Foot Locker (NYSE:FL) Stock

FOOT LOCKER INC

Foot Locker

Foot Locker Inc operates footwear and apparel retailer in North America, Europe, Australia, New Zealand, and Asia, and has licensed store presence in the Middle East, Europe, and Asia. The company mainly sells athletically inspired shoes and apparel. Foot Locker's merchandise comes from only a few suppliers, with Nike providing the majority. Its portfolio of brands includes Foot Locker, Kids Foot Locker, Champs Sports, WSS, and atmos. The company has omnichannel capabilities to bridge the digital world and physical stores, including order-in-store, buy online and pickup-in-store, and buy online and ship-from-store, as well as e-commerce. It has three operating segments, North America, EMEA, and Asia Pacific.

Foot Locker Inc

FARM LANDS OF AFRICA by Farm Lands of Africa, Inc.

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Shares of footwear-related stocks are trading higher amid sympathy with Nike after the company reported better-than-expected Q4 financial results.

JPMorgan analyst Matthew R. Boss has updated quarterly models for <a href="https://www.benzinga.com/topic/retail">some department store companies</a>.
Here are his views on three retailers.
<h3 class="wp-block-heading">Kohl&#8217;s</h3>
Despite sales gains tied to in-store efforts like Sephora and Home Décor, Kohl&#8217;s Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSS#NYSE">KSS</a>) continues to face revenue declines in several segments—apparel, footwear, and legacy homes.
The analyst also flagged structural risks to Kohl's store footprint, which makes up over half of U.S. department stores. Adjusted debt/EBITDAR ended 2023 at 3.6x—that&#8217;s well above the company's ~2.5x target. Continued same-store sales pressure and margin erosion is likely pushing leverage above 4x through 2024–26, based on JPMorgan estimates.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/45891695/bofa-securities-warns-tariffs-could-still-weigh-on-retail-stocks-such-as-gap-ralph-lauren" rel="noreferrer noopener">BofA Securities Warns Tariffs Could Still Weigh On Retail Stocks Such As Gap, Ralph Lauren</a>
Boss forecasts fiscal year 2025 EPS of 56 cents and fiscal year 2026 EPS of 53 cents, both above Street estimates of 41 cents and 47 cents, respectively.
The analyst maintains an Underweight rating on the stock with a price forecast of $8, unchanged.
<h3 class="wp-block-heading">Vail Resorts</h3>
Boss writes that Vail Resorts, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTN#NYSE">MTN</a>) may be approaching a turning point in revenue and earnings as FY25 winds down, helped by the return of former CEO Katz and unique growth drivers.
The analyst highlights the company&#8217;s premium resort portfolio, upfront revenue via its Epic Pass strategy, and a more resilient customer base of high-income, frequent skiers as key advantages.
Boss projects fiscal year 2025 adjusted EBITDA at $866 million and fiscal year 2026 at $908 million, both slightly above Street estimates.
The analyst keeps a Neutral rating on Vail Resorts, with a price forecast of $167.
<h3 class="wp-block-heading">Foot Locker</h3>
Boss notes that while Foot Locker, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) has faced challenges from inconsistent same-store sales, increased promotions, and brand allocation changes—particularly with Nike, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>)—Dick's Sporting Goods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) aims to revamp the business through its $2.4 billion acquisition.
The deal is intended to create a larger global retail sports platform, strengthen brand partnerships, enhance omni-channel capabilities, and unlock synergies.
Boss models fiscal year 2025 EPS for Foot Locker at $1.10, ahead of the Street's $1.00, and projects fiscal year 2026 EPS to rise to $1.65.
The analyst reiterated the Neutral rating on the stock, with a price forecast of $24.
Read Next:
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Retail Reality Check: JPMorgan Flags Kohl's Leverage Risks, Sees Signs of Stability At Vail And Foot Locker

