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10-Q: Q2 2025 Earnings Report

10-Q: Q2 2025 Earnings Report

10-Q:2025财年二季报
美股SEC公告 ·  2024/08/30 23:42

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Gap Inc. reported strong financial results for Q2 fiscal 2024, with net sales increasing 5% compared to Q2 2023. Net income rose to $206 million from $117 million last year, while diluted earnings per share reached $0.54, up from $0.32. Gross margin improved significantly to 42.6% from 37.6% in the prior year period.Store and franchise sales grew 4% while online sales increased 7% year-over-year. By brand, Old Navy Global led with 5% comparable sales growth, followed by Gap Global at 3%. Banana Republic Global sales were flat, while Athleta Global saw a 4% decline. The company maintained financial discipline, with merchandise inventory down 5% compared to Q2 2023.Gap is focused on strategic priorities including cost optimization, brand reinvigoration, digital-first operations, talent retention, and sustainability integration. The company ended the quarter with 2,541 company-operated stores globally, a slight decrease from the previous year, while franchise locations increased to 1,027.
Gap Inc. reported strong financial results for Q2 fiscal 2024, with net sales increasing 5% compared to Q2 2023. Net income rose to $206 million from $117 million last year, while diluted earnings per share reached $0.54, up from $0.32. Gross margin improved significantly to 42.6% from 37.6% in the prior year period.Store and franchise sales grew 4% while online sales increased 7% year-over-year. By brand, Old Navy Global led with 5% comparable sales growth, followed by Gap Global at 3%. Banana Republic Global sales were flat, while Athleta Global saw a 4% decline. The company maintained financial discipline, with merchandise inventory down 5% compared to Q2 2023.Gap is focused on strategic priorities including cost optimization, brand reinvigoration, digital-first operations, talent retention, and sustainability integration. The company ended the quarter with 2,541 company-operated stores globally, a slight decrease from the previous year, while franchise locations increased to 1,027.
Gap Inc.公布了2024财年第二季度的强劲财务业绩,净销售额同比2023年第二季度增长5%。净利润从去年的11700万美元上升至20600万美元,每股摊薄收益达到0.54美元,较去年的0.32美元有所上升。毛利率显著提高,从去年同期的37.6%上升至42.6%。门店和特许经营销售增长4%,而在线销售同比增长7%。按品牌划分,Old Navy全球销售增长5%,Gap全球为3%。Banana Republic全球销售持平,而Athleta全球则下降了4%。公司保持财务纪律,商品库存较2023年第二季度下降5%。Gap专注于战略优先事项,包括成本优化、品牌复兴、数字优先业务、人才保留和可持续性整合。公司在全球范围内以2541家自营门店结束本季度,比去年略有减少,而特许经营店数量增至1027家。
Gap Inc.公布了2024财年第二季度的强劲财务业绩,净销售额同比2023年第二季度增长5%。净利润从去年的11700万美元上升至20600万美元,每股摊薄收益达到0.54美元,较去年的0.32美元有所上升。毛利率显著提高,从去年同期的37.6%上升至42.6%。门店和特许经营销售增长4%,而在线销售同比增长7%。按品牌划分,Old Navy全球销售增长5%,Gap全球为3%。Banana Republic全球销售持平,而Athleta全球则下降了4%。公司保持财务纪律,商品库存较2023年第二季度下降5%。Gap专注于战略优先事项,包括成本优化、品牌复兴、数字优先业务、人才保留和可持续性整合。公司在全球范围内以2541家自营门店结束本季度,比去年略有减少,而特许经营店数量增至1027家。
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