Old Navy

Apparel retail company Gap Inc (NYSE: GPS) is set to report second-quarter financial results at 1:15 p.m. PT, Thursday, Aug. 24, 2023. Here’s a look at the earnings estimates, what analysts are saying and some of the key items investors should be watching. Earnings Estimates: Analysts...

Gap Inc (NYSE: GPS) reported fourth quarter and full fiscal year results after market close Thursday. Here are the key highlights. What Happened: Gap reported fourth-quarter net sales of $4.53 billion, up 2% year-over-year, which beat the consensus estimate of $4.49 billion, according to...

The COVID-19 pandemic caused disruptions to the back-to-school shopping season in 2020 as parents braced for hybrid and at-home learning. With many schools expecting to resume in-person learning in 2021, the back-to-school shopping season could be a potential boon for retailers....

A leading clothing retailer is teaming up with one of the world’s largest retailers for a new offering of items in the home segment. What Happened: Gap Inc (NYSE: GPS) is set to become the first fashion retailer to partner with Walmart Inc (NYSE: WMT) in the home space. The two retail...

Shares of Gap Inc (NYSE: GPS) look attractive at current levels after underperforming the S&P 500 index by 50% over the past three years, according to JPMorgan. The Gap Analyst: Matthew Boss upgraded Gap's stock from Neutral to Overweight with a price target lifted from $22 to $30...

Sales at Gap Inc’s (NYSE: GPS) Old Navy brand are likely to return to pre-pandemic levels faster than expected, according to BofA Securities. The Gap Analyst: Lorraine Hutchinson upgraded Gap from Underperform to Neutral and raised the price target from $10 to $18. The Gap Thesis:...

Gap Inc. (NYSE: GPS) reported quarterly losses amounting to nearly $1 billion due to store closures forced by the ongoing COVID-19 pandemic. What Happened Gap’s first-quarter results are a reflection of the toll that the coronavirus has extorted on the retailer. While store closures eroded...

Gap Inc. (NYSE: GPS) will furlough 80,000 employees at its stores, which remain closed as the coronavirus pandemic rampages across the United States. What Happened The retailer has had to close 90% of its stores around the world due to the coronavirus pandemic and recognizes that...

Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return for the decade was 250.5%. But there’s no question some big-name stocks did much better than others along the way. Gap’s Difficult Decade One of the...

Online retailers were winners on a good news-bad news Black Friday that saw overall sales up nearly 20% over last year, but sales that came in under some expectations due to a drop-off in traditional brick and mortar shopping. U.S. shoppers spent more than $7 billion on Friday, thanks largely to...

Gap Inc (NYSE: GPS) shares are moving higher one day after reporting a third-quarter earnings beat, despite seeing all three of its main segments deliver negative comps. Wells Fargo With Gap’s third-quarter outlook and CEO departure pre-announced earlier in the month, analyst Ike...

Gap Inc (NYSE: GPS) investors were dealt multiple blows as the company announced the resignation of CEO Art Peck along with a disappointing third-quarter and full-year guidance update. The Analysts MKM Partners Roxanne Meyer maintains a Neutral rating on Gap's stock with a fair value estimate...

Gap Inc (NYSE: GPS) hosted its investor day on Thursday, announcing the ambitious plan to open 800 Old Navy stores despite seeing a downturn in the business. Morgan Stanley: Mind The Gap Morgan Stanley analyst Kimberly Greenberger said the eventual Gap-Old Navy separation details creates key...

Gap Inc (NYSE: GPS) shares are falling after reporting a second-quarter sales miss. Gap CEO Art Peck said the company was facing a difficult competitive environment after all three divisions of the company delivered negative comps. Fixable, But Waiting For Signs Morgan Stanley analyst Kimberly...

Gap Inc (NYSE: GPS) and Express, Inc. (NYSE: EXPR) recently reported first-quarter results, which prompted MKM to lower its fair value estimates for both names. The Analyst MKM Partners' Roxanne Meyer maintains a Neutral rating on Gap with a fair value estimate lowered from $33 to $18. The...