Telsey Advisory Group analyst Cristina Fernandez maintained Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) with a Market Perform and a <a target="_blank" href="https://www.benzinga.com/quote/FL/analyst-ratings" rel="noreferrer noopener">$24&nbsp;price target</a> on Thursday.
The earnings release disclosed total sales down 4.6% Y/Y to $1.79 billion versus the analyst estimate of negative 3.8% to $1.80 billion and FactSet at negative 2.1% to $1.83 billion due to store closures, the shutdown of several European countries, and an FX headwind of 10 bps, as per Fernandez.
The analyst noted that the pressure on the comp was due to soft traffic and was greater in the European business (which was down 10.2%), a deceleration from +1.9% in the fourth quarter of 2024.
Also Read: <a href="https://www.benzinga.com/news/earnings/25/05/45668653/foot-locker-quarterly-sales-slip-following-acquisition-deal" target="_blank" rel="noreferrer noopener">Foot Locker Quarterly Sales Slip Following Acquisition Deal</a>
<ul class="wp-block-list">
<li>The international comp was down 8.5%. </li>
<li>In North America, Foot Locker (-0.9%) and WSS (-4.6%) were dragged down performance and more than offset growth at Champs (+0.5%) and Kids Foot Locker (+3.4%).</li>
<li>The operating margin of -0.1% reflected a Y/Y decline of ~150 bps and was in line with the analyst&#8217;s expectation. </li>
<li>A gross margin decline of 40 bps to 28.4%, better than Fernandez at 28% and FactSet at 28.1%.</li>
</ul>
The company called out merchandise margin pressure of ~10 bps, likely on ongoing promotions, and occupancy deleverage of ~30 bps on the lower sales.
Given Dick&#8217;s Sporting Goods&#8217; pending acquisition, Foot Locker did not host an earnings call or update its prior financial outlook, which consisted of EPS of $1.35-$1.65, sales growth of -1.0% to 0.5%, a comp of 1.0%- 2.5%, and an operating margin of 2.6%- 3.1%.
Fernandez noted the pending acquisition of Foot Locker by Dick&#8217;s Sporting Goods as a good outcome for shareholders and does not expect significant regulatory opposition.
While Foot Locker has made progress on its LaceUp plan in areas like repositioning its store base through closures, off-mall openings, and refreshes and remodels, the analyst says there is much more work to do, with 300 refreshes and 80 remodels planned for 2025 and more in 2026.
While the company invested in technology, such as new apps, and relaunched its loyalty program, Fernandez said there is room for improvement.
While investors have been skeptical of the transaction, the analyst said Foot Locker could benefit from stronger supply chain and e-commerce capabilities and an experienced leadership team with a track record of execution under Dick&#8217;s Sporting Goods&#8217; ownership.
Over time, Fernandez noted Dick&#8217;s could generate greater savings through consolidation of operational functions, closing underperforming stores, divestitures of non-core banners, and adopting some of Dick&#8217;s best practices at Foot Locker, particularly as it relates to promotions, inventory management, and e-commerce. As per the analyst, these changes could allow Foot Locker to return to the 8.9% operating margin it generated in 2019 from ~2.3% in 2024.
Price Action:&nbsp;At the last check on Friday, FL shares were trading lower by 0.74% to $23.76.
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Price Target

Reiteration

Foot Locker To Rebound Under Dick's? This Analyst Says It Could

Telsey Advisory Group analyst Cristina Fernandez maintains Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) with a Market Perform and maintains $24 price target.

Telsey Advisory Group Maintains Market Perform on Foot Locker, Maintains $24 Price Target

