|Bid||0.00 x 1200|
|Ask||0.00 x 3100|
|Day's Range||7.94 - 8.40|
|52 Week Range||7.22 - 15.49|
|Beta (5Y Monthly)||1.89|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 23, 2023 - Aug 28, 2023|
|Forward Dividend & Yield||0.60 (7.19%)|
|Ex-Dividend Date||Jul 03, 2023|
|1y Target Est||10.68|
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The retail landscape looks depressing in general, but for retailers that were facing challenges prior to inflation, it looks downright miserable. Current economic trends are only exacerbating real problems. Further, its premium Banana Republic brand, which used to be a standard for office wear, has become less relevant in an era leaning toward casual and athleisure.
The Gap, Inc. ( NYSE:GPS ) has announced that it will pay a dividend of $0.15 per share on the 26th of July. This makes...
Gap reported an unexpected quarterly profit as restructuring efforts and lower costs boosted margins.
↗️ [**Marvell (MRVL)**](https://www.wsj.com/market-data/quotes/MRVL): The chip maker forecast substantial growth, due in part to [artificial intelligence](https://www.wsj.com/articles/how-ai-is-catapulting-nvidia-toward-the-1-trillion-club-14f42380).
The Gap Inc (NYSE: GPS) delivered better than expected results despite sale drops across all its brands and fourth quarter of net losses. Gap’s report comes after its peers, Urban Outfitters Inc. (NASDAQ: URBN), Kohl’s Corporation (NYSE: KSS) and Abercrombie & Fitch Co. (NYSE: ANF) also largely exceeded earnings expectations this week. But Gap’s shares surged about 15% upon news as gross margins have improved. This is a positive wave after earlier apparel such as the one from Foot Locker (NYSE:
Shares of apparel company Gap (NYSE: GPS) popped on Friday after it reported its latest quarterly financial results. As of noon ET, Gap stock was up 10%. Gap owns several retail brands, including Old Navy, Banana Republic, and its namesake brand.
Despite uncertain macro and consumer environments, Gap's (GPS) fiscal Q1 results benefit from reducing inventory, improving assortment and an optimizing cost structure.
Investing.com -- Stocks are surging on Friday as investor optimism rose about lawmakers reaching an agreement on the debt ceiling in the next few days. Here are the market movers for May 26.
(Bloomberg) -- Gap Inc. reported better-than-expected results in the first quarter, showing the retailer’s cost-cutting measures are sparking improved performance. Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEurope’s Economic Engine Is Breaking DownCredit Suisse Loses Singapore Case Against Georgian Billionaire IvanishviliJPMorgan Tells 1,000 First Republic Employees They'll Lose Their
Investing.com -- Stocks in focus in premarket trade on Friday, May 26th. Please refresh for updates.
Welcome to Gap, Inc.'s first quarter fiscal 2023 earnings conference call. Before we begin, I'd like to remind you that the information made available on this conference call contains forward-looking statements that are subject to risks that could cause our actual results to be materially different. For information on factors that could cause our actual results to differ materially from any forward-looking statements, as well as the description and reconciliation of any financial measures not consistent with generally accepted accounting principles, please refer to the cautionary statements contained in our latest earnings release, the risk factors described in the company's annual report on Form 10-K filed with the Securities and Exchange Commission on March 14, 2023, and any subsequent filings with the Securities and Exchange Commission, all of which are available on gapinc.com.
Although the revenue and EPS for Gap (GPS) give a sense of how its business performed in the quarter ended April 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Gap (GPS) delivered earnings and revenue surprises of 105.88% and 0.37%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?
Gap stock jumped 16% in after-hours trading. The company is currently reorganizing its business to improve profitability.
Yahoo Finance Live's Seana Smith checks out several stocks trending in the after-hours trading session.
Gap Inc on Thursday reported a surprise profit in the first quarter, and its shares jumped 16% in extended trading as the apparel retailer cited restructuring efforts and easing supply chain costs. U.S. companies are starting to see some relief from sky-high costs of freight and manufacturing after years of supply-chain snags. Gap's quarterly merchandise margin increased by 610 basis points on an adjusted basis due to lower air freight expenses and improved promotional activity.
Gap Inc on Thursday reported a smaller first-quarter loss than a year earlier, benefiting from the company's restructuring efforts and easing supply chain costs. Gap's quarterly merchandise margin increased by 610 basis points on an adjusted basis due to lower air freight expenses and improved promotional activity. "I feel like they've picked a lot of the low-hanging fruit in terms of closing stores and cutting costs," said Mari Shor, a senior equity analyst at Columbia Threadneedle Investments.
Gap Inc. (NYSE: GPS), a portfolio of purpose-led, billion-dollar lifestyle brands including Old Navy, Gap, Banana Republic, and Athleta, and the largest specialty apparel company in the U.S., today reported financial results for its first quarter ended April 29, 2023.
Investing.com - U.S. stock futures were trading slightly lower during Thursday's evening deals, after major benchmark averages finished mixed as market participants monitored ongoing debt ceiling negotiations as well upcoming inflation data.
Gap's (GPS) Q1 results are likely to reflect gains from cost-saving initiatives and the robust Athleta brand. Inflation-led dismal demand is likely to have hurt.
Gap (GPS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
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.
Retail stocks haven’t been lighting the world on fire lately. The SPDR S&P Retail Exchange-Traded Fund (NYSEARCA:XRT) that tracks the sector is flat on the year (down 0.30% since January). Investors and traders seem to be taking a “wait-and-see” approach to retail stocks as the U.S. economy and consumer spending slow in the wake of persistently high inflation and elevated interest rates used to lower it. Fears of a coming economic recession are also dampening sentiment around retail stocks. This
When legendary investor Warren Buffett speaks, people listen, which might not bode well for those exposed to the below stocks to sell. Primarily, Buffett believes that the “extraordinary period” of excessive spending following the Covid-19-inspired stimulus package is over. Now, businesses must face certain harsh realities. In particular, companies directly exposed to the consumer market may face inventory buildup. Eventually, if circumstances don’t substantively improve, they’ll need to rid the