Old Navy

While delivering better-than-anticipated October comps, Gap Inc (NYSE: GPS) announced its Q3 EPS ahead of expectations. “We [...] remain encouraged by signs of underlying sales/margin stabilization, supporting near-term momentum in the stock,” Credit Suisse’s Mark R. Altschwager...

After a rough couple of years, the latest numbers from Gap Inc (NYSE: GPS) suggest the company may be on the brink of a turnaround. According to Jefferies analyst Randal Konik, Gap investors now have more reasons to be bullish than bearish. After meeting with company management, Konik now sees...

Gap Inc (NYSE: GAP) traders saw enough from the company’s September sales numbers to send the stock soaring 14.4 percent in Friday’s session. Deutsche Bank analyst Paul Trussell has also seen enough from Gap to upgrade the stock from Sell to Hold. According to Trussell, the bar will be...

Following the release of the September sales results, Buckingham Research Group reiterated its Neutral rating and $23 price target on the shares of Gap Inc (NYSE: GPS). The firm noted that sales fell 2 percent in September on a 3 percent drop in same-store sales, worse than the 2 percent drop the...

Stifel reiterated its Hold rating on the shares of Gap Inc (NYSE: GPS), as it anticipated continued challenges at its Gap and Banana divisions in the near term. Commenting on Old Navy's fall product as appealing and well assorted, the firm said results at Old Navy were encouraging. Analyst Richard...

Wedbush said in a research note released Friday it believes trends improved modestly versus August due to strength over the Labor Day weekend. Reviewing the September sales data of soft-line retailers, analyst Morry Brown noted that L Brands Inc (NYSE: LB) reported results mostly above the...

Wells Fargo remains bullish on Outperform-rated Lululemon Athletica inc. (NASDAQ: LULU) ahead of its quarterly earnings, and favors Market-Perform-rated Gap Inc (NYSE: GPS) before its August sales results. Both results are expected on September 1. Lululemon The brokerage sees Lululemon's second...

Back-to-school takes on a whole new meaning for retail investors who are concerned with the performances of companies in their portfolio throughout the very busy shopping season. According to analysts at Jefferies, promotional activity they observed at store visits were higher sequentially this...

UBS maintains its Sell rating on Gap Inc (NYSE: GPS), despite the second-quarter beat, on reduced cost cutting opportunity and low same-store sales visibility. Gap reported second-quarter EPS of $0.60, better than the consensus view of $0.59, driven by better-than-expected gross margin and...

Investors are likely to be pleased with the July monthly sales results from Gap Inc (NYSE: GPS), BlueFin’s Rebecca Duval said, which are scheduled to be reported August 8 and should drive the stock higher. Concerns Played Out Following concerns regarding a slowdown at Old Navy in 2015, Duval...

Future NBA Hall of Famer Tim Duncan just gave Gap Inc (NYSE: GPS)'s Old Navy the ultimate free endorsement. The recently retired San Antonio Spur -- considered the best power forward of all time -- was seen in line at Old Navy shopping. Duncan, who earned over $240 million in his NBA career...

Randal J. Konik of Jefferies believes retailers benefited over the Fourth of July weekend from a combination of weather, promotions and healthy traffic. In a research report published Tuesday, Konik offered a deep dive into the retailing sector and included first hand observations. Overall, most...

Although Gap Inc (NYSE: GPS) reported its 1Q EPS in line with expectations, the company withdrew its FY16 EPS guidance. UBS’s Michael Binetti maintains a Sell rating on the company, while lowering the price target from $18 to $16. 1Q And Updates Binetti mentioned that Gap reported its 1Q EPS...

Credit Suisse maintains its Underperform rating on Gap Inc (NYSE: GPS), saying structural challenges continue to offset any product and design enhancement. The retailer, which was expecting the Spring collection to boost the results, reported 7 percent fall in April comps down versus CS expectation...