Foot Locker (NYSE:FL) Releases FY26 Earnings Guidance

Foot Locker (NYSE:FL) updated its FY26 earnings guidance on Wednesday. The company provided EPS guidance of $1.35-1.65 for the period, compared to the consensus EPS 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.

Foot Locker Stock Down 2.8 %

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

Foot Locker (NYSE:FL) last released its quarterly earnings data on Wednesday, March 5th. The athletic footwear retailer reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.14. The business had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.32 billion. Foot Locker had a positive return on equity of 2.91% and a negative net margin of 5.24%. The business’s revenue for the quarter was down 5.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.38 EPS. On average, research analysts expect that Foot Locker will post 1.23 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Jefferies Financial Group dropped their price target on Foot Locker from $27.00 to $22.00 and set a “hold” rating for the company in a research report on Wednesday, December 4th. Williams Trading raised Foot Locker from a “sell” rating to a “hold” rating and upped their target price for the company from $17.00 to $21.00 in a report on Wednesday, November 27th. Barclays decreased their price objective on Foot Locker from $34.00 to $29.00 and set an “overweight” rating for the company in a report on Friday, December 6th. Morgan Stanley decreased their price objective on Foot Locker from $17.00 to $16.00 and set an “underweight” rating for the company in a report on Friday, December 6th. Finally, JPMorgan Chase & Co. decreased their price objective on Foot Locker from $23.00 to $20.00 and set an “underweight” rating for the company in a report on Friday, January 24th. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $24.35.

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.