Foot Locker (NYSE:FL) Issues FY26 Earnings Guidance

Foot Locker (NYSE:FL) issued an update on its FY26 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $1.35-1.65 for the period, compared to the consensus earnings per share estimate of $1.72. The company issued revenue guidance of (1%)-0.5% to ~$7.91-8.03, compared to the consensus revenue estimate of $8.23 billion. Foot Locker also updated its FY 2025 guidance to 1.350-1.650 EPS.

Analyst Ratings Changes

A number of brokerages recently weighed in on FL. Evercore ISI reduced their target price on Foot Locker from $30.00 to $22.00 and set an “outperform” rating on the stock in a report on Monday. Telsey Advisory Group reaffirmed a “market perform” rating and set a $24.00 price target on shares of Foot Locker in a report on Wednesday. Jefferies Financial Group decreased their price objective on shares of Foot Locker from $27.00 to $22.00 and set a “hold” rating for the company in a research report on Wednesday, December 4th. Needham & Company LLC cut their price target on Foot Locker from $25.00 to $24.00 and set a “buy” rating on the stock in a research note on Friday, January 24th. Finally, Robert W. Baird decreased their price target on shares of Foot Locker from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Thursday, December 5th. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Foot Locker has an average rating of “Hold” and an average target price of $24.35.

Foot Locker Price Performance

FL opened at $17.39 on Wednesday. The company has a fifty day moving average price of $19.98 and a two-hundred day moving average price of $23.37. The firm has a market capitalization of $1.65 billion, a PE ratio of -3.85, a P/E/G ratio of 0.53 and a beta of 1.48. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.45 and a current ratio of 1.67. Foot Locker has a 52 week low of $16.92 and a 52 week high of $34.71.

Foot Locker (NYSE:FL) last posted its earnings results on Wednesday, March 5th. The athletic footwear retailer reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.14. Foot Locker had a positive return on equity of 2.91% and a negative net margin of 5.24%. The firm had revenue of $2.25 billion during the quarter, compared to analysts’ expectations of $2.32 billion. During the same period in the previous year, the firm earned $0.38 earnings per share. The company’s revenue was down 5.7% on a year-over-year basis. As a group, analysts anticipate that Foot Locker will post 1.23 earnings per share for the current year.

About Foot Locker

Foot Locker, Inc, through its subsidiaries, operates as a footwear and apparel retailer in North America, Europe, Australia, New Zealand, Asia, and the Middle East. Its brand portfolio includes Foot Locker, a brand comprising sneakers and apparel; Kids Foot Locker, which offers athletic footwear, apparel, and accessories for children; and Champs Sports that operates as a mall-based specialty athletic footwear and apparel retailer.