Foot Locker (NYSE:FL) Releases Earnings Results

Foot Locker (NYSE:FL) posted its quarterly earnings results on Wednesday. The athletic footwear retailer reported $0.86 EPS for the quarter, beating the consensus estimate of $0.73 by $0.13, Zacks reports. Foot Locker had a negative net margin of 5.24% and a positive return on equity of 2.91%. The business had revenue of $2.25 billion for the quarter, compared to analysts’ expectations of $2.32 billion. During the same period in the previous year, the company posted $0.38 EPS. Foot Locker’s revenue was down 5.7% on a year-over-year basis. Foot Locker updated its FY 2025 guidance to 1.350-1.650 EPS and its FY26 guidance to $1.35-1.65 EPS.

Foot Locker Stock Performance

NYSE FL opened at $18.25 on Thursday. The company’s fifty day moving average is $19.91 and its two-hundred day moving average is $23.33. Foot Locker has a 52-week low of $16.92 and a 52-week high of $33.94. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.67 and a quick ratio of 0.45. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of -4.05, a P/E/G ratio of 0.53 and a beta of 1.55.

Wall Street Analyst Weigh In

FL has been the subject of several research reports. Piper Sandler reduced their price target on Foot Locker from $30.00 to $28.00 and set a “neutral” rating for the company in a report on Monday, December 2nd. Evercore ISI decreased their target price on shares of Foot Locker from $30.00 to $22.00 and set an “outperform” rating for the company in a research report on Monday. The Goldman Sachs Group cut their price target on shares of Foot Locker from $25.00 to $22.00 and set a “sell” rating on the stock in a report on Thursday, December 5th. JPMorgan Chase & Co. reduced their price objective on shares of Foot Locker from $23.00 to $20.00 and set an “underweight” rating for the company in a research note on Friday, January 24th. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $24.00 target price on shares of Foot Locker in a research report on Wednesday. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Foot Locker currently has an average rating of “Hold” and an average price target of $24.18.

Foot Locker Company Profile

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.