|Bid||0.00 x 800|
|Ask||45.22 x 4000|
|Day's Range||31.13 - 32.23|
|52 Week Range||27.58 - 35.68|
|PE Ratio (TTM)||14.60|
|Earnings Date||Aug 23, 2018|
|Forward Dividend & Yield||0.97 (3.10%)|
|1y Target Est||33.11|
Gap Inc. today announced its board of directors authorized a third quarter fiscal year 2018 dividend of $0.2425 per share, payable on or after October 31, 2018 to shareholders of record at the close of business on October 10, 2018.
Gap's (GPS) initiatives to enhance product quality along with robust e-commerce and omni-channel capabilities are likely to boost second-quarter fiscal 2018 results.
Most retailers’ shares were pushed into the red on August 15 despite an upbeat retail sales report from the National Retail Federation.
Investor David Einhorn has gathered up a bundle of retail stocks, reflecting many investors' move out of high-valuation sectors into cheaper ones. Einhorn's Greenlight Capital sold tech stocks in Q2 in exchange for retail stocks such as Gap Inc. ( GPS), Best Buy Co. ( BBY), Dollar General Corp. ( DG), Dollar Tree Inc. ( DLTR) and The TJX Companies ( TJX), according to a recent filing and as reported by Barron's.
SHANGHAI/TAIPEI, Aug 16 (Reuters) - Chinese food delivery platforms Meituan-Dianping and Ele.me have taken down listings for Taiwan's 85 Degrees Celsius Bakery Cafe, checks on their apps showed, amid boycott calls from social media users who said the chain supported Taiwan independence. The move by the Chinese companies comes after 85 Degrees, which has 628 stores in mainland China, was hit by calls for a boycott on Chinese social media after Taiwan President Tsai Ing-wen was photographed on Sunday visiting one of its Los Angeles stores during her visit to the United States.
David Einhorn was once considered one of the best stock pickers on Wall Street, and his fund, Greenlight Capital, was the cream of the crop in the hedge fund world. Year-to-date, Greenlight Capital is down 18%. Now, Einhorn and company are apparently looking in the retail sector for winners to help boost the fund’s performance.
Gap Inc. is increasing its efforts to recruit lower-income workers, part of a push to improve diversity among the retailer’s staff. It expects this group, referred to as “Opportunity Youth,” to make up at least 5 percent of all its entry-level employees by 2025. A national partnership with Boys & Girls Club of America will help the chain connect young adults with positions at Gap-owned stores.
MARKET PULSE Gap Inc. (gps) said Wednesday that it is expanding its on-the-job training program This Way Ahead to 53 cities around the world from 15 cities in 2017. The program, which launched in 2007, is for 16-to-24 year olds in low-income communities.
New Partnership with Boys & Girls Clubs of America to Launch in 22 Cities
Gap Inc. will report its second quarter 2018 earnings results by press release on August 23, 2018 at 1:15 p.m. Pacific Time.
Wedbush analysts reviewed retailers including The Gap, Inc. (NYSE: GPS ), Nordstrom, Inc. (NYSE: JWN ) , L Brands, Inc. (NYSE: LB ) and Kohl’s Corporation (NYSE: KSS ). The Analyst Analyst Jen Redding ...
Wedbush initiated coverage on several retailers this week, but doesn't think any are a good buy at the moment. Where we were: Retail stocks have bounced back this year, as investors let go of the fear that all physical stores will succumb to e-commerce. Where we're headed: With strong runs already under their belts, Wedbush is less inclined to jump in at the moment.
The earnings season is past its pinnacle with results from more than 380 S&P 500 members on board. Per the latest Earnings Preview report, total earnings for the S&P 500 index is expected to rise 23.9% in second-quarter 2018, with 14 of the 16 Zacks sectors likely to register double-digit earnings growth.
The company managed a firm second-quarter showing despite atypically tepid growth in airports serving Mexican tourist destinations.
Urban Outfitters (NASDAQ:URBN) stock now trades near record highs. Between the fact that the stock has moved close to fair value and the nature of the industry in which URBN operates, investors should hold off at these levels. Since its founding in 1970, it has managed to open over 400 stores across three continents under the Urban Outfitters name alone.
Between see-through yoga pants and a toxic work culture, Lululemon (NASDAQ:LULU) has faced its fair share of controversy since going public over a decade ago. Well, Lululemon has beaten Wall Street’s earnings expectations in each of the last four quarters. Despite the strong momentum Lululemon stock has posted–or perhaps more accurately, because of that momentum–I believe the stock has gotten ahead of itself.
NEW YORK, July 26, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The ...
On Wednesday, July 25, 2018, US markets saw broad based gains with all sectors finishing the trading sessions in green. All you have to do is sign up today for this free limited time offer by clicking the link below.
As name-brand retailers like Gap (NYSE: GPS) and Macy’s have closed hundreds of stores in recent years, online retailer ThredUp is heading in the opposite direction. Next week, the secondhand clothing startup will kick off its first-ever mall location in Pleasanton following two recent store openings in Los Gatos and Burlingame. More California locations will likely be on the way before the end of 2018, said Heather Craig, head of retail.
If you did any amount of discretionary shopping in recent years, chances are, you did it through Amazon (NASDAQ:AMZN). The e-commerce giant has single-handedly sparked a paradigm shift in the consumer market, in turn, it has sunk multiple retail stocks. Of that slice of the big pie, Amazon took home 43% market share.
High-flying Lululemon Athletica Inc.’s ( LULU) hunt for a new CEO is finally over. In a press release, the yoga apparel brand announced that Calvin McDonald, a former top executive at makeup chain Sephora, will take charge of the company from Aug. 20. McDonald, who also previously served as president and CEO of Sears Canada for two years, is set to replace Laurent Potdevin, whose four year stint at Lululemon abruptly came to an end in February after he was charged with improper conduct and accused of being in a relationship with a female subordinate.