Foot Locker (NYSE:FL) Releases FY26 Earnings Guidance

Foot Locker (NYSE:FL) updated its FY26 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $1.35-1.65 for the period, compared to the consensus estimate of $1.72. The company issued revenue guidance of (1%)-0.5% to ~$7.91-8.03, compared to the consensus revenue estimate of $8.23 billion. Foot Locker also updated its FY 2025 guidance to 1.350-1.650 EPS.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Piper Sandler reduced their target price on shares of Foot Locker from $30.00 to $28.00 and set a “neutral” rating for the company in a research note on Monday, December 2nd. Barclays reduced their price objective on shares of Foot Locker from $34.00 to $29.00 and set an “overweight” rating for the company in a research report on Friday, December 6th. Guggenheim dropped their target price on Foot Locker from $34.00 to $28.00 and set a “buy” rating on the stock in a research report on Thursday, December 5th. UBS Group reduced their price target on Foot Locker from $26.00 to $22.00 and set a “neutral” rating for the company in a report on Thursday, December 5th. Finally, Jefferies Financial Group dropped 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. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, Foot Locker has an average rating of “Hold” and a consensus target price of $23.94.

Foot Locker Stock Performance

Shares of FL opened at $18.25 on Thursday. Foot Locker has a 12-month low of $16.92 and a 12-month high of $33.94. The stock has a market cap of $1.73 billion, a P/E ratio of -4.05, a PEG ratio of 0.53 and a beta of 1.55. 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 company has a 50-day moving average of $19.91 and a two-hundred day moving average of $23.33.

Foot Locker (NYSE:FL) last issued its quarterly earnings data on Wednesday, March 5th. The athletic footwear retailer reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.13. The firm had revenue of $2.25 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was down 5.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.38 EPS. As a group, research analysts predict that Foot Locker will post 1.23 EPS for the current fiscal year.

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.