Seaport Res Ptn Estimates Foot Locker Q1 Earnings

Foot Locker, Inc. (NYSE:FL - Free Report) - Equities research analysts at Seaport Res Ptn issued their Q1 2026 earnings per share estimates for shares of Foot Locker in a report issued on Wednesday, March 5th. Seaport Res Ptn analyst M. Kummetz expects that the athletic footwear retailer will earn ($0.04) per share for the quarter. The consensus estimate for Foot Locker's current full-year earnings is $1.23 per share.

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 analysts' consensus estimates of $0.73 by $0.13. Foot Locker had a negative net margin of 5.24% and a positive return on equity of 2.91%. The firm had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.32 billion. During the same quarter last year, the business earned $0.38 earnings per share. The company's quarterly revenue was down 5.7% on a year-over-year basis.

FL has been the topic of a number of other research reports. Robert W. Baird decreased their target price on shares of Foot Locker from $24.00 to $20.00 and set a "neutral" rating on the stock in a report on Thursday, March 6th. Needham & Company LLC reiterated a "buy" rating and set a $24.00 price target on shares of Foot Locker in a research report on Wednesday, March 5th. The Goldman Sachs Group cut their price target on shares of Foot Locker from $25.00 to $22.00 and set a "sell" rating for the company in a research note on Thursday, December 5th. Barclays set a $24.00 target price on shares of Foot Locker in a research report on Wednesday, March 5th. Finally, UBS Group lowered their price target on Foot Locker from $22.00 to $21.00 and set a "neutral" rating on the stock in a research report on Thursday, March 6th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $22.81.

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Foot Locker Price Performance

Shares of FL traded down $1.11 during midday trading on Monday, hitting $16.06. 2,896,956 shares of the company traded hands, compared to its average volume of 3,266,356. The stock has a 50-day moving average of $19.62 and a 200-day moving average of $22.96. 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 one year low of $15.90 and a one year high of $33.94. The firm has a market cap of $1.52 billion, a P/E ratio of -3.54, a PEG ratio of 0.53 and a beta of 1.55.

Institutional Investors Weigh In On Foot Locker

Several institutional investors have recently added to or reduced their stakes in FL. State of New Jersey Common Pension Fund D purchased a new stake in shares of Foot Locker during the third quarter worth about $1,563,000. Chartwell Investment Partners LLC lifted its holdings in Foot Locker by 2.4% in the 3rd quarter. Chartwell Investment Partners LLC now owns 33,685 shares of the athletic footwear retailer's stock worth $870,000 after buying an additional 782 shares during the period. Versor Investments LP bought a new stake in shares of Foot Locker in the 3rd quarter worth approximately $793,000. Empowered Funds LLC grew its position in shares of Foot Locker by 5.4% in the 3rd quarter. Empowered Funds LLC now owns 385,521 shares of the athletic footwear retailer's stock worth $9,962,000 after buying an additional 19,612 shares during the last quarter. Finally, Natixis Advisors LLC increased its stake in shares of Foot Locker by 8.9% during the third quarter. Natixis Advisors LLC now owns 12,867 shares of the athletic footwear retailer's stock valued at $332,000 after buying an additional 1,054 shares during the period.

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.