Zacks Research Estimates Foot Locker's Q1 Earnings (NYSE:FL)

Foot Locker, Inc. (NYSE:FL - Free Report) - Zacks Research cut their Q1 2026 EPS estimates for Foot Locker in a research note issued to investors on Wednesday, March 19th. Zacks Research analyst R. Department now expects that the athletic footwear retailer will post earnings of ($0.01) per share for the quarter, down from their previous forecast of $0.36. The consensus estimate for Foot Locker's current full-year earnings is $1.23 per share. Zacks Research also issued estimates for Foot Locker's Q4 2026 earnings at $0.88 EPS, Q1 2027 earnings at $0.07 EPS, Q2 2027 earnings at $0.20 EPS and Q4 2027 earnings at $0.87 EPS.

Foot Locker (NYSE:FL - Get Free Report) last announced its earnings results on Wednesday, March 5th. The athletic footwear retailer reported $0.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.73 by $0.13. The firm had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.32 billion. Foot Locker had a negative net margin of 5.24% and a positive return on equity of 2.91%. Foot Locker's revenue was down 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.38 EPS.

A number of other brokerages have also commented on FL. Jefferies Financial Group lowered their price objective on Foot Locker from $22.00 to $19.00 and set a "hold" rating on the stock in a report on Wednesday, March 5th. The Goldman Sachs Group decreased their target price on Foot Locker from $25.00 to $22.00 and set a "sell" rating on the stock in a research report on Thursday, December 5th. Williams Trading raised shares of Foot Locker from a "sell" rating to a "hold" rating and increased their price target for the stock from $17.00 to $21.00 in a research report on Wednesday, November 27th. Piper Sandler dropped their target price on shares of Foot Locker from $23.00 to $19.00 and set a "neutral" rating for the company in a research report on Thursday, March 6th. Finally, Guggenheim cut their price target on Foot Locker from $34.00 to $28.00 and set a "buy" rating for the company in a report on Thursday, December 5th. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $22.81.

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Foot Locker Stock Down 0.3 %

NYSE:FL traded down $0.05 during trading hours on Monday, hitting $15.27. 4,013,792 shares of the company's stock traded hands, compared to its average volume of 3,259,234. Foot Locker has a twelve month low of $14.98 and a twelve month high of $33.94. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.45 and a current ratio of 1.67. The firm has a market cap of $1.45 billion, a P/E ratio of -3.38, a P/E/G ratio of 0.53 and a beta of 1.55. The stock's fifty day moving average price is $18.38 and its two-hundred day moving average price is $21.81.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Harbour Investments Inc. raised its position in shares of Foot Locker by 81.6% during the 4th quarter. Harbour Investments Inc. now owns 1,442 shares of the athletic footwear retailer's stock valued at $31,000 after buying an additional 648 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in Foot Locker in the fourth quarter worth $32,000. R Squared Ltd bought a new stake in shares of Foot Locker during the 4th quarter valued at about $50,000. Sterling Capital Management LLC boosted its holdings in shares of Foot Locker by 819.2% during the 4th quarter. Sterling Capital Management LLC now owns 2,629 shares of the athletic footwear retailer's stock valued at $57,000 after buying an additional 2,343 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Foot Locker in the 3rd quarter worth approximately $58,000.

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.