Foot Locker Q3 EPS Forecast Lifted by Telsey Advisory Group

Foot Locker, Inc. (NYSE:FL) – Stock analysts at Telsey Advisory Group lifted their Q3 2026 earnings estimates for Foot Locker in a note issued to investors on Thursday, March 6th. Telsey Advisory Group analyst C. Fernandez now expects that the athletic footwear retailer will post earnings of $0.39 per share for the quarter, up from their prior forecast of $0.38. Telsey Advisory Group 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 $1.23 per share. Telsey Advisory Group also issued estimates for Foot Locker’s Q4 2026 earnings at $0.93 EPS, Q1 2027 earnings at $0.17 EPS, Q3 2027 earnings at $0.47 EPS and FY2027 earnings at $1.75 EPS.

Foot Locker (NYSE:FL) last posted its quarterly earnings results 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 negative net margin of 5.24% and a positive return on equity of 2.91%. The company had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same quarter in the previous year, the firm posted $0.38 earnings per share. The company’s quarterly revenue was down 5.7% compared to the same quarter last year.

Several other analysts have also issued reports on the stock. UBS Group lowered their price target on shares of Foot Locker from $22.00 to $21.00 and set a “neutral” rating on the stock in a research report on Thursday. Needham & Company LLC reaffirmed a “buy” rating and set a $24.00 target price on shares of Foot Locker in a report on Wednesday. The Goldman Sachs Group decreased their target price on shares of Foot Locker from $25.00 to $22.00 and set a “sell” rating on the stock in a report on Thursday, December 5th. Evercore ISI decreased their target price on shares of Foot Locker from $30.00 to $22.00 and set an “outperform” rating on the stock in a report on Monday, March 3rd. Finally, Barclays decreased their target price 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. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $23.13.

Foot Locker Stock Performance

NYSE FL opened at $18.70 on Friday. The company’s 50 day moving average is $19.81 and its 200-day moving average is $23.30. Foot Locker has a 12-month low of $16.92 and a 12-month high of $33.94. The company has a quick ratio of 0.45, a current ratio of 1.67 and a debt-to-equity ratio of 0.15. The firm has a market cap of $1.77 billion, a P/E ratio of -4.15, a price-to-earnings-growth ratio of 0.53 and a beta of 1.55.

Institutional Investors Weigh In On Foot Locker

A number of institutional investors have recently made changes to their positions in FL. Harbour Investments Inc. boosted its position in Foot Locker by 81.6% during the 4th quarter. Harbour Investments Inc. now owns 1,442 shares of the athletic footwear retailer’s stock valued at $31,000 after buying an additional 648 shares during the period. Aster Capital Management DIFC Ltd purchased a new stake in Foot Locker during the 4th quarter valued at $32,000. Wilmington Savings Fund Society FSB purchased a new stake in Foot Locker during the 3rd quarter valued at $58,000. R Squared Ltd purchased a new stake in Foot Locker during the 4th quarter valued at $50,000. Finally, Sterling Capital Management LLC boosted its position in Foot Locker by 819.2% during the 4th quarter. Sterling Capital Management LLC now owns 2,629 shares of the athletic footwear retailer’s stock valued at $57,000 after buying an additional 2,343 shares during the period.

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.