Brokers Offer Predictions for Foot Locker FY2026 Earnings

Foot Locker, Inc. (NYSE:FL) – Stock analysts at Seaport Res Ptn lowered their FY2026 earnings per share (EPS) estimates for 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 $1.85 per share for the year, down from their previous estimate of $2.11. The consensus estimate for Foot Locker’s current full-year earnings is $1.52 per share. Seaport Res Ptn also issued estimates for Foot Locker’s FY2027 earnings at $2.23 EPS.

Foot Locker (NYSE:FL) last released its earnings results on Wednesday, December 4th. The athletic footwear retailer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.07). Foot Locker had a negative net margin of 5.24% and a positive return on equity of 2.91%. The company had revenue of $1.96 billion during the quarter, compared to analyst estimates of $2.01 billion. During the same period in the previous year, the company posted $0.30 EPS. The company’s quarterly revenue was down 1.4% compared to the same quarter last year.

Other equities research analysts have also issued research reports about the company. StockNews.com lowered Foot Locker from a “hold” rating to a “sell” rating in a research report on Friday, September 20th. Piper Sandler dropped their price target on Foot Locker from $30.00 to $28.00 and set a “neutral” rating on the stock in a research report on Monday, December 2nd. Jefferies Financial Group dropped their price target on Foot Locker from $27.00 to $22.00 and set a “hold” rating on the stock in a research report on Wednesday. Williams Trading raised Foot Locker from a “sell” rating to a “hold” rating and raised their price target for the stock from $17.00 to $21.00 in a research report on Wednesday, November 27th. Finally, Barclays dropped their price target on Foot Locker from $34.00 to $29.00 and set an “overweight” rating on the stock in a research report on Friday. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $25.29.

Foot Locker Trading Up 3.9 %

NYSE:FL opened at $22.00 on Friday. The firm has a market capitalization of $2.09 billion, a price-to-earnings ratio of -4.92, a PEG ratio of 0.64 and a beta of 1.46. The company has a current ratio of 1.67, a quick ratio of 0.49 and a debt-to-equity ratio of 0.15. The business’s 50-day moving average price is $23.96 and its two-hundred day moving average price is $25.81. Foot Locker has a 1-year low of $19.33 and a 1-year high of $35.60.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Renaissance Technologies LLC bought a new position in Foot Locker in the second quarter valued at approximately $1,024,000. Intech Investment Management LLC bought a new position in Foot Locker in the third quarter valued at approximately $829,000. Versor Investments LP bought a new position in Foot Locker in the third quarter valued at approximately $793,000. Edgestream Partners L.P. grew its stake in Foot Locker by 477.2% in the third quarter. Edgestream Partners L.P. now owns 117,602 shares of the athletic footwear retailer’s stock valued at $3,039,000 after purchasing an additional 97,226 shares in the last quarter. Finally, Chartwell Investment Partners LLC grew its stake in Foot Locker by 2.4% in the third quarter. Chartwell Investment Partners LLC now owns 33,685 shares of the athletic footwear retailer’s stock valued at $870,000 after purchasing an additional 782 shares in the last quarter.

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.