Foot Locker (FL)

• Market cap: $1.26B
• 1 day: 10.07%
• 5 days: 12.03%
• 1 month: 16.37%
• 3 months: -31.36%
• 6 months: -47.18%
• Year to date: -38.99%
• 1 year: -41.86%
• 5 years: -46.46%
• 10 years: -78.27%
• Sector: Consumer Discretionary
• Industry: Apparel Retail

About: 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.

Employees: 47,306

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]

18% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 55

2.95% more ownership

Funds ownership: 99.9% [Q3] → 102.85% (+2.95%) [Q4]

2% more funds holding

Funds holding: 286 [Q3] → 291 (+5) [Q4]

13% less capital invested

Capital invested by funds: $2.45B [Q3] → $2.12B (-$323M) [Q4]

13% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 97

52% less call options, than puts

Call options by funds: $117M | Put options by funds: $244M

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $12 9% downside
• Avg. target: $17.45 32% upside
• High target: $24 82% upside

11 analyst ratings

• positive: 3 27%
• neutral: 5 45%
• negative: 3 27%

Barclays Adrienne Yih 28% 1-year accuracy 19 / 69 met price target	6% upside $14	Overweight Maintained	12 May 2025
Morgan Stanley Alex Straton 54% 1-year accuracy 15 / 28 met price target	6% upside $14	Underweight Maintained	6 May 2025
Goldman Sachs Kate McShane 100% 1-year accuracy 1 / 1 met price target	29% upside $17	Sell Maintained	22 Apr 2025
JP Morgan Matthew Boss 75% 1-year accuracy 3 / 4 met price target	21% upside $16	Underweight Maintained	14 Apr 2025
Evercore ISI Group Michael Binetti 0 / 0 met price target	13% upside $15	Outperform Maintained	11 Apr 2025