Seaport Res Ptn Forecasts Foot Locker Q2 Earnings

Foot Locker, Inc. (NYSE:FL) – Equities research analysts at Seaport Res Ptn issued their Q2 2026 earnings per share estimates for shares of Foot Locker in a research report issued on Wednesday, March 5th. Seaport Res Ptn analyst M. Kummetz anticipates that the athletic footwear retailer will earn $0.21 per share for the quarter. The consensus estimate for Foot Locker’s current full-year earnings is $1.23 per share. Seaport Res Ptn also issued estimates for Foot Locker’s Q3 2026 earnings at $0.43 EPS, Q4 2026 earnings at $0.90 EPS, FY2026 earnings at $1.50 EPS, FY2027 earnings at $1.85 EPS and FY2028 earnings at $2.18 EPS.

Foot Locker (NYSE:FL) last released 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 business had revenue of $2.25 billion during the quarter, compared to analysts’ expectations 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 quarterly revenue was down 5.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.38 EPS.

FL has been the subject of several other reports. 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. Barclays decreased their target price on Foot Locker from $34.00 to $29.00 and set an “overweight” rating for the company in a research report on Friday, December 6th. Guggenheim decreased their target price on Foot Locker from $34.00 to $28.00 and set a “buy” rating for the company in a research report on Thursday, December 5th. Jefferies Financial Group decreased their target price on Foot Locker from $22.00 to $19.00 and set a “hold” rating for the company in a research report on Wednesday. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $24.00 target price on shares of Foot Locker in a research report 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 MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $23.35.

Foot Locker Trading Down 2.4 %

NYSE:FL opened at $17.82 on Friday. The stock has a 50-day simple moving average of $19.91 and a 200-day simple moving average of $23.33. The stock has a market cap of $1.69 billion, a P/E ratio of -3.95, a P/E/G ratio of 0.53 and a beta of 1.55. Foot Locker has a 1 year low of $16.92 and a 1 year 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 Trading of Foot Locker

A number of hedge funds have recently added to or reduced their stakes in FL. Public Employees Retirement System of Ohio raised its stake in shares of Foot Locker by 173.6% during the 4th quarter. Public Employees Retirement System of Ohio now owns 112,028 shares of the athletic footwear retailer’s stock worth $2,438,000 after buying an additional 71,083 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Foot Locker by 17.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 263,466 shares of the athletic footwear retailer’s stock worth $5,733,000 after buying an additional 39,232 shares in the last quarter. Voloridge Investment Management LLC raised its stake in shares of Foot Locker by 66.8% during the 4th quarter. Voloridge Investment Management LLC now owns 737,299 shares of the athletic footwear retailer’s stock worth $16,044,000 after buying an additional 295,243 shares in the last quarter. Vision One Management Partners LP purchased a new position in shares of Foot Locker during the 4th quarter worth approximately $1,205,000. Finally, Twinbeech Capital LP purchased a new position in shares of Foot Locker during the 4th quarter worth approximately $5,715,000.

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.