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Foot Locker, Inc., through its subsidiaries, operates as a footwear and apparel retailer in North America, Europe, Australia, New Zealand, Asia, and the Middle East. Its brand portfolio includes Foot Locker, a brand comprising sneakers and apparel; Kids Foot Locker, which offers athletic footwear, apparel, and accessories for children; and Champs Sports that operates as a mall-based specialty athletic footwear and apparel retailer. The company also provides its products under the WSS brand, an athletic-inspired retailer; and atmos brand, a digitally led culturally connected brand featuring sneakers and apparel. It offers its products through physical stores, various e-commerce sites, and mobile apps. The company was formerly known as Venator Group, Inc. and changed its name to Foot Locker, Inc. in November 2001. The company was founded in 1879 and is headquartered in New York, New York.
Strategic Pivot | Explore Foot Locker's "Lace Up" strategy, aiming to address past challenges through sales initiatives, cost savings, and improved execution |
Brand Diversification | Learn how Foot Locker is reducing reliance on Nike by expanding partnerships with brands like Hoka, On, New Balance, Adidas, and Asics |
Margin Expansion | Analysts project 550 basis points of EBIT margin expansion by FY2028, with a target range of 8.5%-9.0%, driven by strategic initiatives |
Market Challenges | Delve into Foot Locker's competitive landscape, including JD Sports' aggressive expansion and the impact on Foot Locker's market position |
Metrics to compare | FL | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipFLPeersSector | |
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P/E Ratio | −4.7x | 8.6x | 10.8x | |
PEG Ratio | 0.01 | −0.26 | 0.02 | |
Price/Book | 0.7x | 1.4x | 1.4x | |
Price / LTM Sales | 0.2x | 0.4x | 0.9x | |
Upside (Analyst Target) | 13.3% | 9.6% | 23.6% | |
Fair Value Upside | Unlock | 6.3% | 7.9% | Unlock |