Foot Locker
Market Cap
US$4.8b
Last Updated
2019/10/20 23:34 UTC
Data Sources
Company Financials +
Executive Summary
Foot Locker, Inc., through its subsidiaries, operates as an athletic shoes and apparel retailer.
Snowflake
Fundamentals
Excellent balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Foot Locker's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
3.4%
FL
1.5%
US Specialty Retail
0.5%
US Market
1 Year Return
-6.3%
FL
7.6%
US Specialty Retail
6.8%
US Market
Return vs Industry: FL underperformed the US Specialty Retail industry which returned 7.6% over the past year.
Return vs Market: FL underperformed the US Market which returned 6.8% over the past year.
Shareholder returns
| FL | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.4% | 1.5% | 0.5% |
| 30 Day | 11.6% | 4.8% | -0.8% |
| 90 Day | 5.0% | 4.5% | -0.9% |
| 1 Year | -3.5%-6.3% | 9.4%7.6% | 9.2%6.8% |
| 3 Year | -29.0%-34.6% | 42.6%35.3% | 45.6%36.2% |
| 5 Year | -9.0%-18.8% | 57.5%43.6% | 63.2%45.4% |
Price Volatility Vs. Market
How volatile is Foot Locker's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Foot Locker, Inc. (NYSE:FL): Are Analysts’ Forecast Signalling Trouble Ahead?2 months ago | Simply Wall St
Is There An Opportunity With Foot Locker, Inc.'s (NYSE:FL) 44% Undervaluation?2 months ago | Simply Wall St
Why Foot Locker, Inc. (NYSE:FL) Should Be In Your Dividend PortfolioValuation
Is Foot Locker undervalued compared to its fair value and its price relative to the market?
1.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FL ($44.4) is trading below our estimate of fair value ($45.21)
Significantly Below Fair Value: FL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: FL is good value based on its PE Ratio (9.6x) compared to the Specialty Retail industry average (15.4x).
PE vs Market: FL is good value based on its PE Ratio (9.6x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: FL is poor value based on its PEG Ratio (122.1x)
Price to Book Ratio
PB vs Industry: FL is overvalued based on its PB Ratio (1.9x) compared to the US Specialty Retail industry average (1.4x).
Next Steps
Future Growth
How is Foot Locker forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
0.08%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FL's forecast earnings growth (0.08% per year) is below the savings rate (2.7%).
Earnings vs Market: FL's earnings (0.08% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: FL's earnings are forecast to grow, but not significantly.
Revenue vs Market: FL's revenue (2% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: FL's revenue (2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FL's Return on Equity is forecast to be low in 3 years time (19.5%).
Next Steps
Past Performance
How has Foot Locker performed over the past 5 years?
-4.5%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: FL's earnings have declined by -4.5% per year over the past 5 years.
Accelerating Growth: FL's earnings growth over the past year (70.2%) exceeds its 5-year average (-4.5% per year).
Earnings vs Industry: FL earnings growth over the past year (70.2%) exceeded the Specialty Retail industry 8.3%.
Return on Equity
High ROE: FL's Return on Equity (20.7%) is considered high.
Return on Assets
ROA vs Industry: FL has a higher Return on Assets than the Specialty Retail industry average last year.
Return on Capital Employed
ROCE Improving: FL's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Foot Locker's financial position?
Financial Position Analysis
Short Term Liabilities: FL's short term assets ($2.4B) exceeds its short term liabilities ($1.2B)
Long Term Liabilities: FL's short term assets (2.4B) do not cover its long term liabilities (3.0B)
Debt to Equity History and Analysis
Debt Level: FL's debt to equity ratio (4.9%) is considered satisfactory
Reducing Debt: FL's debt to equity ratio has reduced from 5.1% to 4.9% over the past 5 years.
Debt Coverage: FL's debt is well covered by operating cash flow (554.5%).
Interest Coverage: FL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: FL has a high level of physical assets or inventory.
Debt Coverage by Assets: FL's debt is covered by short term assets (assets are 19.886170x debt).
Next Steps
Dividend
What is Foot Locker's current dividend yield, its reliability and sustainability?
3.42%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: FL's dividend (3.42%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: FL's dividend (3.42%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stable Dividend: FL's dividends per share have been stable in the past 10 years.
