Foot Locker Q3 EPS Forecast Raised by Telsey Advisory Group

Foot Locker, Inc. (NYSE:FL) – Equities researchers at Telsey Advisory Group raised their Q3 2026 earnings per share estimates for Foot Locker in a report released on Thursday, March 6th. Telsey Advisory Group analyst C. Fernandez now forecasts that the athletic footwear retailer will post earnings per share of $0.39 for the quarter, up from their prior estimate of $0.38. Telsey Advisory Group has a “Market Perform” rating and a $24.00 price target on the stock. The consensus estimate for Foot Locker’s current full-year earnings is $1.23 per share. Telsey Advisory Group also issued estimates for Foot Locker’s Q4 2026 earnings at $0.93 EPS, Q1 2027 earnings at $0.17 EPS, Q3 2027 earnings at $0.47 EPS and FY2027 earnings at $1.75 EPS.

Foot Locker (NYSE:FL) last released 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 positive return on equity of 2.91% and a negative net margin of 5.24%. Foot Locker’s revenue was down 5.7% compared to the same quarter last year. During the same period last year, the business posted $0.38 earnings per share.

A number of other research firms have also recently weighed in on FL. Barclays cut their price target on Foot Locker from $34.00 to $29.00 and set an “overweight” rating on the stock in a research note on Friday, December 6th. The Goldman Sachs Group cut their price target on Foot Locker from $25.00 to $22.00 and set a “sell” rating on the stock in a research note on Thursday, December 5th. Jefferies Financial Group cut their price target on Foot Locker from $22.00 to $19.00 and set a “hold” rating on the stock in a research note on Wednesday. Morgan Stanley cut their price target on Foot Locker from $17.00 to $16.00 and set an “underweight” rating on the stock in a research note on Friday, December 6th. Finally, UBS Group cut their price target on Foot Locker from $22.00 to $21.00 and set a “neutral” rating on the stock in a research note on Thursday. Four equities research 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $23.13.

Foot Locker Trading Up 4.8 %

NYSE:FL opened at $18.70 on Friday. The firm has a market cap of $1.77 billion, a PE ratio of -4.15, a price-to-earnings-growth ratio of 0.53 and a beta of 1.55. The stock has a fifty day moving average price of $19.72 and a 200 day moving average price of $23.13. Foot Locker has a 12-month low of $16.92 and a 12-month high of $33.94. The company has a current ratio of 1.67, a quick ratio of 0.45 and a debt-to-equity ratio of 0.15.

Institutional Trading of Foot Locker

Hedge funds and other institutional investors have recently made changes to their positions in the company. Summit Investment Advisors Inc. increased its position in Foot Locker by 6.9% in the 4th quarter. Summit Investment Advisors Inc. now owns 8,728 shares of the athletic footwear retailer’s stock valued at $190,000 after acquiring an additional 562 shares during the period. Harbour Investments Inc. increased its position in Foot Locker by 81.6% in the 4th quarter. Harbour Investments Inc. now owns 1,442 shares of the athletic footwear retailer’s stock valued at $31,000 after acquiring an additional 648 shares during the period. Chartwell Investment Partners LLC increased its position 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 valued at $870,000 after acquiring an additional 782 shares during the period. Point72 Asia Singapore Pte. Ltd. increased its position in Foot Locker by 32.5% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 3,267 shares of the athletic footwear retailer’s stock valued at $84,000 after acquiring an additional 801 shares during the period. Finally, Foundry Partners LLC increased its position in Foot Locker by 8.8% in the 4th quarter. Foundry Partners LLC now owns 12,784 shares of the athletic footwear retailer’s stock valued at $278,000 after acquiring an additional 1,031 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.