With On-Trend Fashion And Inspired New Leadership, Gap's Turnaround Begins
Gap Inc. and its four iconic fashion brands – Old Navy, Banana Republic, Athleta and its namesake Gap – has finally got its mojo back.
The Score: Trump Media & Technology, American Airlines, Gap and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news.
It was a strong week for retail earnings. That doesn't spell a consumer comeback
First-quarter retail earnings are coming to a close, and shoppers are still spending, but being more selective than ever. Winners like Foot Locker, Gap and Abercrombie & Fitch offered shoppers the right combination of value, fun and product, leading to strong results that largely beat expectations.
Gap shares soar on robust earnings, boosted guidance
Gap Inc (NYSE:GPS) shares surged more than 26% after the retailer impressed with its first quarter earnings report and raised its full-year guidance. The report signalled that efforts by the retailer, whose brands include Old Navy, Gap, Banana Republic and Athleta, to turn around its business under new CEO Richard Dickson are working.
Gap's (GPS) Q1 Earnings and Sales Beat Estimates, Rise Y/Y
Gap (GPS) posts impressive first-quarter fiscal 2024 results. Comparable sales rise 3% year over year.
2 Retailers in Focus After Earnings
The retail sector is booming today, with the SPDR S&P Retail ETF (XRT) up 0.5% at last check.
Spectacular Gap Results Drive Shares Higher
Gap Inc. (NYSE: GPS) has endured years of falling sales, several chief executive officers, store closings, and turnaround plans.
Gap surges as apparel maker's turnaround strategy starts to pay off
Shares of Gap climbed nearly 25% at $28.04 in premarket trading on Friday after the apparel retailer raised its full-year sales forecast in fresh signs that its turnaround strategy to bring in newer styles is starting to work.
Gap Stock Surges After Turnaround Plan Drives Quarterly Results, Raised Outlook
Gap Inc. (GPS) shares surged more than 23% in extended trading on Thursday after the clothing and accessories retailer posted a better-than-expected quarterly earnings report and raised its full-year guidance in signs that the company's turnaround plan is paying off.
The Gap, Inc. (GPS) Q1 2024 Earnings Call Transcript
The Gap, Inc. (NYSE:GPS ) Q1 2024 Earnings Conference Call May 30, 2024 5:00 PM ET Company Participants Emily Gacka - Director, IR Richard Dickson - CEO Katrina O'Connell - CFO Conference Call Participants Matthew Boss - JPMorgan Robert Drbul - Guggenheim Paul Lejuez - Citigroup Alex Straton - Morgan Stanley Michael Binetti - Evercore Lorraine Hutchinson - Bank of America Ike Boruchow - Wells Fargo Brooke Roach - Goldman Sachs Adrienne Yih - Barclays Jonna Kim - TD Cowen Operator Good afternoon, ladies and gentlemen. I would like to welcome everyone to The Gap Inc. First Quarter 2024 Earnings Conference Call.
Here's What Key Metrics Tell Us About Gap (GPS) Q1 Earnings
The headline numbers for Gap (GPS) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Gap (GPS) Beats Q1 Earnings and Revenue Estimates
Gap (GPS) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.01 per share a year ago.
