to flat.
- September 16 conference comments offered positive guidance but did not offset concerns about slowing momentum.