Analysts expect the Palo Alto, California-based company to report quarterly earnings at 38 cents per share, down from 49 cents per share in the year-ago period. Gap projects quarterly revenue of $4.07 billion,
Gap’s holiday-quarter profit is head and shoulders above Wall Street expectations and retailer speaks of a “reinvigoration” of its brands.
Along with its namesake brand, Gap owns Old Navy, Banana Republic and Athleta. Gap CEO Richard Dickson described the apparel company's most recent quarter, which impressed Wall Street and indicates the company is maintaining its turnaround.
Gap has been in the midst of a turnaround under CEO Richard Dickson and has blown away Wall Street expectations for four quarters in a row.
Gap has been in the midst of a turnaround under CEO Richard Dickson and has blown away Wall Street expectations for four quarters in a row.
The stock of The Gap (GAP) is up 15% after the clothing retailer announced strong financial results and provided bullish forward guidance that
Stock futures are slightly higher Friday morning ahead of the release of closely watched employment data, as the market looks to cap off a volatile week on a high note.