Foot Locker, Inc. (NYSE:FL) Expected to Post Q2 2025 Earnings of ($0.10) Per Share

Foot Locker, Inc. (NYSE:FL) – Analysts at Wedbush cut their Q2 2025 earnings per share estimates for shares of Foot Locker in a note issued to investors on Wednesday, June 12th. Wedbush analyst T. Nikic now anticipates that the athletic footwear retailer will post earnings per share of ($0.10) for the quarter, down from their prior estimate of ($0.08). Wedbush currently has a “Neutral” rating and a $25.00 price objective on the stock. The consensus estimate for Foot Locker’s current full-year earnings is $1.55 per share. Wedbush also issued estimates for Foot Locker’s Q3 2025 earnings at $0.65 EPS and Q4 2025 earnings at $0.81 EPS.

Foot Locker (NYSE:FL) last released its quarterly earnings data on Thursday, May 30th. The athletic footwear retailer reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.10. The business had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.88 billion. Foot Locker had a positive return on equity of 2.91% and a negative net margin of 4.41%. The company’s revenue was down 2.8% on a year-over-year basis. During the same quarter last year, the business posted $0.70 EPS.

A number of other equities analysts have also weighed in on FL. UBS Group upgraded Foot Locker from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $12.00 to $23.00 in a research note on Monday, March 11th. Bank of America cut their price target on Foot Locker from $31.00 to $27.00 and set a “neutral” rating for the company in a research note on Thursday, March 7th. Piper Sandler cut their price target on Foot Locker from $37.00 to $31.00 and set an “overweight” rating for the company in a research note on Thursday, March 7th. Evercore ISI upgraded Foot Locker from an “in-line” rating to an “outperform” rating and lifted their price target for the company from $28.00 to $32.00 in a research note on Monday, March 25th. Finally, Guggenheim cut their price target on Foot Locker from $35.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, March 7th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Foot Locker has an average rating of “Hold” and an average target price of $24.81.

Foot Locker Stock Performance

NYSE FL opened at $24.11 on Friday. The stock has a 50-day simple moving average of $23.26 and a two-hundred day simple moving average of $26.89. The firm has a market capitalization of $2.28 billion, a P/E ratio of -6.36, a PEG ratio of 0.59 and a beta of 1.47. Foot Locker has a fifty-two week low of $14.84 and a fifty-two week high of $35.60. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.50 and a current ratio of 1.68.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Quadrant Capital Group LLC boosted its holdings in shares of Foot Locker by 3,004.4% during the 4th quarter. Quadrant Capital Group LLC now owns 1,397 shares of the athletic footwear retailer’s stock worth $44,000 after purchasing an additional 1,352 shares during the last quarter. CWM LLC boosted its holdings in shares of Foot Locker by 26.7% during the 4th quarter. CWM LLC now owns 1,836 shares of the athletic footwear retailer’s stock worth $57,000 after purchasing an additional 387 shares during the last quarter. Covestor Ltd boosted its holdings in shares of Foot Locker by 43,900.0% during the 1st quarter. Covestor Ltd now owns 2,200 shares of the athletic footwear retailer’s stock worth $63,000 after purchasing an additional 2,195 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of Foot Locker during the 4th quarter worth approximately $100,000. Finally, Sunbelt Securities Inc. acquired a new position in Foot Locker in the first quarter valued at approximately $100,000.

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.