Wall Street hovered slightly higher by midday Thursday, giving up a chunk of strong overnight gains in futures markets that were triggered by a federal court ruling suspending a large portion <a href="https://www.benzinga.com/government/regulations/25/05/45672421/tariffs-blocked-by-court-but-goldman-sachs-says-trump-could-reimpose-them-within-days">of President Donald Trump&#8217;s tariffs.</a>
Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) led the market after reporting a better-than-feared quarter. The artificial intelligence leader showed resilience in the face of export restrictions. Shares rose 4.3%, ranking as the second-best performer on the S&amp;P 500 and climbing to their highest level in more than three months.
By midday: 
<ul class="wp-block-list">
<li>The S&amp;P 500 was up 0.3% at 5,900.</li>
<li>The Nasdaq 100 gained 0.5%.</li>
<li>The Dow Jones Industrial Average traded flat.</li>
</ul>
<h3 class="wp-block-heading">Fresh Economic Data Adds To Mixed Tone</h3>
First-quarter U.S. gross domestic product shrank 0.2%, slightly improving from the initial 0.3% estimate. Still, it marked a sharp slowdown compared to the 2.4% growth in the last quarter of 2024, reflecting slower consumer spending and higher imports ahead of the tariffs impact.
More concerning was the labor market. Initial jobless claims for the week ending May 24 jumped to 240,000, exceeding expectations and reaching their highest level in nearly four months. Continuing claims also rose to levels last seen in November 2021, indicating potential softening in employment trends.
The U.S. dollar pulled back, nearly wiping out gains from the prior two sessions as traders reassessed the outlook for interest rates. Meanwhile, Treasury yields dropped, with the 30-year note falling to 4.92% and the 10-year yield easing to 4.42%.
Federal Reserve Chair Jerome Powell met with Trump at the White House, the Fed confirmed.
The meeting focused on recent economic developments, including inflation, employment and growth. Powell reiterated that the Fed&#8217;s policy path would remain dependent on incoming data but refrained from commenting on future rate decisions.
Gold climbed 1.1% to $3,320 per ounce, buoyed by lower yields and dollar weakness. Meanwhile, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) fell below $107,000, giving up recent gains as risk appetite moderated in crypto markets.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Major Indices </td>
<td>Price</td>
<td>1-day %Chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,414.87</td>
<td>0.5%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,906.48</td>
<td>0.3%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,069.76</td>
<td>0.1%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>42,091.08</td>
<td>0.0%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 12:55 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul class="wp-block-list">
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) inched 0.3% up to $589.37.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) eased 0.1% to $420.98.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rose 0.4% to $520.87.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) flattened at $205.62.</li>
<li>The&nbsp;Technology&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, up 0.4%; the&nbsp;Communication Services&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>) lagged, down 1.1%.</li>
</ul>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
<ul class="wp-block-list">
<li>Shares of E.l.f. Beauty, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>) surged 26% Thursday afternoon, following the company&#8217;s announcement of its acquisition of lifestyle cosmetics brand Rhode.</li>
<li>Sentinel One Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>) tumbled 11% after BofA Securities downgraded&nbsp;the stock from &#8216;Buy&#8217; to &#8216;Neutral&#8217; citing &#8220;weak trends and lackluster guidance&#8221; while lowering its price target from $24 to $21. </li>
</ul>
Stocks reacting to earnings included: 
<ul class="wp-block-list">
<li>Salesforce, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) down 5.42%</li>
<li>Synopsys, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNPS#NASDAQ">SNPS</a>) up 0.20%</li>
<li>Veeva Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>) up 18.45%</li>
<li>Agilent Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/A#NYSE">A</a>) up 3.17%</li>
<li>HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) down 8.23%</li>
<li>Hormel Foods Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) down 0.35%</li>
<li>Burlington Stores, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) down 3.22%</li>
<li>Best Buy Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) down 7.90%</li>
<li>Nordson Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) up 5.65%</li>
<li>Hamilton Lane Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HLNE#NASDAQ">HLNE</a>) down 11.21%</li>
<li>Roivant Sciences Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROIV#NASDAQ">ROIV</a>) up 5.50%</li>
<li>Bath &amp; Body Works, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBWI#NYSE">BBWI</a>) down 6.24%</li>
<li>Foot Locker, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) up 0.10%</li>
</ul>
Now Read:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45675006/nvidia-stock-has-significant-upside-as-ai-godfather-jensen-huang-delivers-another-robust-quarter">Nvidia Stock Has &#8216;Significant Upside&#8217; As AI &#8216;Godfather&#8217; Jensen Huang Delivers Another &#8216;Robust Quarter&#8217; </a></li>
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Stocks Edge Higher After Court Stifles Trump Tariffs, Nvidia Rallies To 3-Month Highs, Bitcoin Dips Below $107K: What's Driving Markets Thursday?

Shares of Dick&#8217;s Sporting Goods Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) rose in early trading on Thursday despite the company reporting <a href="https://www.benzinga.com/news/earnings/25/05/45648326/dicks-sporting-goods-profit-falls-short-of-expectations-sticks-to-annual-outlook-despite-tariffs" target="_blank" rel="noopener">an earnings miss for the first quarter on Wednesday</a>.
The announcement came amid an <a href="https://www.benzinga.com/earnings">exciting earnings season</a>. Here are some key analyst takeaways.
JPMorgan On Dick&#8217;s Sporting Goods
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/584847d9ee7bf6000154d225/christopher-horvers">Analyst Christopher Horvers</a> reiterated a Neutral rating, while cutting the price target from $224 to $195.
Dick&#8217;s Sporting Goods' fundamentals remain strong, although the acquisition of Foot Locker Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) continues to be "an overhang," Horvers said in a note. This was the fifth consecutive quarter in which the company generated over 4% comp, which came in at +4.8%, driven by strength in both ticket and traffic, he added.
Management maintained their full-year guide of 1%-3% comps and earnings of $13.80-$14.40 per share, citing strength in the first quarter, confidence in their strategic initiatives, and "operational strength against a complex macro environment," the analyst stated. 
The company believes it can meet its targets "regardless of the tariff situation given the strength of its assortment and business momentum, diversification efforts, strong partnerships with vendors, and DKS's strong pricing capabilities," he further wrote.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
BofA Securities On Dick&#8217;s Sporting Goods
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58ad8d48b85e930001f97170/robert-ohmes">Analyst Robert Ohmes</a> maintained a Buy rating and price target of $250.
Dick&#8217;s Sporting Goods reported adjusted earnings of $3.37 per share and comp of 4.5%, in-line with its preannouncement, driven by growth in ticket and traffic, Ohmes said. Gross margin came in at 36.7%, up 41 bps year-on-year, the analyst noted.
The company plans to acquire Foot Locker for $24 per share or $2.5 billion, with the deal expected to close in the back half of 2025, Ohmes stated. "DKS expects $100-125mn in cost synergies (procurement &amp; sourcing efficiencies) over the medium term and the acquisition to be accretive to F27E EPS," he wrote.
Telsey Advisory Group On Dick&#8217;s Sporting Goods
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e301e08430dee0001c88c8d/joseph-feldman">Analyst Joseph Feldman</a> reaffirmed an Outperform rating and price target of $220.
Dick&#8217;s Sporting Goods reported "impressive results again," despite the tougher consumer environment, Feldman said. Its comp remained strong, "reflecting solid demand for sporting goods and continued market share gains," he wrote.
The analyst stated that management maintained their full-year comp and earnings guidance at 1.0%-3.0% and $13.80-$14.40 per share, respectively. He added that many investors are skeptical about the Foot Locker deal, given Dick&#8217;s Sporting Goods' strong position in the U.S. sporting goods market and considering the target is structurally challenged.
DKS Price Action: Shares of Dick&#8217;s Sporting Goods had risen by 0.3% to $177.74 at the time of publication on Thursday.
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/movers/25/05/45477478/whats-next-for-foot-locker-analyst-says-dicks-deal-is-timely">What&#8217;s Next For Foot Locker? Analyst Says Dick&#8217;s Deal Is Timely</a></li>
</ul>
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Analyst Color

