Gap Inc Stock Discussion

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Gap, which owns the namesake Gap brand, Old Navy, Banana Republic and Athleta, reported a sharp year-over-year (YoY) increase in earnings per share (EPS) from $0.58 to $0.72. The bottom-line results also exceeded the $0.58-per-share consensus estimate.
Revenue rose a modest 1.65% YoY from $3.77 billion to $3.83 billion, roughly in-line with estimates, with comparable sales rising 1%.
The company said its board...

$Gap Inc (GAP.US)$ shares advanced almost 14% in extended trading after the apparel company raised its full year sales growth outlook.
The company behind clothing brands Old Navy, Banana Republic, Athleta and its namesake brand Gap now expects net sales to rise between 1.5% to 2% in fiscal year 2024. It previously expected sales to be up just "slightly." It also said it expects operating income to see mid-to-high 60% growth range, ...