Foot Locker (FL) to Release Earnings on Wednesday

Key Points

• Foot Locker is set to announce its Q2 2026 earnings on Wednesday, August 27th, with analysts forecasting earnings of $0.05 per share and revenue of $1.8713 billion.
• In its last earnings report, Foot Locker reported a loss of ($0.07) per share, with revenue falling 4.6% year-over-year to $1.79 billion, missing analyst expectations.
• Recent analyst recommendations for Foot Locker have varied, with pricing targets ranging from $14.00 to $24.00, and a consensus rating of "Hold".

Foot Locker (NYSE:FL - Get Free Report) is projected to release its Q2 2026 results before the market opens on Wednesday, August 27th. Analysts expect Foot Locker to post earnings of $0.05 per share and revenue of $1.8713 billion for the quarter. Interested persons can check the company's upcoming Q2 2026 earningsummary page for the latest details on the call scheduled for Wednesday, August 27, 2025 at 9:00 AM ET.

Foot Locker (NYSE:FL - Get Free Report) last issued its quarterly earnings results on Thursday, May 29th. The athletic footwear retailer reported ($0.07) earnings per share for the quarter, hitting the consensus estimate of ($0.07). The company had revenue of $1.79 billion during the quarter, compared to analysts' expectations of $1.86 billion. Foot Locker had a negative net margin of 4.54% and a positive return on equity of 3.65%. The business's quarterly revenue was down 4.6% on a year-over-year basis. During the same period last year, the business earned $0.22 EPS. On average, analysts expect Foot Locker to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Foot Locker Stock Up 2.1%

Shares of FL traded up $0.5550 during mid-day trading on Friday, hitting $26.4150. 5,108,849 shares of the company's stock were exchanged, compared to its average volume of 2,954,773. The company has a market cap of $2.52 billion, a PE ratio of -7.01, a P/E/G ratio of 2.16 and a beta of 1.75. Foot Locker has a 52 week low of $11.00 and a 52 week high of $33.94. The company has a 50-day simple moving average of $25.00 and a 200 day simple moving average of $19.83. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.64 and a quick ratio of 0.49.

Insiders Place Their Bets

In other Foot Locker news, CAO Giovanna Cipriano sold 22,383 shares of the stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $24.90, for a total transaction of $557,336.70. Following the transaction, the chief accounting officer owned 93,895 shares in the company, valued at $2,337,985.50. This trade represents a 19.25% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.89% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of FL. Brevan Howard Capital Management LP bought a new position in shares of Foot Locker in the second quarter worth $236,000. Creative Planning bought a new position in shares of Foot Locker in the second quarter worth $325,000. Hsbc Holdings PLC increased its position in shares of Foot Locker by 12.3% in the second quarter. Hsbc Holdings PLC now owns 18,833 shares of the athletic footwear retailer's stock worth $462,000 after purchasing an additional 2,064 shares during the period. Quantinno Capital Management LP bought a new position in Foot Locker in the second quarter valued at about $675,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Foot Locker by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 49,610 shares of the athletic footwear retailer's stock valued at $700,000 after acquiring an additional 2,148 shares during the last quarter.

Wall Street Analyst Weigh In

FL has been the subject of several recent analyst reports. Needham & Company LLC set a $24.00 price objective on Foot Locker in a report on Thursday, May 29th. Morgan Stanley cut their price objective on Foot Locker from $16.00 to $14.00 and set an "underweight" rating for the company in a report on Tuesday, May 6th. Zacks Research raised Foot Locker from a "strong sell" rating to a "hold" rating in a report on Monday, August 18th. JPMorgan Chase & Co. raised Foot Locker from an "underweight" rating to a "neutral" rating and increased their price objective for the company from $16.00 to $24.00 in a report on Thursday, May 15th. Finally, Telsey Advisory Group reaffirmed a "market perform" rating and set a $24.00 price target on shares of Foot Locker in a report on Friday, May 30th. Two research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Foot Locker currently has an average rating of "Hold" and a consensus price target of $21.20.

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.