Zacks Research Estimates Foot Locker’s Q1 Earnings (NYSE:FL)

Foot Locker, Inc. (NYSE:FL) – Investment analysts at Zacks Research cut their Q1 2026 earnings estimates for Foot Locker in a research report issued on Wednesday, March 19th. Zacks Research analyst R. Department now expects that the athletic footwear retailer will post earnings per share of ($0.01) for the quarter, down from their previous forecast of $0.36. The consensus estimate for Foot Locker’s current full-year earnings is $1.23 per share. Zacks Research also issued estimates for Foot Locker’s Q4 2026 earnings at $0.88 EPS, Q1 2027 earnings at $0.07 EPS, Q2 2027 earnings at $0.20 EPS and Q4 2027 earnings at $0.87 EPS.

Foot Locker (NYSE:FL) last issued its quarterly 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 for the quarter, compared to analyst estimates 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 was down 5.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.38 earnings per share.

FL has been the topic of several other reports. Jefferies Financial Group lowered their target price on Foot Locker from $22.00 to $19.00 and set a “hold” rating on the stock in a report on Wednesday, March 5th. Robert W. Baird dropped their target price on Foot Locker from $24.00 to $20.00 and set a “neutral” rating for the company in a report on Thursday, March 6th. Needham & Company LLC reiterated a “buy” rating and set a $24.00 price target on shares of Foot Locker in a report on Wednesday, March 5th. The Goldman Sachs Group lowered 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. Finally, Barclays set a $24.00 price objective on shares of Foot Locker in a research report on Wednesday, March 5th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $22.81.

Foot Locker Stock Down 0.7 %

Shares of NYSE FL opened at $16.03 on Monday. The stock has a market cap of $1.52 billion, a PE ratio of -3.55, a P/E/G 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. Foot Locker has a 12-month low of $14.98 and a 12-month high of $33.94. The company has a 50-day moving average of $18.59 and a 200 day moving average of $21.93.

Institutional Trading of Foot Locker

Several hedge funds have recently modified their holdings of the stock. Harbour Investments Inc. boosted its stake in Foot Locker by 81.6% in the 4th quarter. Harbour Investments Inc. now owns 1,442 shares of the athletic footwear retailer’s stock worth $31,000 after purchasing an additional 648 shares during the period. Aster Capital Management DIFC Ltd acquired a new stake in shares of Foot Locker during the 4th quarter worth $32,000. R Squared Ltd acquired a new position in shares of Foot Locker during the 4th quarter worth $50,000. Sterling Capital Management LLC lifted its stake in shares of Foot Locker by 819.2% in the 4th 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. Finally, Wilmington Savings Fund Society FSB bought a new stake in Foot Locker during the 3rd quarter worth approximately $58,000.

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.