Previous Close | 29.91 |
Open | 29.91 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 29.72 - 30.42 |
52 Week Range | 28.81 - 30.42 |
Volume | 4,056,071 |
Avg. Volume | 4,613,900 |
Market Cap | N/A |
Beta | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | May 24, 2018 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
“We’re excited to grow Old Navy’s presence in the New York City area,” said Old Navy spokeswoman Julie Van Vliet.
The company will open about 60 new Old Navy stores by the end of 2018.
Gap Inc. ( GPS) is turning to its best-performing brand, Old Navy, to keep its brick-and-mortar operations afloat. The apparel retailer said it will add 60 more Old Navy locations in the U.S. as it aims to bring the total to 1,000. Its also remodeling about 150 existing Old Navy stores this year with new fitting rooms, checkout areas and bathrooms.
Gap Inc. announced plans to open 60 new Old Navy stores in 2018. The company also plans to remodel about 150 existing stores, including upgrades to bathrooms, fitting rooms and checkout areas. Ten percent of these stores will undergo a full remodel, including three locations that were hit by Hurricanes Harvey and Maria.
Gap will open 60 more Old Navy stores across the U.S. in 2018. The apparel retailer is making a bigger investment in Old Navy, along with Athleta, as it shutters some of its Gap and Banana Republic locations. Gap is making a big bet on Old Navy.
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Gap (GPS) shows immense strength in a tough market situation, backed by a focus on enhancing product quality and the responsiveness to changing consumer trends.
The San Francisco-based retailer acquired the bridal shopping startup in late 2016 for an undisclosed sum.
Of the 15 analysts covering Abercrombie & Fitch (ANF) on April 11, 2018, 47% recommended “hold,” 20% recommended “buy,” and 33% recommended “sell.” There have been no price revisions in the last 30 days. Analysts’ 12-month average target price for Abercrombie & Fitch stock is $22, suggesting a 21.7% downside based on its April 11 price.
As of April 11, 2018, apparel retailer Abercrombie & Fitch (ANF) had a 12-month forward PE (price-to-earnings) ratio of ~36.0x, much higher than peers’ and the S&P 500’s. American Eagle Outfitters (AEO), Urban Outfitters (URBN), and Gap (GPS) had ratios of 14.8x, 17.0x, and 11.6x, respectively, while the S&P 500’s ratio was 16.9x.
Apparel retailers’ margins remain troubled due to a highly promotional environment. Let’s study apparel retailers’ performance last year.
Aerie, Hollister, and Athleta are all outperforming for otherwise struggling retailers.
Analysts expect Abercrombie & Fitch’s (ANF), American Eagle Outfitters’ (AEO), Urban Outfitters’ (URBN), and Gap’s (GPS) adjusted EPS (earnings per share) to benefit from the tax reform enacted in 2017. However, the retailers may have weak margins. Analysts expect the following: Abercrombie & Fitch’s adjusted EPS to grow 21.5% to $0.79 in fiscal 2018 American Eagle Outfitters’ adjusted EPS to grow 24.1% to $1.44 in fiscal 2018 Urban Outfitters’ adjusted EPS to grow 44.6% to $2.27 in fiscal 2019 Gap’s adjusted EPS to grow 23.5% to $2.63 in fiscal 2018
Analysts have turned bullish on apparel retailers, with investments in digital sales channels and merchandise overhauls now paying off. Analysts expect Abercrombie & Fitch (ANF) to report 1.8% sales growth to $3.6 billion in fiscal 2018. The company has guided for low-single-digit net sales growth. However, with one fewer week in 2018 than in 2017, its top line could be impacted. Nonetheless, in fiscal 2018, foreign exchange is expected to add $50 million to Abercrombie’s sales, and the company expects to spend $45 million on the development of omnichannel capabilities and loyalty ...
Abercrombie & Fitch’s (ANF), American Eagle Outfitters’ (AEO), and Urban Outfitters’ (URBN) stocks have risen, with the companies’ strategic initiatives gaining traction. Their strategies include focusing on digital sales, revamping merchandise, and improving operational efficiency.
Another major apparel retailer is giving up on a potentially lucrative but challenging clothing category: bridal wear.
Stock Monitor: Cato Post Earnings Reporting LONDON, UK / ACCESSWIRE / April 12, 2018 / Active-Investors.com has just released a free earnings report on The Gap, Inc. (NYSE: GPS ) ("Gap"). If ...
Art Peck, president and CEO of Gap Inc., tells Jim Cramer his company's success is based on its brand portfolio.
Jim Cramer sits down with The Gap Inc. President and CEO Art Peck after earnings for a glimpse at Gap's role in apparel retail.
The Trump administration's trade dispute with Beijing could slam U.S. retailers if tariffs are implemented and lead to higher prices or a shortage of merchandise. President Donald Trump late on Thursday said he was considering penalties on $100 billion in Chinese goods, without specifying which goods he would target. Trump's first round of $50 billion in tariffs mostly targeted industrial goods and electronic components.
Increasing share volumes and institutional accumulation suggest a positive outlook for shares of the clothing retailer.
Jim Cramer finds out how companies from retail to cybersecurity are staying one step ahead of the changing consumer.
Jim Cramer sits down with The Gap Inc. President and CEO Art Peck after earnings for a glimpse at Gap's role in apparel retail.
Jim Cramer sits down with The Gap Inc. President and CEO Art Peck after earnings for a glimpse at Gap's role in apparel retail.