|Bid||24.66 x 1800|
|Ask||28.90 x 1100|
|Day's Range||27.30 - 27.92|
|52 Week Range||25.36 - 35.68|
|PE Ratio (TTM)||12.19|
|Earnings Date||Nov 14, 2018 - Nov 19, 2018|
|Forward Dividend & Yield||0.97 (3.44%)|
|1y Target Est||32.95|
It’s hard not to think of (LULU) Athletica (ticker: LULU), shares of which have posted a near-doubling in 2018. Much of that is based on optimism about the men’s business, recently more than a fifth of its total revenue. “Hill City is our response to consistent feedback from customers looking for a premium men’s product that combines highly technical fabrications, performance and style,” Gap CEO Art Peck said in a press release.
Gap (NYSE:GPS) is rolling out Hill City, which is a new line of athleisure wear for men, similar to its Athleta brand for women. Hill City will first be available only as an online store. The brand will be managed by Noah Palmer and it will offer more higher-end men’s athleisure wear as Gap currently only sells more affordable options such as running shorts, hoodies and T-shirts through its Gap and Old Navy brands.
As its namesake brand continues to struggle, Gap Inc. is trying a new tactic: building a new brand from scratch. The apparel giant announced Thursday that it will soon debut a concept called Hill City, a men’s active-wear line that is something of a companion concept to the company’s fast-growing women’s chain, Athleta. Hill City will launch as an e-commerce brand, selling clothes made of technical fabrics that are meant for workouts and everyday dressing.
The Gap is stepping in to the men's athleisure wear game, which has exploded in recent years. Gap's Hill City brand will roll out in mid-October at hillcity.com and will be on display at 50 of the clothing chain's Athleta stores, which sell technical, athletic clothing for women. The Gap Inc. is struggling with weak sales and follows others in recognizing a sustained demand for work-to-yoga studio clothing.
Gap Inc. said Thursday that it is launching Hill City, a men's apparel brand of "technical clothing." The Hill City site currently has a countdown clock with a video loop showing men running, biking, working out at the gym and shopping. The athleisure brand will launch mid-October on that Hill City site, and certain pieces will be available at Gap's Athleta brand shops. Many Hill City garments will incorporate recycled and renewable fibers. Gap shares have fallen 20.1% in 2018 so far while the S&P 500 index has gained 8.8% for the period.
The retailer, which also owns Banana Republic and Old Navy, is launching its premium activewear brand called Hill City in mid-October.
Gap Inc. doesn’t want to raise the price of your sweaters. While most of the apparel company’s products are from Vietnam, about 22 percent still come from China -- even after moves to scale back operations there. “We are watching it very, very carefully, as you can imagine,” Chief Executive Officer Art Peck said in an interview, noting that the duties on imports have yet to affect the company’s prices.
Hill City redefines men’s performance with versatile, high-performance active apparel for workout, work, and beyond
Gap Inc. said Monday that it will hire 65,000 seasonal associates across its Gap, Banana Republic, Old Navy and Athleta brands for the 2018 holiday season. Workers will work in stores, in call centers, and in distribution centers. Gap didn't specify its seasonal hiring numbers last year. The company will host a hiring event on October 6 in the U.S. and on October 13 in Canada, though Athleta and the Phoenix distribution center will only accept applications online. Target Corp. and Macy's Inc. are among the other retailers who have announced their seasonal hiring plans. Gap shares have fallen 19% in 2018 while the S&P 500 index has rallied 8.4% for the period.
Dirty Lemon's first store opens this week. Dirty Lemon, a beverage brand that was born online and developed a cult-like following via millennials' Instagram posts, is opening its first store this week. Moving somewhat in reverse, Dirty Lemon is opening its first bricks-and-mortar location as many brands are trimming back their physical footprints.
Does the share price for The Gap Inc (NYSE:GPS) reflect it’s really worth? Today, I will calculate the stock’s intrinsic value by taking the expected future cash flows and discountingRead More...
Gap (GPS) is well on track with its growth strategy along with omni-channel efforts. Further, the company's initiatives to revive the flagship brand bode well.
NEW YORK, Aug. 31, 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 Kronos ...
As of August 29, 2018, of the 18 analysts covering American Eagle Outfitters (AEO) stock, 56.0% have recommended a “hold” rating. Another 39.0% recommended a “buy” rating, and the remaining 5.0% rated it a “sell.”
American Eagle Outfitters (AEO) posted adjusted EPS (earnings per share) of $0.34 in the second quarter of 2018, which was better than the analyst estimate of $0.31 and the $0.19 the company reported in the second quarter of fiscal 2017. Higher revenue cushioned the bottom line despite rising expenses.
Just prior to its second-quarter earnings report, American Eagle stock had gained nearly 46% against its January opener. On the positive side of things, we have Abercrombie & Fitch (NYSE:ANF). ANF is up 51% for the year, a substantial lead over American Eagle stock.
Whether that’s Macy’s (NYSE:M), Walmart (NYSE:WMT) or Target (NYSE:TGT), the retail sector has been strong this earnings season. Unfortunately for Gap stock though, shares tumbled more than 8.5% on Friday after the company released its second-quarter results. Will Gap remain a go-to name among shoppers and investors alike?
Sep.20 -- Art Peck, Gap Inc.'s chief executive officer, discusses the company's brand portfolio and online business with Bloomberg's Emily Chang on "Bloomberg Technology."