Foot Locker (NYSE:FL) Releases FY 2025 Earnings Guidance

Foot Locker (NYSE:FL) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.350-1.650 for the period, compared to the consensus estimate of 1.220. The company issued revenue guidance of $7.9 billion-$8.0 billion, compared to the consensus revenue estimate of $8.1 billion.

Foot Locker Stock Down 2.8 %

Shares of NYSE:FL opened at $17.39 on Wednesday. The stock has a 50-day simple moving average of $19.98 and a 200-day simple moving average of $23.37. The stock has a market capitalization 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 1 year low of $16.92 and a 1 year high of $34.71. 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 (NYSE:FL) last issued its earnings results 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. Foot Locker had a negative net margin of 5.24% and a positive return on equity of 2.91%. Equities analysts forecast that Foot Locker will post 1.23 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have weighed in on FL. Evercore ISI decreased their price target on Foot Locker from $30.00 to $22.00 and set an “outperform” rating for the company in a report on Monday. UBS Group dropped their price objective on Foot Locker from $26.00 to $22.00 and set a “neutral” rating on the stock in a report on Thursday, December 5th. Barclays reduced their target price on Foot Locker from $34.00 to $29.00 and set an “overweight” rating for the company in a research note on Friday, December 6th. Williams Trading raised shares of Foot Locker from a “sell” rating to a “hold” rating and upped their price target for the company from $17.00 to $21.00 in a report on Wednesday, November 27th. Finally, The Goldman Sachs Group decreased their price objective on shares of Foot Locker from $25.00 to $22.00 and set a “sell” rating for the company in a report on Thursday, December 5th. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $24.35.

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.