Talk about getting kicked while you're down.
Shares of Foot Locker and Dick's Sporting Goods have fallen 57 and 50 percent respectively this year, and according to David Seaburg of Cowen, the two sneaker stocks could face bigger hurdles when they report next week. Here's why:
Bottom line: Seaburg says disappointing earnings could send shares of Foot Locker to $28 and Dick's Sporting Goods to $22.
For Foot Locker, analysts are largely expecting an earnings per share of 80 cents, according to FactSet estimates. For Dick's Sporting Goods, analysts on average are expecting earnings per share of 26 cents.