Foot Locker Q1 EPS Estimate Cut by Telsey Advisory Group

Foot Locker, Inc. (NYSE:FL) – Equities researchers at Telsey Advisory Group cut their Q1 2026 earnings estimates for shares of Foot Locker in a research note issued to investors on Thursday, December 5th. Telsey Advisory Group analyst C. Fernandez now anticipates that the athletic footwear retailer will post earnings of $0.39 per share for the quarter, down from their previous estimate of $0.46. Telsey Advisory Group currently has a “Market Perform” rating and a $24.00 price objective on the stock. The consensus estimate for Foot Locker’s current full-year earnings is $1.52 per share. Telsey Advisory Group also issued estimates for Foot Locker’s Q2 2026 earnings at $0.21 EPS and Q3 2026 earnings at $0.38 EPS.

Foot Locker (NYSE:FL) last released its quarterly earnings data on Wednesday, December 4th. The athletic footwear retailer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.07). Foot Locker had a positive return on equity of 2.91% and a negative net margin of 5.24%. The business had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $2.01 billion. During the same quarter in the prior year, the firm earned $0.30 earnings per share. Foot Locker’s quarterly revenue was down 1.4% on a year-over-year basis.

Several other research analysts also recently weighed in on FL. Guggenheim cut their target price 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. JPMorgan Chase & Co. cut their target price on shares of Foot Locker from $27.00 to $23.00 and set an “underweight” rating for the company in a research note on Wednesday. UBS Group cut their target price on shares of Foot Locker from $26.00 to $22.00 and set a “neutral” rating for the company in a research note on Thursday. Citigroup boosted their target price on shares of Foot Locker from $27.00 to $33.00 and gave the company a “neutral” rating in a research note on Tuesday, August 20th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $27.00 target price on shares of Foot Locker in a research note on Wednesday. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Foot Locker currently has a consensus rating of “Hold” and a consensus target price of $25.29.

Foot Locker Price Performance

Foot Locker stock opened at $22.00 on Friday. Foot Locker has a 52 week low of $19.33 and a 52 week high of $35.60. The company has a quick ratio of 0.49, a current ratio of 1.67 and a debt-to-equity ratio of 0.15. The firm’s 50-day simple moving average is $23.96 and its 200 day simple moving average is $25.81. The firm has a market capitalization of $2.09 billion, a PE ratio of -4.92, a P/E/G ratio of 0.64 and a beta of 1.46.

Institutional Trading of Foot Locker

Several large investors have recently bought and sold shares of the company. Quarry LP acquired a new stake in shares of Foot Locker during the second quarter worth approximately $31,000. Fifth Third Bancorp grew its position in shares of Foot Locker by 116.0% during the second quarter. Fifth Third Bancorp now owns 1,365 shares of the athletic footwear retailer’s stock worth $34,000 after buying an additional 733 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Foot Locker by 156.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,616 shares of the athletic footwear retailer’s stock worth $40,000 after buying an additional 985 shares in the last quarter. Headlands Technologies LLC acquired a new stake in shares of Foot Locker during the second quarter worth approximately $43,000. Finally, nVerses Capital LLC acquired a new stake in shares of Foot Locker during the third quarter worth approximately $47,000.

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.