Earnings Misses

Dick's Sporting Goods Navigates Tariff Pressures, Yet Foot Locker Deal Lingers As 'An Overhang'

Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) has been analyzed by 20 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">14</td>
<td align="right">2</td>
<td align="right">1</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">7</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">1</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">6</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $19.95, with a high estimate of $24.00 and a low estimate of $12.00. A decline of 1.82% from the prior average price target is evident in the current average. 
<img src="https://www.benzinga.com/files/images/story/2025/1748527316_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The analysis of recent analyst actions sheds light on the perception of Foot Locker by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Paul Lejuez</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$24.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Jonathan Komp</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$24.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Adrienne Yih</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$24.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$24.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$20.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Tom Nikic</td>
<td>Needham</td>
<td>Announces</td>
<td>Hold</td>
<td>$24.00</td>
<td>-</td>
</tr>
<tr>
<td>Matthew Boss</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$24.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Adrienne Yih</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$14.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Alex Straton</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$14.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Kate McShane</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Sell</td>
<td>$17.00</td>
<td>$19.00</td>
</tr>
<tr>
<td>Matthew Boss</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$16.00</td>
<td>$19.00</td>
</tr>
<tr>
<td>Michael Binetti</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$15.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Anna Andreeva</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$12.00</td>
<td>$19.00</td>
</tr>
<tr>
<td>Jay Sole</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$21.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Anna Andreeva</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$19.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Jonathan Komp</td>
<td>Baird</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$20.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$20.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Corey Tarlowe</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Hold</td>
<td>$19.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Tom Nikic</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$24.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$24.00</td>
<td>$24.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Foot Locker. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Foot Locker compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Foot Locker's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Foot Locker's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/FL/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Foot Locker analyst ratings.</a>
<h2>Get to Know Foot Locker Better</h2>
Foot Locker Inc operates footwear and apparel retailer in North America, Europe, Australia, New Zealand, and Asia, and has licensed store presence in the Middle East, Europe, and Asia. The company mainly sells athletically inspired shoes and apparel. Foot Locker's merchandise comes from only a few suppliers, with Nike providing the majority. Its portfolio of brands includes Foot Locker, Kids Foot Locker, Champs Sports, WSS, and atmos. The company has omnichannel capabilities to bridge the digital world and physical stores, including order-in-store, buy online and pickup-in-store, and buy online and ship-from-store, as well as e-commerce. It has three operating segments, North America, EMEA, and Asia Pacific.
<h3>Understanding the Numbers: Foot Locker's Finances</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Challenges: Foot Locker's revenue growth over 3M faced difficulties. As of 31 January, 2025, the company experienced a decline of approximately -5.7%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 2.18%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Foot Locker's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.7%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Foot Locker's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.72%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Foot Locker's debt-to-equity ratio is below the industry average. With a ratio of 0.96, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Assessing Foot Locker: Insights From 20 Financial Analysts

Needham analyst Tom Nikic reiterates Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) from Hold to Hold.

