Foot Locker (NYSE:FL) Updates FY26 Earnings Guidance

Foot Locker (NYSE:FL - Get Free Report) updated its FY26 earnings guidance on Wednesday. The company provided EPS guidance of $1.35-1.65 for the period, compared to the consensus EPS estimate of $1.72. The company issued revenue guidance of (1%)-0.5% to ~$7.91-8.03, compared to the consensus revenue estimate of $8.23 billion. Foot Locker also updated its FY 2025 guidance to 1.350-1.650 EPS.

Analyst Ratings Changes

A number of brokerages have weighed in on FL. Telsey Advisory Group reiterated a "market perform" rating and set a $24.00 price target on shares of Foot Locker in a research report on Wednesday. The Goldman Sachs Group reduced their price objective on shares of Foot Locker from $25.00 to $22.00 and set a "sell" rating for the company in a research report on Thursday, December 5th. Barclays cut their target price on shares of Foot Locker from $34.00 to $29.00 and set an "overweight" rating on the stock in a report on Friday, December 6th. Williams Trading raised shares of Foot Locker from a "sell" rating to a "hold" rating and boosted their price objective for the company from $17.00 to $21.00 in a research note on Wednesday, November 27th. Finally, Robert W. Baird lowered their price target on shares of Foot Locker from $24.00 to $20.00 and set a "neutral" rating on the stock in a research note on Thursday. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, Foot Locker presently has a consensus rating of "Hold" and a consensus target price of $23.13.

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Foot Locker Stock Performance

Foot Locker stock traded up $0.86 during trading hours on Friday, reaching $18.70. 4,346,839 shares of the company were exchanged, compared to its average volume of 3,456,685. The firm has a market cap of $1.77 billion, a price-to-earnings ratio of -4.15, a PEG ratio of 0.53 and a beta of 1.55. The company has a current ratio of 1.67, a quick ratio of 0.45 and a debt-to-equity ratio of 0.15. The stock has a 50-day moving average of $19.72 and a 200 day moving average of $23.13. Foot Locker has a 12 month low of $16.92 and a 12 month high of $33.94.

Foot Locker (NYSE:FL - Get Free Report) 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 $0.73 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 during the quarter, compared to analyst estimates of $2.32 billion. During the same period in the prior year, the company posted $0.38 earnings per share. Foot Locker's revenue was down 5.7% on a year-over-year basis. As a group, research analysts anticipate that Foot Locker will post 1.23 earnings per share for the current year.

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.