Sam Poser, an analyst from Williams Trading, maintained the Hold rating on Foot Locker. The associated price target remains the same with $24.00.
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Sam Poser has given his Hold rating due to a combination of factors impacting Foot Locker’s performance. The company’s second-quarter results for 2025 fell short of expectations, with total revenue declining and same-store sales not meeting consensus estimates. The gross margin also missed the mark, and earnings per share were negative, contrasting with the expected positive figures.
Furthermore, while some segments like Foot Locker U.S., Champs, and Kid’s Foot Locker showed sales increases, these were likely driven by promotional activities, raising concerns about sustainability. The lack of guidance and an earnings call, due to the pending acquisition by Dick’s Sporting Goods, adds uncertainty. Additionally, the challenging trends in international markets and the potential strategic moves by Dick’s Sporting Goods contribute to the cautious outlook, justifying the Hold rating.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FL in relation to earlier this year.