Needham Reiterates Hold on Foot Lockerto Hold

Specialty athletic retailer&nbsp;Foot Locker Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) reported <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/n45665097/foot-locker-inc-reports-first-quarter-2025-financial-results" rel="noreferrer noopener">first-quarter results</a> on Thursday.
Last week, Foot Locker disclosed a definitive deal to be acquired by Dick's Sporting Goods Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>), which values Foot Locker's equity at around $2.4 billion and <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/n45431136/dicks-sporting-goods-to-acquire-foot-locker-to-create-a-global-leader-in-the-sports-retail-industr" rel="noreferrer noopener">its enterprise at about $2.5 billion</a>.
The company reported a quarterly sales decline of 4.6% year-on-year to $1.79 billion, missing the analyst&nbsp;consensus estimate of $1.89 billion.
Also Read: <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/05/45477478/whats-next-for-foot-locker-analyst-says-dicks-deal-is-timely" rel="noreferrer noopener">What's Next For Foot Locker? Analyst Says Dick's Deal Is Timely</a>
Comparable store sales decreased 2.6% compared to last year. Adjusted EPS of 7 cents loss missed the <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">analyst consensus estimate</a> of 14 cents.
The gross margin declined by 40 basis points, merchandise margins decreased by 10 basis points, and occupancy as a percentage of sales increased by 30 basis points compared to the prior-year period.
Selling, general, and administrative expenses remained flattish Y/Y at $458 million.
Loss from operations for the quarter was $271 million. Merchandise inventories were $1.67 billion, flattish Y/Y.
The company held $343 million in cash and equivalents as of May 3, 2025. It used $3 million in operating cash flow during the quarter.
During the first quarter, the company opened nine&nbsp;new stores&nbsp;and closed 56&nbsp;stores in&nbsp;South Korea,&nbsp;Denmark,&nbsp;Norway,&nbsp;Sweden,&nbsp;Greece, and&nbsp;Romania. It also remodeled or relocated 11&nbsp;stores and refreshed 69.
As of&nbsp;May 3, 2025, the company operated 2,363&nbsp;stores in 20&nbsp;North American, European, Asian, Australian, and&nbsp;New Zealand countries. In addition, 236 licensed stores were operating in the&nbsp;Middle East,&nbsp;Europe, and&nbsp;Asia.
Mary Dillon, CEO, said the company continued to execute its Lace Up Plan strategies as it looked forward to the successful completion of its transaction with DICK'S Sporting Goods.&nbsp;He acknowledged that when it reported preliminary first-quarter results, it experienced softer traffic trends globally that impacted its performance.&nbsp;
Price Action: At the last check on Thursday, FL shares were trading higher by 0.08% to $23.92 in the premarket session.
Read Next:
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</ul>
Photo by BCFC via Shutterstock

Earnings

Foot Locker Quarterly Sales Slip Following Acquisition Deal

Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) reported quarterly losses of $(0.07) per share which missed the analyst consensus estimate of $0.14 by 150 percent. This is a 131.82 percent decrease over earnings of $0.22 per share from the same period last year. The company reported quarterly sales of $1.79 billion which missed the analyst consensus estimate of $1.89 billion by 5.23 percent. This is a 4.27 percent decrease over sales of $1.87 billion the same period last year.

Foot Locker Q1 Adj. EPS $(0.07) Misses $0.14 Estimate, Sales $1.79B Miss $1.89B Estimate

Foot Locker, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) will release its first-quarter earnings results before the opening <a href="https://www.benzinga.com/quote/FL/earnings">bell on Thursday, May 29</a>.
Analysts expect the New York-based company to report quarterly earnings at 11 cents per share, versus a year-ago loss of 5 cents per share in the year-ago period. According to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>, Foot Locker projects to report quarterly revenue at $1.88 billion, compared to $1.9 billion a year earlier.
On May 15, Foot Locker disclosed a definitive deal to be acquired by Dick's Sporting Goods Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>), which values Foot Locker's equity at around $2.4 billion and its enterprise at about $2.5 billion.
Foot Locker shares closed at $23.90 on Wednesday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/fl/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul class="wp-block-list">
<li>Citigroup analyst Paul Lejuez maintained a Neutral rating and raised the price target from $20 to $24 on May 16, 2025. This analyst has an accuracy rate of 65%.</li>
<li>Baird analyst Jonathan Komp maintained a Neutral rating and boosted the price target from $14 to $24 on May 16, 2025. This analyst has an accuracy rate of 67%.</li>
<li>Barclays analyst Adrienne Yih downgraded the stock from Overweight to Equal-Weight and raised the price target from $14 to $24 on May 16, 2025. This analyst has an accuracy rate of 64%.</li>
<li>Needham analyst Tom Nikic downgraded the stock from Buy to Hold with a price target of $24 on May 15, 2025. This analyst has an accuracy rate of 61%.</li>
<li>JP Morgan analyst Matthew Boss upgraded the stock from Underweight to Neutral and increased the price target from $16 to $24 on May 15, 2025. This analyst has an accuracy rate of 67%</li>
</ul>
Considering buying FL stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="556" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29045412/image-374-1024x556.png" alt="" class="wp-image-931099" style="width:604px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29045412/image-374-1024x556.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29045412/image-374-300x163.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29045412/image-374-768x417.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29045412/image-374.png 1108w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Photo via Shutterstock

