Foot Locker Stock Jumps Despite Sales Miss, Weak Guidance

Core Insights - Foot Locker Inc reported mixed fourth-quarter earnings, with adjusted earnings of 86 cents per share exceeding analyst expectations of 72 cents, while revenue of $2.24 billion fell short of the forecasted$2.32 billion, reflecting a 4.6% year-over-year decline excluding currency fluctuations [1] Financial Performance - The company experienced a 2.6% increase in comparable-store sales, indicating some resilience in its retail operations, although the fourth quarter of 2023 included an extra week, which affected year-over-year comparisons [2] - The stock price of Foot Locker rose by 10.1% to $19.21, after reaching an intraday high of$19.67, despite struggling in 2025 with a year-to-date decline of 12.1% and a year-over-year decline of 43.8% [2] Market Activity - Options traders are actively speculating on Foot Locker's stock movements, with a significant volume of 5,564 calls and 4,406 puts exchanged, which is seven times the average intraday volume, indicating heightened interest in the stock [3] - The most popular options contracts include the 3/7 20-strike call and the 17.50-strike put in the same weekly series [3]