Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Boot Barn Holdings, Inc. (NYSE: BOOT)

NEW YORK--(BUSINESS WIRE)--Spruce Point Capital Management, LLC (“Spruce Point” or “we” or “us”), a New York-based investment management firm that focuses on forensic research and short-selling, today issued a detailed report entitled “Boot This Stock From Your Portfolio” that outlines why we believe shares of Boot Barn Holdings, Inc. (NYSE: BOOT) ("Boot Barn" or the "Company") face up to 40% to 50% long-term downside risk, or $51.40 – $61.70 per share. Download and view the report by visiting