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

Foot Locker (NYSE:FL) updated its FY 2025 earnings guidance on Wednesday. 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 Trading Up 5.0 %

Shares of Foot Locker stock opened at $18.25 on Thursday. The company’s 50-day moving average price is $19.91 and its 200-day moving average price is $23.33. The company has a current ratio of 1.67, a quick ratio of 0.45 and a debt-to-equity ratio of 0.15. Foot Locker has a 12-month low of $16.92 and a 12-month high of $33.94. The company has a market cap of $1.73 billion, a price-to-earnings ratio of -4.05, a PEG ratio of 0.53 and a beta of 1.55.

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, 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 company had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.32 billion. During the same quarter last year, the company earned $0.38 earnings per share. The firm’s quarterly revenue was down 5.7% on a year-over-year basis. On average, equities analysts expect that Foot Locker will post 1.23 earnings per share for the current fiscal year.

Analyst Ratings Changes

FL has been the topic of a number of research analyst reports. Barclays decreased their price target on shares of Foot Locker from $34.00 to $29.00 and set an “overweight” rating on the stock in a report on Friday, December 6th. Guggenheim lowered their price target on shares of Foot Locker from $34.00 to $28.00 and set a “buy” rating for the company in a research note on Thursday, December 5th. Piper Sandler reduced their price objective on Foot Locker from $30.00 to $28.00 and set a “neutral” rating on the stock in a research note on Monday, December 2nd. Evercore ISI decreased their price objective on Foot Locker from $30.00 to $22.00 and set an “outperform” rating on the stock in a report on Monday. Finally, The Goldman Sachs Group dropped their target price on Foot Locker from $25.00 to $22.00 and set a “sell” rating for the company in a report on Thursday, December 5th. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the stock. According to MarketBeat, Foot Locker currently has an average rating of “Hold” and a consensus price target of $23.94.

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.