Analysts Set Expectations for Foot Locker FY2025 Earnings

Foot Locker, Inc. (NYSE:FL) – Analysts at Seaport Res Ptn lowered their FY2025 EPS estimates for shares of Foot Locker in a report released on Wednesday, December 4th. Seaport Res Ptn analyst M. Kummetz now expects that the athletic footwear retailer will earn $1.25 per share for the year, down from their previous estimate of $1.50. The consensus estimate for Foot Locker’s current full-year earnings is $1.23 per share. Seaport Res Ptn also issued estimates for Foot Locker’s Q4 2025 earnings at $0.75 EPS.

Several other brokerages also recently weighed in on FL. Jefferies Financial Group reduced their target price on shares of Foot Locker from $27.00 to $22.00 and set a “hold” rating on the stock in a research note on Wednesday, December 4th. JPMorgan Chase & Co. reduced their price objective on shares of Foot Locker from $27.00 to $23.00 and set an “underweight” rating on the stock in a research report on Wednesday, December 4th. Morgan Stanley dropped their target price on Foot Locker from $17.00 to $16.00 and set an “underweight” rating for the company in a research report on Friday. StockNews.com downgraded Foot Locker from a “hold” rating to a “sell” rating in a report on Friday, September 20th. Finally, Telsey Advisory Group dropped their price objective on Foot Locker from $30.00 to $24.00 and set a “market perform” rating for the company in a report on Thursday. Four analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, Foot Locker currently has a consensus rating of “Hold” and an average target price of $25.29.

Foot Locker Stock Up 3.9 %

Shares of FL opened at $22.00 on Monday. The company has a quick ratio of 0.49, a current ratio of 1.67 and a debt-to-equity ratio of 0.15. The business has a fifty day moving average of $23.87 and a 200 day moving average of $25.85. The company has a market cap of $2.09 billion, a PE ratio of -4.88, a P/E/G ratio of 0.77 and a beta of 1.46. Foot Locker has a 52-week low of $19.33 and a 52-week high of $35.60.

Foot Locker (NYSE:FL) last issued its quarterly earnings data on Wednesday, December 4th. The athletic footwear retailer reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.07). The company had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $2.01 billion. Foot Locker had a negative net margin of 5.24% and a positive return on equity of 2.91%. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter last year, the company earned $0.30 earnings per share.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FL. Quarry LP bought a new stake in shares of Foot Locker in the 2nd quarter valued at about $31,000. Fifth Third Bancorp increased its holdings in Foot Locker by 116.0% during the second quarter. Fifth Third Bancorp now owns 1,365 shares of the athletic footwear retailer’s stock valued at $34,000 after buying an additional 733 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in Foot Locker by 156.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,616 shares of the athletic footwear retailer’s stock worth $40,000 after buying an additional 985 shares in the last quarter. Headlands Technologies LLC purchased a new stake in Foot Locker during the second quarter worth $43,000. Finally, nVerses Capital LLC bought a new stake in Foot Locker during the 3rd quarter valued at $47,000.

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.