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

Foot Locker (NYSE:FL - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.350-1.650 for the period, compared to the consensus earnings per share 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 also updated its FY26 guidance to $1.35-1.65 EPS.

Foot Locker Stock Up 4.8 %

Shares of NYSE FL traded up $0.86 during midday trading on Friday, hitting $18.70. 4,346,839 shares of the company's stock were exchanged, compared to its average volume of 3,456,685. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.67 and a quick ratio of 0.45. Foot Locker has a twelve month low of $16.92 and a twelve month high of $33.94. The company has a market cap of $1.77 billion, a PE ratio of -4.15, a P/E/G ratio of 0.53 and a beta of 1.55. The firm's fifty day simple moving average is $19.72 and its 200-day simple moving average is $23.13.

Foot Locker (NYSE:FL - Get Free Report) last issued its earnings results on Wednesday, March 5th. The athletic footwear retailer reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.13. Foot Locker had a positive return on equity of 2.91% and a negative net margin of 5.24%. The business had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same quarter last year, the company earned $0.38 EPS. The business's quarterly revenue was down 5.7% on a year-over-year basis. Research analysts predict that Foot Locker will post 1.23 EPS for the current fiscal year.

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Wall Street Analyst Weigh In

Several brokerages have weighed in on FL. UBS Group lowered their target price on Foot Locker from $22.00 to $21.00 and set a "neutral" rating on the stock in a research note on Thursday. Robert W. Baird lowered their target price on Foot Locker from $24.00 to $20.00 and set a "neutral" rating on the stock in a research note on Thursday. Guggenheim lowered their target price on Foot Locker from $34.00 to $28.00 and set a "buy" rating on the stock in a research note on Thursday, December 5th. Needham & Company LLC reiterated a "buy" rating and issued a $24.00 target price on shares of Foot Locker in a research note on Wednesday. Finally, Jefferies Financial Group lowered their target price on Foot Locker from $22.00 to $19.00 and set a "hold" rating on the stock in a research note on Wednesday. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $23.13.

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.