Growing Dividend: FL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.4%), FL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FL's dividends in 3 years are forecast to be well covered by earnings (31.9% payout ratio).
Next Steps
Management
What is the CEO of Foot Locker's salary, the management and board of directors tenure and is there insider trading?
4.5yrs
Average management tenure
CEO
Dick Johnson (61yo)
4.8yrs
Tenure
US$13,401,976
Compensation
Mr. Richard A. Johnson, also known as Dick, has been the Chief Executive Officer and President of Foot Locker, Inc. since December 1, 2014. Mr. Johnson served as Chief Operating Officer at Foot Locker, Inc ...
CEO Compensation Analysis
Compensation vs. Market: Dick's total compensation ($USD13.40M) is above average for companies of similar size in the US market ($USD5.11M).
Compensation vs Earnings: Dick's compensation has increased by more than 20% in the past year.
Management Age and Tenure
4.5yrs
Average Tenure
56.5yo
Average Age
Experienced Management: FL's management team is considered experienced (4.5 years average tenure).
Board Age and Tenure
6.2yrs
Average Tenure
65.5yo
Average Age
Experienced Board: FL's board of directors are considered experienced (6.2 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Lauren Peters (57yo)
Executive VP & CFO
- Tenure: 8.3yrs
- Compensation: US$3.47m
Giovanna Cipriano (49yo)
Senior VP & Chief Accounting Officer
- Tenure: 10.4yrs
Dick Johnson (61yo)
Chairman
- Tenure: 4.8yrs
- Compensation: US$13.40m
Lew Kimble (60yo)
Executive VP & CEO of Asia Pacific
- Tenure: 3.7yrs
- Compensation: US$4.15m
Sheilagh Clarke (59yo)
Senior VP
- Tenure: 5.3yrs
Jake Jacobs (56yo)
Executive VP & CEO of North America
- Tenure: 3.7yrs
- Compensation: US$5.31m
Pawan Verma (42yo)
Executive VP and Chief Information & Customer Connectivity Officer
- Tenure: 4.2yrs
- Compensation: US$2.49m
James Lance
Vice President of Corporate Finance & Investor Relations
- Tenure: 0yrs
Elizabeth Norberg (52yo)
Senior VP & Chief Human Resources Officer
- Tenure: 1.1yrs
Mary Signorino
Senior Director of PR & Communications
- Tenure: 0yrs
Board Members
Alan Feldman (68yo)
Independent Director
- Tenure: 14.7yrs
- Compensation: US$312.26k
Matt McKenna (68yo)
Independent Director
- Tenure: 13.4yrs
- Compensation: US$273.02k
Dona Young (65yo)
Independent Lead Director
- Tenure: 3.4yrs
- Compensation: US$383.62k
Steve Oakland (58yo)
Independent Director
- Tenure: 5.7yrs
- Compensation: US$261.17k
Guillermo Marmol (66yo)
Independent Director
- Tenure: 8.7yrs
- Compensation: US$283.02k
Maxine Clark (71yo)
Independent Director
- Tenure: 6.8yrs
- Compensation: US$252.02k
Ulice Payne (63yo)
Independent Director
- Tenure: 2.8yrs
- Compensation: US$244.02k
Cheryl Turpin (71yo)
Independent Director
- Tenure: 18.8yrs
- Compensation: US$305.48k
Dick Johnson (61yo)
Chairman
- Tenure: 4.8yrs
- Compensation: US$13.40m
Kim Underhill (54yo)
Independent Director
- Tenure: 2.8yrs
- Compensation: US$255.15k
Company Information
Foot Locker, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Foot Locker, Inc.
- Ticker: FL
- Exchange: NYSE
- Founded: 1879
- Industry: Apparel Retail
- Sector: Retail
- Market Cap: US$4.753b
- Shares outstanding: 107.04m
- Website: https://www.footlocker-inc.com
Number of Employees
Location
- Foot Locker, Inc.
- 330 West 34th Street
- New York
- New York
- 10001
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FL | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| WOO | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
| 0IQK | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1968 |
| FOOT | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Jan 1968 |
Biography
Foot Locker, Inc., through its subsidiaries, operates as an athletic shoes and apparel retailer. The company operates in two segments, North America and International. The company retails athletic footwear ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/20 23:34 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/08/03 |
| Annual Earnings | 2019/02/02 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.