Can Boot Barn's Work Business Extend Its Five-Quarter Growth Streak?

Boot Barn Holdings (BOOT) reported accelerating momentum in its work business, with work boots achieving high-single-digit comparable sales growth in Q1 fiscal 2027—the strongest pace in several years. Growth was driven by both Pull-On and Lace-Up styles, new third-party brands, and improved merchandising and marketing efforts. Work apparel also reached high-single-digit growth in July, spanning both FR and non-FR products. The company trades at a forward P/E of 16.29 and carries a Zacks Rank #2 (Buy) with consensus estimates implying 22.6% and 10.5% year-over-year earnings growth for current and next fiscal years.