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IRVINE, Calif. - Boot Barn Holdings, Inc. (NYSE: BOOT), a leading lifestyle retailer of western and work-related products with a market capitalization of $3.46 billion, has announced the appointment of John Hazen as Chief Executive Officer, effective today. Hazen, who has been serving as the company’s Interim CEO since November 2024, was unanimously chosen by the Board of Directors after a comprehensive search. According to InvestingPro data, the company maintains a strong financial health score, reflecting its solid market position.
Peter Starrett, Executive Chairman of Boot Barn, expressed confidence in Hazen’s qualifications, citing his deep industry knowledge and proven track record in digital transformation. Starrett believes Hazen is the right leader to drive the company forward and execute strategic plans for long-term growth.
Hazen acknowledged the honor of leading Boot Barn and emphasized his commitment to building on the company’s strong foundation. He aims to focus on consistent growth, strategic initiatives, and delivering value to customers and stockholders.
With over 20 years of experience in the apparel and footwear industry, Hazen brings a wealth of knowledge to his new role. Before joining Boot Barn in 2018 as Chief Digital Officer, he held senior positions at Ring, True Religion, Kellwood, Nike, and Fox Racing. Hazen holds a Bachelor of Commerce degree from Concordia University and an MBA from Loyola Marymount University.
Boot Barn operates 464 stores across 49 states and maintains a robust e-commerce presence through its websites, catering to a loyal customer base with a wide selection of work and lifestyle brands. The company has demonstrated solid performance with an 8.31% revenue growth and a healthy gross margin of 37.27%. InvestingPro analysis reveals 13 additional key insights about Boot Barn’s performance and potential, available to subscribers.
The company’s forward-looking statements in the press release are subject to risks and uncertainties, with management cautioning not to place undue reliance on these statements. Factors that could affect the company’s financial results include consumer spending trends, execution of growth strategy, brand image, competition, supplier relationships, and product offerings. Recent data from InvestingPro shows the stock has gained 9.12% in the past week, though analysts maintain diverse price targets ranging from $100 to $209 per share. For comprehensive analysis and detailed financial metrics, investors can access Boot Barn’s Pro Research Report, part of InvestingPro’s coverage of over 1,400 US stocks.
This news is based on a press release statement from Boot Barn Holdings, Inc.
In other recent news, Boot Barn has seen a shift in its stock rating, as Craig-Hallum analyst Jeremy Hamblin upgraded the company’s shares from Hold to Buy with a price target of $130. This upgrade comes despite concerns over high tariff uncertainties due to imports from Mexico and China, which could pose risks to the company’s earnings per share. Hamblin cites Boot Barn’s ability to leverage its scale to mitigate these challenges and its potential to capture market share amid industry disruptions. The analyst draws parallels to the company’s performance during the COVID period, suggesting that Boot Barn could achieve significant same-store sales growth. Additionally, Hamblin highlights Boot Barn’s strong balance sheet as a factor that could help the company withstand tariff-related shocks. The weakening Mexican Peso is also noted as a mitigating factor for some risks associated with tariffs. Signals from the Trump Administration about reducing tariff measures could further benefit Boot Barn. However, Hamblin has revised Boot Barn’s fiscal year 2026 and 2027 estimates downwards, taking a conservative stance due to the current uncertainties and risks.
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