Foot Locker Earnings Forecast Revised Amidst Mixed Projections

Published 1 hours agoFL

Foot Locker Earnings Forecast Revised Amidst Mixed Projections

Foot Locker, Inc. is gearing up for its first-quarter 2026 earnings announcement, with analysts providing mixed projections. Telsey Advisory Group has adjusted its estimated earnings per share (EPS) for Q1 2026, lowering it to $0.39 from an earlier prediction of $0.46, while maintaining a 'Market Perform' rating and a price target of $24.00. In contrast, Seaport Res Ptn forecasts a significantly lower EPS of ($0.04) for the same period, highlighting divergence among analysts’ expectations.

In its fourth-quarter 2024 report, Foot Locker provided guidance for the 52-week period ending January 31, 2026. The company anticipates sales to vary between a 1.0% decrease to a 0.5% increase, factoring in possible foreign currency headwinds of approximately 1.0%. Comparable sales are expected to shift between 1.0% and 2.5%, indicating modest growth or stabilization.

Foot Locker's recent financial performance in the fourth quarter of 2024 showed a GAAP EPS of $0.57 from continuing operations and a non-GAAP EPS of $0.86. As of early May 2025, Foot Locker's stock is trading at $13.00, marking a 4.59% increase from the previous closing price, offering some optimism in the market as the company prepares for its upcoming earnings reveal.

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Foot Locker Earnings Forecast Revised Amidst Mixed Projections

Foot Locker Earnings Forecast Revised Amidst Mixed Projections

Foot Locker, Inc. is gearing up for its first-quarter 2026 earnings announcement, with analysts providing mixed projections. Telsey Advisory Group has adjusted its estimated earnings per share (EPS) for Q1 2026, lowering it to $0.39 from an earlier prediction of $0.46, while maintaining a 'Market Perform' rating and a price target of $24.00. In contrast, Seaport Res Ptn forecasts a significantly lower EPS of ($0.04) for the same period, highlighting divergence among analysts’ expectations. In its fourth-quarter 2024 report, Foot Locker provided guidance for the 52-week period ending January 31, 2026. The company anticipates sales to vary between a 1.0% decrease to a 0.5% increase, factoring in possible foreign currency headwinds of approximately 1.0%. Comparable sales are expected to shift between 1.0% and 2.5%, indicating modest growth or stabilization. Foot Locker's recent financial performance in the fourth quarter of 2024 showed a GAAP EPS of $0.57 from continuing operations and a non-GAAP EPS of $0.86. As of early May 2025, Foot Locker's stock is trading at $13.00, marking a 4.59% increase from the previous closing price, offering some optimism in the market as the company prepares for its upcoming earnings reveal.

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