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Shares of apparel retailer The Gap (NYSE: GAP) jumped on Friday after the company reported financial results for the third quarter of 2024. As of 11:30 a.m. ET, The Gap stock was up about 9% but ...
This spring, Gap Inc.’s long losing streak finally ended. In late May, the company reported that all four brands in its portfolio had seen growth in quarterly comparable sales for the first time ...
Of the 15 sell-side analysts that cover Gap, the average price target is $25.59, according to Yahoo Finance data — a 22% upside from current levels. One wild card in the Gap investment thesis is ...
Gap is showing signs of a comeback.In Q2, revenue grew 5% to $3.72 billion, compared to estimates of $3.63 billion, while adjusted earnings per share came in at $0.54, compared to estimates of $0.40.
Here's how Gap performed on its earnings day: The earning rundown. Net sales: +1% year over year to $4.3 billion vs. $4.21 billion estimate Comparable sales: Old Navy: +2% compared to -7% last ...
Gap says it has now identified $550 million in cost savings in the past six months. That may help to make an earnings number in the second half of this year, but it does nothing to set the company ...
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But all things considered, Gap's earnings are likely to be just like that $39.99 logo hoodie after a workout. Brian Sozzi is an editor-at-large and anchor at Yahoo Finance . Follow Sozzi on ...