Pre-Market Outlook

Foot Locker Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

<h3>Companies Reporting Before The Bell</h3>
• Li Auto (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) is expected to report earnings for its first quarter. 
• SpartanNash (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPTN#NASDAQ">SPTN</a>) is expected to report quarterly earnings at $0.43 per share on revenue of $2.86 billion. 
• Hamilton Lane (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HLNE#NASDAQ">HLNE</a>) is likely to report quarterly earnings at $1.17 per share on revenue of $170.69 million. 
• Kohl's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSS#NYSE">KSS</a>) is expected to report quarterly loss at $0.22 per share on revenue of $3.06 billion. 
• Movado Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOV#NYSE">MOV</a>) is expected to report quarterly earnings at $0.39 per share on revenue of $142.11 million. 
• Build-A-Bear Workshop (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBW#NYSE">BBW</a>) is likely to report quarterly earnings at $0.87 per share on revenue of $118.90 million. 
• Caleres (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAL#NYSE">CAL</a>) is expected to report quarterly earnings at $0.37 per share on revenue of $622.05 million. 
• Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) is projected to report quarterly earnings at $0.14 per share on revenue of $1.89 billion. 
• Futu Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ">FUTU</a>) is likely to report earnings for its first quarter. 
• American Woodmark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMWD#NASDAQ">AMWD</a>) is likely to report quarterly earnings at $1.42 per share on revenue of $426.24 million. 
• Bath &amp; Body Works (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBWI#NYSE">BBWI</a>) is estimated to report quarterly earnings at $0.47 per share on revenue of $1.42 billion. 
• BRP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOOO#NASDAQ">DOOO</a>) is estimated to report quarterly earnings at $0.29 per share on revenue of $1.23 billion. 
• Best Buy Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) is expected to report quarterly earnings at $1.09 per share on revenue of $8.82 billion. 
• Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) is projected to report quarterly earnings at $1.43 per share on revenue of $2.53 billion. 
• Hormel Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) is projected to report quarterly earnings at $0.34 per share on revenue of $2.90 billion. 
• Royal Bank of Canada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RY#NYSE">RY</a>) is likely to report quarterly earnings at $2.25 per share on revenue of $11.20 billion. 
• Canadian Imperial Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CM#NYSE">CM</a>) is projected to report quarterly earnings at $1.34 per share on revenue of $5.01 billion. 
• Aurora Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JG#NASDAQ">JG</a>) is projected to report earnings for its first quarter. 
• Diana Shipping (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DSX#NYSE">DSX</a>) is expected to report earnings for its first quarter. 
• Roivant Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROIV#NASDAQ">ROIV</a>) is estimated to report quarterly loss at $0.16 per share on revenue of $62.17 million. 
• Sound Point Meridian Capital, Inc. Common Stock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPMC#NYSE">SPMC</a>) is expected to report quarterly earnings at $0.60 per share on revenue of $20.48 million. 
• Destination XL Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXLG#NASDAQ">DXLG</a>) is projected to report quarterly loss at $0.06 per share on revenue of $103.50 million. 
• Alarum Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAR#NASDAQ">ALAR</a>) is projected to report quarterly earnings at $0.01 per share on revenue of $7.31 million. 
• BOS Better Online Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOSC#NASDAQ">BOSC</a>) is estimated to report earnings for its first quarter. 
<h3>Companies Reporting After The Bell</h3>
• Universal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UVV#NYSE">UVV</a>) is estimated to report earnings for its fourth quarter. 
• Costco Wholesale (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) is expected to report quarterly earnings at $4.21 per share on revenue of $62.85 billion. 
• American Eagle Outfitters (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEO#NYSE">AEO</a>) is estimated to report quarterly earnings at $0.11 per share on revenue of $1.08 billion. 
• Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) is projected to report quarterly earnings at $1.67 per share on revenue of $23.15 billion. 
• Elastic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESTC#NYSE">ESTC</a>) is likely to report quarterly earnings at $0.39 per share on revenue of $374.15 million. 
• Ulta Beauty (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) is likely to report quarterly earnings at $5.77 per share on revenue of $2.81 billion. 
• Red Robin Gourmet Burgers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RRGB#NASDAQ">RRGB</a>) is estimated to report quarterly loss at $0.51 per share on revenue of $388.55 million. 
• PagerDuty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PD#NYSE">PD</a>) is projected to report quarterly earnings at $0.19 per share on revenue of $118.98 million. 
• NGL Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGL#NYSE">NGL</a>) is projected to report earnings for its fourth quarter. 
• Gap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GAP#NYSE">GAP</a>) is likely to report quarterly earnings at $0.43 per share on revenue of $3.41 billion. 
• Zscaler (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZS#NASDAQ">ZS</a>) is expected to report quarterly earnings at $0.76 per share on revenue of $667.15 million. 
• NetApp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTAP#NASDAQ">NTAP</a>) is expected to report quarterly earnings at $1.90 per share on revenue of $1.72 billion. 
• Ambarella (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMBA#NASDAQ">AMBA</a>) is expected to report quarterly earnings at $0.04 per share on revenue of $84.01 million. 
• UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) is expected to report quarterly earnings at $0.10 per share on revenue of $332.81 million. 
• Cooper Companies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COO#NASDAQ">COO</a>) is likely to report quarterly earnings at $0.93 per share on revenue of $995.81 million. 
• Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) is estimated to report quarterly earnings at $0.61 per share on revenue of $1.88 billion. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Earnings Scheduled For May 29, 2025

Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) is gearing up to announce its quarterly earnings on Thursday, 2025-05-29. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Foot Locker will report an earnings per share (EPS) of $0.41.
The market awaits Foot Locker's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
<h3>Earnings History Snapshot</h3>
The company's EPS beat by $0.14 in the last quarter, leading to a 2.3% drop in the share price on the following day.
Here's a look at Foot Locker's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.72</td>
<td>0.40</td>
<td>-0.08</td>
<td>0.12</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.86</td>
<td>0.33</td>
<td>-0.05</td>
<td>0.22</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-2.0%</td>
<td>-4.0%</td>
<td>6.0%</td>
<td>7.000000000000001%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1748444531_0.png" alt="eps graph" />
<h3>Performance of Foot Locker Shares</h3>
Shares of Foot Locker were trading at $23.9 as of May 27. Over the last 52-week period, shares are down 8.13%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<h3>Analyst Insights on Foot Locker</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Foot Locker.
Analysts have provided Foot Locker with 20 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $19.95, suggesting a potential 16.53% downside.
<h3>Comparing Ratings with Competitors</h3>
The below comparison of the analyst ratings and average 1-year price targets of Buckle, American Eagle Outfitters and Victoria's Secret, three prominent players in the industry, gives insights for their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Neutral trajectory for Buckle, with an average 1-year price target of $41.0, suggesting a potential 71.55% upside.</li>
<li>Analysts currently favor an Neutral trajectory for American Eagle Outfitters, with an average 1-year price target of $13.29, suggesting a potential 44.39% downside.</li>
<li>Analysts currently favor an Neutral trajectory for Victoria's Secret, with an average 1-year price target of $24.18, suggesting a potential 1.17% upside.</li>
</ul>
<h3>Peers Comparative Analysis Summary</h3>
In the peer analysis summary, key metrics for Buckle, American Eagle Outfitters and Victoria's Secret are highlighted, providing an understanding of their respective standings within the industry and offering insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Foot Locker</td>
<td>Neutral</td>
<td>-5.70%</td>
<td>$668M</td>
<td>1.70%</td>
</tr>
<tr>
<td>Buckle</td>
<td>Neutral</td>
<td>-28.24%</td>
<td>$199.49M</td>
<td>8.10%</td>
</tr>
<tr>
<td>American Eagle Outfitters</td>
<td>Neutral</td>
<td>-4.42%</td>
<td>$599.17M</td>
<td>5.94%</td>
</tr>
<tr>
<td>Victoria's Secret</td>
<td>Neutral</td>
<td>1.10%</td>
<td>$813M</td>
<td>36.11%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Foot Locker ranks at the bottom for Revenue Growth and Gross Profit, while it is in the middle for Return on Equity.
<h3>Delving into Foot Locker's Background</h3>
Foot Locker Inc operates footwear and apparel retailer in North America, Europe, Australia, New Zealand, and Asia, and has licensed store presence in the Middle East, Europe, and Asia. The company mainly sells athletically inspired shoes and apparel. Foot Locker's merchandise comes from only a few suppliers, with Nike providing the majority. Its portfolio of brands includes Foot Locker, Kids Foot Locker, Champs Sports, WSS, and atmos. The company has omnichannel capabilities to bridge the digital world and physical stores, including order-in-store, buy online and pickup-in-store, and buy online and ship-from-store, as well as e-commerce. It has three operating segments, North America, EMEA, and Asia Pacific.
<h3>Foot Locker's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Decline in Revenue: Over the 3 months period, Foot Locker faced challenges, resulting in a decline of approximately -5.7% in revenue growth as of 31 January, 2025. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Foot Locker's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 2.18%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Foot Locker's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.7%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Foot Locker's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.72%, the company may face hurdles in achieving optimal financial returns.
Debt Management: With a below-average debt-to-equity ratio of 0.96, Foot Locker adopts a prudent financial strategy, indicating a balanced approach to debt management.
<a href="https://www.benzinga.com/quote/FL/earnings">To track all earnings releases for Foot Locker visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

