Gap Snaps Slump With Sales Gain
The company posted higher quarterly sales in an early sign that its new leader's plan for turning around the beleaguered retailer is starting to pay off.
Gap Stock Surges on Strong Quarter. Its Turnaround Plan Is Working.
The company also raised guidance for fiscal 2024.
Gap's stock jumps 20% as the retailer swings to profit and raises guidance
Gap Inc. shares rallied more than 20% in the extended session Thursday after the retailer reported first-quarter earnings and sales well above investors' expectations, raised its guidance for the year and pared down its inventory.
Gap lifts annual sales forecast on Old Navy strength, shares surge
Gap raised its annual sales forecast and its first-quarter results beat market expectations, boosted by strength in its Old Navy and Gap brands as budget-strained Americans snap up its trendy denim bottoms and active wear apparel.
Gap blows pasts earnings estimates, raises guidance as all four brands post sales growth
Gap beat quarterly estimates on the top and bottom lines, leading it to raise its full-year guidance. The apparel company's CEO Richard Dickson told CNBC, "we're delivering what we said we were going to deliver to our shareholders.
Retail Stock Rebounds Before Earnings Report
Clothing retailer Gap Inc ( NYSE:GPS) will step into the earnings confessional after the close today.
Despite Fast-paced Momentum, Gap (GPS) Is Still a Bargain Stock
Gap (GPS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
With The Stock Almost Flat This Year, Will Q1 Results Drive Gap's Stock Higher?
Gap Inc. stock (NYSE: GPS), a specialty retailer selling casual apparel, accessories, and personal care products for men, women, and children under the Gap Gap , Old Navy, and Banana Republic brands, is scheduled to report its first-quarter results on Thursday, May 30. We expect Gap's stock to likely see little to no movement with revenue beating but earnings missing expectations marginally in fiscal Q1.
Gap, Abercrombie results to show if mall shoppers are splurging
Results from U.S. mall-based apparel chains this week will give a clearer picture of whether Americans are splurging on clothes and accessories heading into summer following mixed results from big retailers Walmart and Target.
Here's How Gap (GPS) Is Positioned Ahead of Q1 Earnings
Gap's (GPS) Q1 results are expected to reflect gains from lower airfreight and improved promotional activity. These are expected to result in an improved gross margin in the upcoming quarter.
Seeking Clues to Gap (GPS) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Gap (GPS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended April 2024.
Gap (GPS) Reports Next Week: Wall Street Expects Earnings Growth
Gap (GPS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
