For two retailers that both saw their stock slide by a double-digit percentage after earnings, what may be most surprising is that executives at both Gap and American Eagle Outfitters say nothing is wrong with the economy.
The Gap, Inc. (GAP) Q1 2026 Earnings Call Transcript
The headline numbers for Gap (GAP) give insight into how the company performed in the quarter ended April 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Gap (GAP) came out with quarterly earnings of $0.38 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.51 per share a year ago.
The apparel retailer now expects revenue to increase 1% to 2% this year, down from its prior outlook for 2% to 3% growth.
Gap issued mixed fiscal first-quarter results, missing on the top line but beating on the bottom. CEO Richard Dickson told CNBC sales at Old Navy were worse than expected after the brand's spring and summer assortment failed to land with shoppers, leading it to cut its full-year sales outlook.
The Polaris Forge 3 lease expands Applied Digital's contracted backlog to $31 billion, 67% of which is tied to investment-grade hyperscaler, which could unlock cheap project financing. The 1-month gap between the Delta Forge 1 and Polaris Forge 3 leases suggests that the same customer is likely to lease the remaining 300 MW site in the near-term. The short gap also points to a broader trend of hyperscalers securing compute capacity for 2027-2028 deployments, in time for the rollout of Nvidia's Rubin Ultra and Feynman GPU architectures.
With a share price performance of -73% over the last year, monday.com has been one of the biggest casualties of what is now called the SaaS-Pocalypse. MNDY is now trading at 14.6x forward 2027 earnings while revenues are expected to grow by 19.5% and 16.5% in 2026 and 2027, respectively. The company's net cash balance of $1.2 billion now represents ~30% of its $4.0 billion market capitalization. MNDY's bulletproof balance sheet skews the risk-reward proposition to the upside.
GAP heads into Q1 earnings with revenues seen up 1.8% but EPS down 23.5% as tariffs and Athleta softness test its reinvigoration plan.
Evaluate the expected performance of Gap (GAP) for the quarter ended April 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Just a few years ago, AI was largely being used as a recreational tool. The technology's advancement to a critical cornerstone for many different companies is nothing short of fascinating.
First Trust Water ETF (FIW) offers diversified exposure to U.S. water-related industrials, benefiting from structural CAPEX tailwinds and rising data center water demand. FIW's tiered weighting structure mitigates concentration risk, providing meaningful mid- and small-cap exposure beyond mega-cap dominance. Despite recent underperformance due to PFAS regulatory costs and market uncertainty, compulsory infrastructure upgrades and legislative support underpin the investment case.