Foot Locker (NYSE:FL) Updates FY 2025 Earnings Guidance

Foot Locker (NYSE:FL) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.350-1.650 for the period, compared to the consensus earnings per share estimate of 1.220. The company issued revenue guidance of $7.9 billion-$8.0 billion, compared to the consensus revenue estimate of $8.1 billion. Foot Locker also updated its FY26 guidance to $1.35-1.65 EPS.

Foot Locker Stock Performance

Shares of NYSE FL opened at $17.82 on Friday. The stock has a 50 day moving average price of $19.91 and a 200 day moving average price of $23.33. Foot Locker has a 52 week low of $16.92 and a 52 week high of $33.94. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.45 and a current ratio of 1.67. The stock has a market capitalization of $1.69 billion, a PE ratio of -3.95, a price-to-earnings-growth ratio of 0.53 and a beta of 1.55.

Foot Locker (NYSE:FL) last issued its quarterly earnings results on Wednesday, March 5th. The athletic footwear retailer reported $0.86 EPS for the quarter, beating the consensus estimate of $0.73 by $0.13. Foot Locker had a positive return on equity of 2.91% and a negative net margin of 5.24%. The firm had revenue of $2.25 billion during the quarter, compared to analysts’ expectations of $2.32 billion. During the same period in the prior year, the firm posted $0.38 earnings per share. The business’s quarterly revenue was down 5.7% compared to the same quarter last year. Analysts predict that Foot Locker will post 1.23 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. The Goldman Sachs Group lowered their target price 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. Barclays lowered their price objective 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. Guggenheim lowered their price objective on Foot Locker from $34.00 to $28.00 and set a “buy” rating on the stock in a research note on Thursday, December 5th. JPMorgan Chase & Co. lowered their price objective on Foot Locker from $23.00 to $20.00 and set an “underweight” rating on the stock in a research note on Friday, January 24th. Finally, Needham & Company LLC restated a “buy” rating and set a $24.00 price objective on shares of Foot Locker in a research note on Wednesday. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Foot Locker currently has a consensus rating of “Hold” and a consensus price target of $23.35.

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.