Boot Barn Holdings (BOOT) Surged as Results and Guidance Exceeded Expectations

Carillon Tower Advisers, an investment management company, released its “Carillon Eagle Small Cap Growth Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the second quarter, equity markets experienced one of their most turbulent periods in recent history. Small-cap stocks managed a rebound in the quarter, recovering from declines at the beginning of the year. Among style indexes, the Russell 2000® Growth Index led the way with an 11.96% gain, outpacing the Russell 2000® Value Index, which rose by 4.96%. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, the Carillon Eagle Small Cap Growth Fund highlighted stocks such as Boot Barn Holdings, Inc. (NYSE:BOOT). Boot Barn Holdings, Inc. (NYSE:BOOT) is a lifestyle retail chain that offers western and work-related footwear, apparel, and accessories. The one-month return of Boot Barn Holdings, Inc. (NYSE:BOOT) was -5.06%, and its shares gained 17.55% of their value over the last 52 weeks. On August 19, 2025, Boot Barn Holdings, Inc. (NYSE:BOOT) stock closed at $164.15 per share, with a market capitalization of $5.016 billion.

Carillon Eagle Small Cap Growth Fund stated the following regarding Boot Barn Holdings, Inc. (NYSE:BOOT) in its second quarter 2025 investor letter:

"Boot Barn Holdings, Inc. (NYSE:BOOT) is a U.S. retailer specializing in western and work footwear, apparel, and accessories through physical stores and online. The stock rebounded sharply after reporting solid quarterly results and providing forward guidance, inclusive of tariffs, that exceeded expectations. Boot Barn’s brand strength continues to reflect its enduring nature, which is underpinned by strong consumer enthusiasm and widespread appeal and reinforced by management’s ability to execute well to offset the impacts of tariffs."

Boot Barn Holdings, Inc. (NYSE:BOOT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 34 hedge fund portfolios held Boot Barn Holdings, Inc. (NYSE:BOOT) at the end of the first quarter, which was 29 in the previous quarter. In the fiscal first quarter of 2026, Boot Barn Holdings, Inc.'s (NYSE:BOOT) revenue increased 19% to $504 million and consolidated same-store sales increased 9.4%. While we acknowledge the potential of Boot Barn Holdings, Inc. (NYSE:BOOT) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

In another article, we covered Boot Barn Holdings, Inc. (NYSE:BOOT) and shared SouthernSun Asset Management's views on the company. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.