Gap Analyst Praises Turnaround Strategy As Stock Climbs
Gap Analyst Praises Turnaround Strategy As Stock Climbs
Shares of Gap Inc (NYSE:GAP) were climbing on Monday, a week after the company reported upbeat quarterly earnings.
gap inc（紐交所：GAP）的股票在週一上漲，此前該公司報告了令人振奮的季度收益，距離該報告已過了一週。
The company reported the fourth straight quarter of revenue growth and seventh consecutive quarters of market share expansion, according to JPMorgan.
根據摩根大通的消息，該公司報告了連續第四個季度的營業收入增長和連續七個季度的市場份額擴張。
Analyst Matthew Boss upgraded the rating for from Neutral to Overweight, while raising the price target from $28 to $30.
分析師Matthew Boss將評級從中立上調至增持，同時將目標價格從28美元提高至30美元。
The Gap Thesis: CEO Richard Dickson noted that the company was moving from a stage of "fixing fundamentals" across the portfolio to achieving "continuous improvement," Boss said in the upgrade note.
gap的理論：首席執行官Richard Dickson表示，該公司正在從"修復基本面"的階段轉變爲實現"持續改進"，Boss在升級通知中提到。
Check out other analyst stock ratings.
查看其他分析師的股票評級。
Dickson's formula for driving multi-year growth is increased efficiency, with inventory management, marketing, operational savings, and "flywheel reinvestment (ala best-in-class brands)," he added.
Dickson推動多年增長的公式是提高效率，包括庫存管理、營銷、運營節省和"飛輪再投資（借鑑最優秀品牌）"，他補充道。
Management said Gap had made a "strong start" to the Holiday season, with the first half of November comps improving, the analyst stated. The company is following a strategy of "winning early through merchandising and marketing campaigns across the brands," he added.
管理層表示，gap在假日季節已"有了強勁的開端"，分析師指出，11月上半月的同比數據有所改善。該公司遵循"通過品牌間的商品和營銷活動提前取勝的策略"，他補充道。
CFO Katrina O'Connell said the company is targeting historical levels of profitability of 8%-10%, "led by SG&A leverage and modest gross margin expansion," Boss further wrote.
首席財務官katrina集團表示，公司目標是實現8%-10%的歷史盈利水平，"主要得益於SG&A槓桿和適度的毛利率擴張，"Boss進一步寫道。
GA Price Action: Shares of Gap were up 6% to $25.69 at the time of publication on Monday.
GA價格動態：在週一發佈時，gap inc的股價上漲6%，達到了$25.69。
Read More:
閱讀更多：
- Gap's Growth Drivers: Market Share Gains, Brand Momentum, And Raised Guidance – Analysts Weigh In
- Gap的增長驅動因素：市場份額增長、品牌勢頭和提高的指引 – 分析師的觀點
Photo: JHVEPhoto/Shutterstock.com
圖片：JHVEPhoto / Shutterstock.com