Foot Locker (FL) to Release Earnings on Thursday

Foot Locker (NYSE:FL) is projected to issue its Q1 2026 quarterly earnings data before the market opens on Thursday, May 29th. Analysts expect Foot Locker to post earnings of $0.01 per share and revenue of $1.86 billion for the quarter. Foot Locker has set its FY 2025 guidance at 1.350-1.650 EPS and its FY26 guidance at $1.35-1.65 EPS.

Foot Locker (NYSE:FL) last posted 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 for 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 business’s revenue for the quarter was down 5.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.38 EPS. On average, analysts expect Foot Locker to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Foot Locker Stock Up 0.8%

Shares of FL opened at $23.89 on Wednesday. The business’s fifty day moving average price is $14.82 and its two-hundred day moving average price is $18.60. The firm has a market capitalization of $2.28 billion, a price-to-earnings ratio of -5.30, a PEG ratio of 0.53 and a beta of 1.42. Foot Locker has a 52 week low of $11.00 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.

Institutional Investors Weigh In On Foot Locker

A number of hedge funds and other institutional investors have recently made changes to their positions in FL. Goldman Sachs Group Inc. boosted its holdings in Foot Locker by 4.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,174,832 shares of the athletic footwear retailer’s stock valued at $44,765,000 after purchasing an additional 136,836 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Foot Locker by 14.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 301,304 shares of the athletic footwear retailer’s stock valued at $4,248,000 after buying an additional 37,838 shares in the last quarter. Royal Bank of Canada raised its position in shares of Foot Locker by 8.2% in the first quarter. Royal Bank of Canada now owns 60,170 shares of the athletic footwear retailer’s stock valued at $848,000 after buying an additional 4,574 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Foot Locker by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 49,610 shares of the athletic footwear retailer’s stock valued at $700,000 after buying an additional 2,148 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Citigroup raised their price target on Foot Locker from $20.00 to $24.00 and gave the company a “neutral” rating in a report on Friday, May 16th. Telsey Advisory Group reiterated a “market perform” rating and set a $20.00 price target on shares of Foot Locker in a research report on Thursday, May 15th. Evercore ISI dropped their price target on shares of Foot Locker from $22.00 to $15.00 and set an “outperform” rating for the company in a research note on Friday, April 11th. Needham & Company LLC reaffirmed a “hold” rating and set a $24.00 target price on shares of Foot Locker in a report on Thursday, May 15th. Finally, Robert W. Baird upped their target price on shares of Foot Locker from $14.00 to $24.00 and gave the company a “neutral” rating in a research report on Friday, May 16th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $21.19.

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.