Seaport Res Ptn Forecasts Foot Locker Q2 Earnings

Foot Locker, Inc. (NYSE:FL) – Equities researchers at Seaport Res Ptn issued their Q2 2026 earnings per share estimates for Foot Locker in a report released on Wednesday, March 5th. Seaport Res Ptn analyst M. Kummetz anticipates that the athletic footwear retailer will earn $0.21 per share for the quarter. The consensus estimate for Foot Locker’s current full-year earnings is $1.23 per share. Seaport Res Ptn also issued estimates for Foot Locker’s Q3 2026 earnings at $0.43 EPS, Q4 2026 earnings at $0.90 EPS, FY2026 earnings at $1.50 EPS, FY2027 earnings at $1.85 EPS and FY2028 earnings at $2.18 EPS.

FL has been the subject of several other reports. The Goldman Sachs Group reduced their price objective on Foot Locker from $25.00 to $22.00 and set a “sell” rating for the company in a research report on Thursday, December 5th. UBS Group reduced their price objective on Foot Locker from $22.00 to $21.00 and set a “neutral” rating for the company in a research report on Thursday. Morgan Stanley reduced their price objective on Foot Locker from $17.00 to $16.00 and set an “underweight” rating for the company in a research report on Friday, December 6th. Williams Trading raised Foot Locker from a “sell” rating to a “hold” rating and increased their price objective for the company from $17.00 to $21.00 in a research report on Wednesday, November 27th. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $24.00 price objective on shares of Foot Locker in a research report on Wednesday. Four 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. According to MarketBeat, Foot Locker has an average rating of “Hold” and a consensus target price of $23.13.

Foot Locker Stock Up 4.8 %

FL opened at $18.70 on Friday. Foot Locker has a 1-year low of $16.92 and a 1-year 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. The stock has a market capitalization of $1.77 billion, a price-to-earnings ratio of -4.15, a P/E/G ratio of 0.53 and a beta of 1.55. The business has a 50 day moving average of $19.72 and a 200-day moving average of $23.13.

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

Institutional Trading of Foot Locker

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Harbour Investments Inc. boosted its holdings in Foot Locker by 81.6% in the fourth 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 last quarter. Aster Capital Management DIFC Ltd bought a new position in Foot Locker in the fourth quarter valued at about $32,000. Wilmington Savings Fund Society FSB bought a new position in Foot Locker in the third quarter valued at about $58,000. R Squared Ltd bought a new position in Foot Locker in the fourth quarter valued at about $50,000. Finally, Sterling Capital Management LLC boosted its holdings in Foot Locker by 819.2% in the fourth quarter. Sterling Capital Management LLC now owns 2,629 shares of the athletic footwear retailer’s stock valued at $57,000 after acquiring an additional 2,343 shares during the last quarter.

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.