Foot Locker Shareholders Approve Key Proposals at Meeting

Foot Locker ( (FL) ) has provided an announcement.

On May 21, 2025, Foot Locker, Inc. held its annual meeting of shareholders, where several key proposals were voted on. Shareholders approved an amendment to the 2007 Stock Incentive Plan and ratified the appointment of KPMG LLP as the independent registered public accounting firm for fiscal year 2025. However, a shareholder proposal to adopt a goal for reducing greenhouse gas emissions in line with the Paris Agreement was not approved. These decisions reflect Foot Locker’s ongoing strategic priorities and stakeholder engagement, impacting its operational and environmental strategies.

The most recent analyst rating on (FL) stock is a Hold with a $30.00 price target. To see the full list of analyst forecasts on Foot Locker stock, see the FL Stock Forecast page.

Spark’s Take on FL Stock

According to Spark, TipRanks’ AI Analyst, FL is a Neutral.

Foot Locker faces significant challenges in profitability and valuation, reflected in a low financial performance score and stretched P/E ratio. Although the earnings call provided some positive insights, technical indicators suggest caution. Recent corporate events introduce both opportunities and risks. Overall, the stock is under pressure but holds potential for recovery if strategic initiatives succeed.

To see Spark’s full report on FL stock, click here.

More about Foot Locker

Foot Locker, Inc. operates in the retail industry, focusing primarily on athletic footwear and apparel. The company is known for its wide range of sportswear products and has a significant presence in the global market, catering to a diverse customer base.

Average Trading Volume: 6,418,584

Technical Sentiment Signal: Buy

Current Market Cap: $2.28B

For detailed information about FL stock, go to TipRanks’ Stock Analysis page.