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Tag: Q1 results

  • Boot Barn’s Executives Make Major Share Sales Following Strong Q1 Growth

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    Boot Barn Holdings, Inc. (NYSE:BOOT) is one of the 12 High-Risk High-Reward Growth Stocks to Buy Right Now.

    The company’s top executives make a bold move following the strong Q1 2026 results.

    Boot Barn’s Executives Make Major Share Sales Following Strong Q1 Growth

    Boot Barn Holdings, Inc. (NYSE:BOOT)’s Q1 2026 earnings call, released on July 31, 2025, reported an increase in revenue of 19%, reaching $504 million. During the quarter, the company opened 14 new stores and announced its plans to open 65 to 70 new stores by the end of the year. Alongside these expansion efforts, the company is also witnessing growth in its E-commerce platform, with the revenue for the first quarter through online shopping achieving 9.3% growth.

    Following the reporting of its Q1 results, the company’s top executives were seen engaged in major sales. On August 25, 2025, Director Brenda Morris made a sale of 1,500 shares amounting to a transaction value of $255,000. Later, on August 26, 2025, the company’s Chief Merchandising Officer, Laurie Marie Grijalva, sold 7,487 shares of the company in a transaction valued at $1,288,812.

    With a beta of 1.62 reflecting the stock’s high volatility, Boot Barn Holdings, Inc. (NYSE:BOOT)’s value is anticipated to grow by 29.62% on average in a period of 1 year.

    Boot Barn Holdings, Inc. (NYSE:BOOT) founded in 1978, is a specialty retail company primarily focused on Western and work-related footwear, apparel, and accessories. Headquartered in California, the company operates a growing chain of stores across the U.S.

    While we acknowledge the potential of 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.

    READ NEXT: 11 Best Performing IPOs in the Last 2 Years and 13 Best Fortune 500 Dividend Stocks to Invest In

    Disclosure. None.

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  • Kotak Bank Q1 PAT up 67% on strong NII, other income growth

    Kotak Bank Q1 PAT up 67% on strong NII, other income growth

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    Kotak Mahindra Bank posted a net profit of ₹3,452 crore for Q1 FY24, up 67 per cent y-o-y led by strong growth in net interest and other income.

    Fees and services income was up 20 per cent y-o-y to ₹1,827 crore for the quarter.

    Sequentially, the profit after tax was 1.3 per cent lower on account of higher provisions due to increase in slippages as the bank maintained higher provisions on restructured and unsecured loans.

    Net Interest Income (NII) was up 33 per cent y-o-y at ₹6,234 crore. Net Interest Margin (NIM) for the quarter was 5.57 per cent.

    In the earnings call, the management said that it expects NIM to keep moderating in the coming few quarters due to deposit repricing and eventually stabilise at the long-term average of around 5.25 per cent.

    Customer Assets, including advances and credit substitutes, increased by 18 per cent yoy to ₹3.6 lakh crore as at June 30. However, the bank continues to be cautious on growing the corporate portfolio given the pricing issues in the market.

    The bank sees loan growth for FY24 in high teens to early 20, also aided by a pick up in corporate loans which grew 7 per sequentially during the quarter.

    Unsecured retail advances (including Retail Micro Finance) accounted for 10.7 per cent of net advances as of June 30, up from 7.9 per cent a year ago, with growth across segments such as credit cards, personal and business loans and MFI, the bank said.

    On stress in the unsecured book, Joint MD Dipak Gupta said that the portfolio is holding well for now given also that the growth is on a small base. The bank, is however, continuously monitoring and watching the portfolio to ensure portfolio quality, he said.

    Deposits of the bank were at ₹3.9 lakh crore as of June 30, led by 49 per cent growth in CASA deposits, largely led by current account deposits which grew 8 per cent y-o-y.

    Kotak Bank’s cost of funds increased sequentially, largely due to the increase in the share of higher cost ActivMoney and term deposits even as cost for savings deposits declined due to 1 per cent y-o-y degrowth.

    The bank saw slippages of ₹1,205 crore in Q1, of which ₹288 crore were written back during the quarter itself. Slippages were slightly elevated, driven by unsecured retail loans and tractor finance. Recoveries and upgrades were at ₹692 crore for the quarter.

    Gross NPA ratio of the bank improved to 1.77 per cent from 1.78 per cent a quarter ago and 2.24 per cent a year ago. Net NPA ratio at 0.40 per cent was also better than 0.62 per cent in the previous year and 0.37 per cent in the previous quarter.

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