Foot Locker, Inc.

NYSE:FL Stock Report

Market Cap: US$2.3b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Foot Locker Past Earnings Performance

Past criteria checks 0/6

Foot Locker's earnings have been declining at an average annual rate of -53.2%, while the Specialty Retail industry saw earnings growing at 7.8% annually. Revenues have been declining at an average rate of 0.4% per year.

Key information

-53.25%

Earnings growth rate

-52.76%

EPS growth rate

Specialty Retail Industry Growth26.64%
Revenue growth rate-0.37%
Return on equity-14.70%
Net Margin-4.82%
Last Earnings Update02 Aug 2025

Recent past performance updates

Recent updates

Seeking Alpha Jul 09

Foot Locker: Lace Up And Sell

Summary Foot Locker's long-term performance has been disappointing, with flat returns even including the takeover premium from Dick's Sporting Goods. Dick's acquisition offers a generous 66% premium, providing a face-saving exit for Foot Locker shareholders, but I see little upside remaining. I recommend selling FL now, as the cash offer caps gains and the risk of deal cancellation or no higher bid outweighs potential rewards. Dick's stock is strong but richly valued; I see more risk than reward in holding FL, so I rate it a strong sell. Read the full article on Seeking Alpha
Analysis Article May 15

Shareholders May Be Wary Of Increasing Foot Locker, Inc.'s (NYSE:FL) CEO Compensation Package

Key Insights Foot Locker's Annual General Meeting to take place on 21st of May Total pay for CEO Mary Dillon includes...
Analysis Article May 05

Foot Locker, Inc. (NYSE:FL) Shares Could Be 32% Below Their Intrinsic Value Estimate

Key Insights Foot Locker's estimated fair value is US$19.11 based on 2 Stage Free Cash Flow to Equity Foot Locker is...
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New Narrative Apr 27

Digital Upgrades And Store Refinements Will Shape Retail Future

Foot Locker's strategy focuses on enhancing store concepts, digital initiatives, and partnerships, boosting revenue, digital penetration, and sneaker culture leadership.
Analysis Article Apr 17

The Returns On Capital At Foot Locker (NYSE:FL) Don't Inspire Confidence

To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Analysis Article Mar 26

Foot Locker, Inc.'s (NYSE:FL) Share Price Could Signal Some Risk

With a median price-to-sales (or "P/S") ratio of close to 0.4x in the Specialty Retail industry in the United States...
Seeking Alpha Mar 20

Foot Locker: Weak Guidance And Macro Concerns Weigh On The Stock Sentiment

Summary I maintain a hold rating on FL due to concerns about the FY25 outlook outweighing recent positive achievements. 4Q24 earnings were strong with a 2.6% SSS growth, 300 bps gross margin expansion, and 126% adj EPS growth. Positive factors include significant digital traction, with digital comps up 12.4%, and an improved relationship with NKE boosting footwear sales. Read the full article on Seeking Alpha
Seeking Alpha Mar 06

Foot Locker: Q4 Was The Best Of The Year And The Price Is Fair, But I Will Wait

Summary Foot Locker, Inc. reported its third consecutive quarter of ~2.5% comparable sales growth, with the flagship brand posting strong 5.5% comps and margins returning to normal levels. Despite positive trends, the stock is down 20-40% due to recession fears and previous overvaluation. Current valuation is 10-12x FY25 guidance. FY24 results showed strong core performance, especially in footwear, but cautious FY25 guidance reflects potential macroeconomic challenges and consumer discretionary pressures. I maintain a Hold rating on FL stock, due to low operating margins and market uncertainties. Will closely watch for future opportunities. Read the full article on Seeking Alpha
Analysis Article Feb 07

Foot Locker (NYSE:FL) Use Of Debt Could Be Considered Risky

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jan 20

Is It Time To Consider Buying Foot Locker, Inc. (NYSE:FL)?

