Foot Locker Stock Jumps Despite Sales Miss, Weak Guidance

Options traders are speculating on the stock's next moves

Jake Scott

Deputy Editor

Mar 5, 2025 at 10:19 AM

Foot Locker Inc (NYSE:FL) delivered a mixed fourth-quarter earnings report, with higher-than-expected adjusted earnings of 86 cents per share surpassing analyst expectations of 72 cents, according to FactSet. However, revenue of $2.24 billion missed the forecasted $2.32 billion, reflecting a 4.6% year-over-year decline excluding currency fluctuations.

Comparable-store sales rose 2.6%, showing some resilience in Foot Locker’s retail footprint, though the company noted the fourth quarter in 2023 included an extra week, impacting year-over-year comparisons.

At last glance, FL was up 10.1% at $19.21, after earlier surging to an intraday high of $19.67. The stock has struggled in 2025, down 12.1% year-to-date, and yesterday hit $16.92 — its lowest level since September 2023 — bringing its year-over-year decline to 43.8%.

Options traders are actively speculating on the stock’s next move, with 5,564 calls and 4,406 puts exchanged so far today, seven times the average intraday volume. The most popular contracts are the 3/7 20-strike call and the 17.50-strike put in the same weekly series.

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