Foot Locker Q1 EPS Forecast Cut by Telsey Advisory Group

Foot Locker, Inc. (NYSE:FL - Free Report) - Investment analysts at Telsey Advisory Group dropped their Q1 2026 earnings per share (EPS) estimates for shares of Foot Locker in a research report issued to clients and investors on Thursday, December 5th. Telsey Advisory Group analyst C. Fernandez now expects that the athletic footwear retailer will post earnings per share of $0.39 for the quarter, down from their previous estimate of $0.46. Telsey Advisory Group currently has a "Market Perform" rating and a $24.00 target price on the stock. The consensus estimate for Foot Locker's current full-year earnings is $1.25 per share. Telsey Advisory Group also issued estimates for Foot Locker's Q2 2026 earnings at $0.21 EPS and Q3 2026 earnings at $0.38 EPS.

Other equities research analysts have also recently issued research reports about the company. Needham & Company LLC reissued a "buy" rating and issued a $27.00 price target on shares of Foot Locker in a research note on Wednesday. Evercore ISI lowered their price target on shares of Foot Locker from $38.00 to $32.00 and set an "outperform" rating for the company in a report on Tuesday, November 26th. Gordon Haskett started coverage on shares of Foot Locker in a research report on Monday, October 7th. They set an "accumulate" rating and a $27.00 price objective for the company. JPMorgan Chase & Co. lowered their target price on shares of Foot Locker from $27.00 to $23.00 and set an "underweight" rating for the company in a research note on Wednesday. Finally, Piper Sandler cut their price target on shares of Foot Locker from $30.00 to $28.00 and set a "neutral" rating on the stock in a research report on Monday, December 2nd. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, Foot Locker currently has an average rating of "Hold" and an average price target of $25.29.

Foot Locker Trading Up 3.9 %

NYSE FL traded up $0.83 during trading hours on Friday, reaching $22.00. The company's stock had a trading volume of 5,436,217 shares, compared to its average volume of 4,214,639. Foot Locker has a 52 week low of $19.33 and a 52 week high of $35.60. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.67 and a quick ratio of 0.49. The stock has a market cap of $2.09 billion, a P/E ratio of -4.88, a P/E/G ratio of 0.64 and a beta of 1.46. The firm has a fifty day simple moving average of $23.87 and a 200-day simple moving average of $25.80.

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

Hedge Funds Weigh In On Foot Locker

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Quarry LP purchased a new position in shares of Foot Locker in the 2nd quarter worth about $31,000. Fifth Third Bancorp raised its position in Foot Locker by 116.0% in the second quarter. Fifth Third Bancorp now owns 1,365 shares of the athletic footwear retailer's stock worth $34,000 after acquiring an additional 733 shares during the period. Northwestern Mutual Wealth Management Co. boosted 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 valued at $40,000 after acquiring an additional 985 shares during the last quarter. Headlands Technologies LLC bought a new position in shares of Foot Locker during the 2nd quarter valued at approximately $43,000. Finally, nVerses Capital LLC purchased a new stake in shares of Foot Locker during the 3rd quarter worth approximately $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.