While Foot Locker, Inc. ( NYSE:FL ) might not have the largest market cap around , it received a lot of attention from...
Seeking Alpha Jan 07

Foot Locker: Gross Margin Performance Is My Focus For Q4

Summary I maintain a hold rating for Foot Locker due to concerns about gross margin performance despite the potential to beat FY24 revenue guidance. Revised FY24 revenue guidance seems achievable, supported by strong holiday demand and positive macroeconomic indicators. Gross margin pressure from increased promotional activity remains a significant concern, potentially offsetting revenue gains. Awaiting 4Q24 results, it is prudent to assess the balance between revenue growth and margin pressure before considering a buy rating. Read the full article on Seeking Alpha
Analysis Article Dec 27

Foot Locker (NYSE:FL) Could Be Struggling To Allocate Capital

What underlying fundamental trends can indicate that a company might be in decline? When we see a declining return on...
Seeking Alpha Dec 04

Foot Locker Q3: No Recovery In Sight

Summary Foot Locker, Inc.'s Q3 performance missed expectations with a turnaround failing to materialize, and the lowered FY2024 guidance suggests similar trends in Q4. The company's Lace Up Plan hasn't yielded wanted results despite notable store footprint rationalization, as Foot Locker's retail brands and Nike sales are weakening. Despite the stock's crash, I estimate FL stock's valuation to remain too high due to the poor outlook. I estimate 37% downside to a fair value of $12.56. Read the full article on Seeking Alpha
Analysis Article Nov 07

Foot Locker (NYSE:FL) Has A Somewhat Strained Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Oct 20

When Should You Buy Foot Locker, Inc. (NYSE:FL)?

Foot Locker, Inc. ( NYSE:FL ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article Oct 02

Are Foot Locker, Inc. (NYSE:FL) Investors Paying Above The Intrinsic Value?

Key Insights The projected fair value for Foot Locker is US$20.78 based on 2 Stage Free Cash Flow to Equity Current...
Seeking Alpha Sep 28

Foot Locker: Big Bets With Nike And Adidas Means 18.8% Upside

Summary Foot Locker's stock has dropped 66.85% since 2016, largely due to the shift towards online shopping accelerated by COVID-19. The company is partnering with major brands like Nike and Adidas to release exclusive collections and launching a new mobile app to attract customers. Foot Locker's valuation is currently at a discount, presenting a potential upside of 18.80% if it converges with the sector median forward P/E ratio. Despite the risks associated with brick-and-mortar retail, Foot Locker's unique brand and targeted market strategy make shares a high-risk buy. Read the full article on Seeking Alpha
Analysis Article Sep 03

Some Investors May Be Worried About Foot Locker's (NYSE:FL) Returns On Capital

When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...
Seeking Alpha Aug 29

Foot Locker: Q2 2024 Was Encouraging, But The Stock Discounts Most Improvements

Summary Foot Locker's Q2 2024 results showed positive comparable sales and improved margins, but the stock dropped 10% due to high market expectations. Despite positive comparables, SG&A deleveraging and heavy investments raise concerns about Foot Locker's ability to return to pre-pandemic profitability. The company's valuation appears optimistic, already pricing in a recovery to historical margins, making the stock unattractive at current levels. I maintain a Hold rating on Foot Locker stock, as the potential for margin improvement is uncertain, and the stock price reflects optimistic recovery assumptions. Read the full article on Seeking Alpha
Seeking Alpha Aug 15

Foot Locker: Future Prospects Are Already Priced In

Summary Foot Locker is trading at almost exactly its book value. Foot Locker's fortunes have improved after a 2023 loss, but the stock future may already be priced in. Competition, high concentration on Nike, and international growth potential pose risks; stock is currently a hold at these prices. Read the full article on Seeking Alpha
Analysis Article Aug 13

Foot Locker, Inc. (NYSE:FL) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

Foot Locker, Inc. ( NYSE:FL ) shares have continued their recent momentum with a 26% gain in the last month alone...
Analysis Article Jul 28

Is Foot Locker (NYSE:FL) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Seeking Alpha Jun 03

Foot Locker: Remain Hold Rated As Uncertainties Remain

Summary FL reported 1Q24 earnings with a decline in revenue and earnings per share, but signs of improvement in same-store-sales growth. Positive updates on Nike's innovation pipeline could drive future same-store-sales growth for FL. However, there are still uncertainties and headwinds that could impact FL's ability to meet its FY24 guidance, making it safer to wait for actual results before turning bullish. Read the full article on Seeking Alpha
Analysis Article May 31

Foot Locker, Inc.'s (NYSE:FL) Shares Climb 26% But Its Business Is Yet to Catch Up

Foot Locker, Inc. ( NYSE:FL ) shareholders are no doubt pleased to see that the share price has bounced 26% in the last...
Analysis Article May 27

Is It Time To Consider Buying Foot Locker, Inc. (NYSE:FL)?

