Brokers Offer Predictions for Foot Locker FY2026 Earnings

Foot Locker, Inc. (NYSE:FL) – Stock analysts at Seaport Res Ptn decreased their FY2026 earnings per share (EPS) estimates for Foot Locker in a research note issued on Wednesday, December 4th. Seaport Res Ptn analyst M. Kummetz now expects that the athletic footwear retailer will earn $1.85 per share for the year, down from their prior forecast of $2.11. The consensus estimate for Foot Locker’s current full-year earnings is $1.52 per share. Seaport Res Ptn also issued estimates for Foot Locker’s FY2027 earnings at $2.23 EPS.

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

A number of other brokerages have also recently weighed in on FL. Morgan Stanley lowered their price target on Foot Locker from $17.00 to $16.00 and set an “underweight” rating on the stock in a research report on Friday. Piper Sandler lowered their price target on Foot Locker from $30.00 to $28.00 and set a “neutral” rating on the stock in a research report on Monday, December 2nd. UBS Group decreased their target price on Foot Locker from $26.00 to $22.00 and set a “neutral” rating on the stock in a report on Thursday. Gordon Haskett started coverage on Foot Locker in a report on Monday, October 7th. They set an “accumulate” rating and a $27.00 target price on the stock. Finally, Jefferies Financial Group decreased their target price on Foot Locker from $27.00 to $22.00 and set a “hold” rating on the stock in a report on Wednesday. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Foot Locker presently has a consensus rating of “Hold” and an average price target of $25.29.

Foot Locker Stock Performance

Shares of NYSE:FL opened at $22.00 on Friday. The business’s fifty day moving average price is $23.96 and its two-hundred day moving average price is $25.81. Foot Locker has a fifty-two week low of $19.33 and a fifty-two week high of $35.60. The stock has a market capitalization of $2.09 billion, a price-to-earnings ratio of -4.92, a price-to-earnings-growth ratio of 0.64 and a beta of 1.46. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.67 and a quick ratio of 0.49.

Hedge Funds Weigh In On Foot Locker

Large investors have recently made changes to their positions in the company. Renaissance Technologies LLC acquired a new position in shares of Foot Locker during the second quarter valued at $1,024,000. Intech Investment Management LLC acquired a new position in shares of Foot Locker during the third quarter valued at $829,000. Versor Investments LP acquired a new position in shares of Foot Locker during the third quarter valued at $793,000. Edgestream Partners L.P. lifted its stake in shares of Foot Locker by 477.2% during the third quarter. Edgestream Partners L.P. now owns 117,602 shares of the athletic footwear retailer’s stock valued at $3,039,000 after acquiring an additional 97,226 shares during the period. Finally, Chartwell Investment Partners LLC lifted its stake in shares of Foot Locker by 2.4% during the third quarter. Chartwell Investment Partners LLC now owns 33,685 shares of the athletic footwear retailer’s stock valued at $870,000 after acquiring an additional 782 shares during the period.

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.