An Overview of Foot Locker's Earnings

Retailer DICK's Sporting Goods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) could provide more details of <a href="https://www.benzinga.com/news/earnings/25/05/45435748/dicks-sporting-goods-to-acquire-foot-locker-at-66-premium">its planned acquisition</a> of Foot Locker, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) when the company reports first-quarter financial results before<a href="https://www.benzinga.com/earnings"> market open Wednesday.</a>
Here are the analyst estimates, what analysts are saying after the acquisition was announced and key items to watch.
Earning Estimates: Analysts expect Dick's Sporting Goods to report first-quarter revenue of $3.59 billion, up from $3.02 billion in last year's first quarter, according to data<a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0527"> from Benzinga Pro.</a>
The company has beaten analyst estimates for revenue in six straight quarters and in nine of the past 10 quarters overall.
Analysts expect the company to report first-quarter earnings per share of $4.34, up from $3.30 in last year's first quarter. The company has beaten analyst estimates for earnings per share in six straight quarters and in nine of the past 10 quarters overall.
Read Also: <a href="https://www.benzinga.com/news/earnings/25/05/45585696/how-to-earn-500-a-month-from-dicks-sporting-goods-stock-ahead-of-q1-earnings">How To Earn $500 A Month From Dick&#8217;s Sporting Goods Stock Ahead Of Q1 Earnings</a>
What Analysts Are Saying: Analysts lowered their price target on Dick's Sporting Goods stock after the Foot Locker <a href="https://www.benzinga.com/25/05/45476123/analyst-sees-long-term-gain-for-dicks-with-foot-locker-despite-investor-skepticism">acquisition was announced.</a>
Telsey analyst Joseph Feldman said the retailer could see near-term pressure as investors decipher the deal rationale and execution risks.
Feldman maintained an Outperform rating, while lowering the price target from $250 to $220.
The analyst said investors appear skeptical of the deal, with Dick's already having a strong presence in the U.S. sporting goods sector.
Feldman said Foot Locker is a mall-based retailer that has structural challenges and is heavily reliant on Nike Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), which makes up around 60% of sales.
While Feldman is cautious in the short term, the analyst sees the potential to unlock value with the acquisition and create a more dominant retailer in the sporting goods sector.
Here are other recent<a href="https://www.benzinga.com/quote/DKS/analyst-ratings"> analyst ratings on</a> Dick's Sporting Goods and their price targets:
<ul class="wp-block-list">
<li>DA Davidson: Maintained Buy rating with $273 price target</li>
<li>Loop Capital: Maintained Hold rating, lowered price target from $195 to $180</li>
<li>Baird: Maintained Neutral rating, lowered price target from $230 to $185</li>
<li>Barclays: Maintained Overweight rating, lowered price target from $223 to $217</li>
</ul>
Key Items to Watch: Along with the Foot Locker acquisition being the talk of the town, the other big topic analyst and investors will likely be watching will be tariffs.
Tariffs have taken center stage for many companies when they report financial results and share updated guidance, especially those in the retail sector, like Dick's Sporting Goods.
The company will likely highlight the impact tariffs could have on upcoming quarters and what steps are being taken to mitigate risk.
The first-quarter results will be important as they come after a <a href="https://www.benzinga.com/25/03/44246625/dicks-sporting-beats-q4-earnings-stock-falls-amid-soft-outlook">strong fourth quarter </a>that saw the company's largest sales quarter in company history and strong comparable sales growth of 6.4%.
Dick's also announced a new five-year share buyback program of up to $3 billion back in March. Details of this buyback or an increased commitment level could create new optimism and offset concerns from the acquisition and tariffs.
Another area to watch could be Dick's increased interest in trading cards, which comes after winning a $1.1 million auction for a rare one-of-one Paul Skenes baseball card. The company recently displayed the card at its House of Sport store in Pennsylvania, as reported by <a href="https://www.cllct.com/sports-collectibles/sports-cards/dick-s-sporting-goods-launches-paul-skenes-debut-patch-display-in-new-collectors-shop">Cllct</a>.
The company has plans to boost its trading cards and memorabilia selections at House of Sport stores and could use this card as a centerpiece to travel around to other locations. <a href="https://www.benzinga.com/go/public-com-bonds" target="_blank" rel="noreferrer noopener"></a>
DKS Price Action: Dick's Sporting Goods stock is up 3.92% to $173.81 on Tuesday versus a 52-week trading range of $166.37 to $254.60. The stock is down about 24% year-to-date in 2025.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/movers/25/05/45477478/whats-next-for-foot-locker-analyst-says-dicks-deal-is-timely">What&#8217;s Next For Foot Locker? Analyst Says Dick&#8217;s Deal Is Timely</a></li>
</ul>
Photo: Shutterstock

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