Foot Locker, Inc. ( NYSE:FL ), might not be a large cap stock, but it received a lot of attention from a substantial...
Analysis Article May 07

Capital Allocation Trends At Foot Locker (NYSE:FL) Aren't Ideal

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Seeking Alpha Apr 20

Foot Locker Is Doing The Right Things But Needs To Improve Margins

Summary Foot Locker has been facing challenges due to limited access to trendy supply from Nike and high promotions eroding margins. The company replaced its management team in late 2022 and early 2023, but their priorities of investing before recovering margins are questionable. Market expectations for a small merchandise margin recovery are not supported by recent data and management comments, making it difficult to recommend Foot Locker. Read the full article on Seeking Alpha
Analysis Article Apr 18

A Look At The Intrinsic Value Of Foot Locker, Inc. (NYSE:FL)

Key Insights The projected fair value for Foot Locker is US$21.11 based on 2 Stage Free Cash Flow to Equity Foot...
Seeking Alpha Mar 26

Foot Locker: Compelled To Downgrade To Hold With Little Visibility Into FY24

Summary Foot Locker's 4Q23 results were disappointing, with decline in gross margin and pre-tax profits. Same-store sales growth declined in 4Q23 and is expected to continue to decline in 1FQ24, indicating weak underlying demand. FY24 guidance failed to deliver positive sentiment, and near-term profitability is expected to be volatile. Read the full article on Seeking Alpha
Analysis Article Mar 16

Foot Locker, Inc.'s (NYSE:FL) Popularity With Investors Under Threat As Stock Sinks 25%

Foot Locker, Inc. ( NYSE:FL ) shareholders that were waiting for something to happen have been dealt a blow with a 25...

Revenue & Expenses Breakdown

How Foot Locker makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:FL Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
02 Aug 257,860-3791,9150
03 May 257,903-3531,9230
01 Feb 257,988181,9270
02 Nov 248,124-4261,9590
03 Aug 248,152-3651,9230
04 May 248,116-3581,8900
03 Feb 248,168-3301,8600
28 Oct 238,121811,8460
29 Jul 238,3081491,8650
29 Apr 238,5122481,8730
28 Jan 238,7593451,9030
29 Oct 228,7734261,9060
30 Jul 228,7864881,8960
30 Apr 228,9938241,8970
29 Jan 228,9688931,8440
30 Oct 218,8069131,7890
31 Jul 218,7231,0201,7600
01 May 218,5256351,7100
30 Jan 217,5543231,5830
31 Oct 207,5803341,6150
01 Aug 207,4061941,5990
02 May 207,1032091,5890
01 Feb 208,0054911,6510
02 Nov 198,0565151,8290
03 Aug 197,9845202,3750
04 May 197,9925482,2090
02 Feb 197,9395411,6160
03 Nov 187,8773342,9100
04 Aug 187,8873062,3200
05 May 187,8062692,4320
03 Feb 187,7822842,2350
28 Oct 177,6855222,1670
29 Jul 177,7015772,1650
29 Apr 177,7806532,1760
28 Jan 177,7666642,1640
29 Oct 167,6606332,1010
30 Jul 167,5685562,0860
30 Apr 167,4835482,0670
30 Jan 167,4125412,0550
31 Oct 157,3165292,0370
01 Aug 157,2535692,0380
02 May 157,1995422,0500
31 Jan 157,1515202,0610
01 Nov 147,0314952,0080

Quality Earnings: FL is currently unprofitable.

Growing Profit Margin: FL is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FL is unprofitable, and losses have increased over the past 5 years at a rate of 53.2% per year.

Accelerating Growth: Unable to compare FL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FL is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (-1.4%).


Return on Equity

High ROE: FL has a negative Return on Equity (-14.7%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/10 21:07
End of Day Share Price 2025/09/05 00:00
Earnings2025/08/02
Annual Earnings2025/02/01

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Foot Locker, Inc. is covered by 32 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John StaszakArgus Research Company
Matthew McClintockBarclays
Adrienne Yih-TennantBarclays