|Bid||24.33 x 1800|
|Ask||24.33 x 900|
|Day's Range||24.22 - 25.00|
|52 Week Range||15.76 - 37.63|
|Beta (5Y Monthly)||1.68|
|PE Ratio (TTM)||21.19|
|Earnings Date||Nov 22, 2021 - Nov 26, 2021|
|Forward Dividend & Yield||0.36 (1.24%)|
|Ex-Dividend Date||Jul 06, 2021|
|1y Target Est||34.25|
The apparel giant has expanded its order fulfillment centers just in time to meet the uptick in consumer demand we can hope the holiday season will bring about. Like other retailers, Gap has recognized that e-commerce is here to stay, and it recently invested over $100 million to expand its fulfillment centers in Phoenix, Arizona, and Gallatin, Tennessee. In fact, Gap has been using artificial intelligence solutions and robotic technologies in its fulfillment centers in an effort to speed up order processing.
We have narrowed down our search to seven retailers with strong potential for the rest of 2021. These are: FL, GPS, BBY, ULTA, M, KSS and RH.
The move will see the two firms form a joint venture, with 51% owned by Next and 49% by Gap.