Why Boot Barn Stock Sank Nearly 26% Last Month
Boot Barn(BOOT) The Motley Fool·2024-11-05 07:23
Investors were distracted from looking at the good financial results.Shares of retail chain Boot Barn (BOOT 2.55%) sank 25.5% in October, according to data provided by S&P Global Market Intelligence. The biggest chunk of this decline happened on Oct. 28, after the company reported financial results for its fiscal second quarter of 2025. But the Q2 results weren't the problem. Rather, investors are concerned with a sudden change in leadership.Boot Barn CEO Jim Conroy took over 12 years ago, meaning he took t ...