WallStSmart

Boot Barn Holdings Inc (BOOT)vsLululemon Athletica Inc. (LULU)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Lululemon Athletica Inc. generates 373% more annual revenue ($11.09B vs $2.34B). LULU leads profitability with a 12.8% profit margin vs 10.3%. LULU appears more attractively valued with a PEG of 0.77. BOOT earns a higher WallStSmart Score of 67/100 (B-).

BOOT

Strong Buy

67

out of 100

Grade: B-

Growth: 8.7Profit: 7.0Value: 4.0Quality: 7.0
Piotroski: 4/9Altman Z: 2.69

LULU

Buy

62

out of 100

Grade: C+

Growth: 4.0Profit: 7.5Value: 9.3Quality: 7.5
Piotroski: 3/9Altman Z: 4.12
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BOOTSignificantly Overvalued (-66.7%)

Margin of Safety

-66.7%

Fair Value

$113.78

Current Price

$144.39

$30.61 premium

UndervaluedFair: $113.78Overvalued
LULUUndervalued (+70.5%)

Margin of Safety

+70.5%

Fair Value

$597.24

Current Price

$98.97

$498.27 discount

UndervaluedFair: $597.24Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BOOT2 strengths · Avg: 8.0/10
Revenue GrowthGrowth
17.7%8/10

17.7% revenue growth

EPS GrowthGrowth
31.6%8/10

Earnings expanding 31.6% YoY

LULU5 strengths · Avg: 9.2/10
P/E RatioValuation
8.5x10/10

Attractively priced relative to earnings

Return on EquityProfitability
30.3%10/10

Every $100 of equity generates 30 in profit

Altman Z-ScoreHealth
4.1210/10

Safe zone — low bankruptcy risk

PEG RatioValuation
0.778/10

Growing faster than its price suggests

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

Areas to Watch

BOOT1 concerns · Avg: 4.0/10
PEG RatioValuation
1.724/10

Expensive relative to growth rate

LULU3 concerns · Avg: 2.3/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Revenue GrowthGrowth
-4.3%2/10

Revenue declined 4.3%

EPS GrowthGrowth
-5.9%2/10

Earnings declined 5.9%

Comparative Analysis Report

WallStSmart Research

Bull Case : BOOT

The strongest argument for BOOT centers on Revenue Growth, EPS Growth. Revenue growth of 17.7% demonstrates continued momentum.

Bull Case : LULU

The strongest argument for LULU centers on P/E Ratio, Return on Equity, Altman Z-Score. PEG of 0.77 suggests the stock is reasonably priced for its growth.

Bear Case : BOOT

The primary concerns for BOOT are PEG Ratio.

Bear Case : LULU

The primary concerns for LULU are Piotroski F-Score, Revenue Growth, EPS Growth.

Key Dynamics to Monitor

BOOT profiles as a growth stock while LULU is a declining play — different risk/reward profiles.

BOOT carries more volatility with a beta of 1.70 — expect wider price swings.

BOOT is growing revenue faster at 17.7% — sustainability is the question.

LULU generates stronger free cash flow (87M), providing more financial flexibility.

Bottom Line

BOOT scores higher overall (67/100 vs 62/100) and 17.7% revenue growth. LULU offers better value entry with a 70.5% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Boot Barn Holdings Inc

CONSUMER CYCLICAL · APPAREL RETAIL · USA

Boot Barn Holdings, Inc., a lifestyle retail chain, operates specialty retail stores in the United States. The company is headquartered in Irvine, California.

Lululemon Athletica Inc.

CONSUMER CYCLICAL · APPAREL RETAIL · USA

lululemon athletica inc. The company is headquartered in Vancouver, Canada.

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