Stock Up 40% in a Year, $706 Million in Quarterly Sales: Why Boot Barn’s Trimmed Stake Deserves a Look

The Motley Fool
by newsfeedback@fool.com (Jonathan Ponciano)
February 14, 2026
AI-Generated Deep Dive Summary
Ranger Investment Management made headlines by trimming its stake in Boot Barn Holdings, selling 99,800 shares valued at approximately $18.62 million based on the fourth quarter's average stock price. This sale reduced the fund's position value in Boot Barn by $15.63 million, reflecting a combination of trading activity and market movements. The move comes amid Boot Barn's strong financial performance, including a 40% year-over-year stock increase and robust quarterly sales of $706 million. Boot Barn Holdings is a leading specialty retailer in the western and workwear apparel sector, operating over 500 stores across 49 states and multiple e-commerce platforms. The company has differentiated itself through its unique product assortment and omni-channel strategy, effectively catering to diverse customer demographics—from rural to urban consumers seeking durable and lifestyle-focused merchandise. This strategic approach has given Boot Barn a competitive edge in the fragmented apparel retail market. The significance of Ranger Investment Management's decision lies in its potential implications for the broader investment community. While Boot Barn
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Originally published on The Motley Fool on 2/14/2026