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Stock impact report

Gap comparable sales surge after viral 'Milkshake' denim ad with Katseye [MSNBC.com]

FactSet Research Systems Inc. (FDS) 
Last factset research systems inc. earnings: 3/26 07:01 am Check Earnings Report
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Company Research Source: MSNBC.com
In this articleShoppers walk past a fashion retail store on Oxford Street on October 30, 2025 in London, United Kingdom.John Keeble | Getty Images News | Getty ImagesApparel retailerGap"Better in Denim"Putting asidepandemic-related spikesIn an interview with CNBC, CEO Richard Dickson said the company hasn't needed to discount as often to sell products, it's winning customers from all income cohorts and it's seeing a "great start" to the holiday shopping season."While external data points to macro pressure, particularly on the low-income consumer, our customers are finding our price value, [and] our styles are breaking through the competitive landscape," said Dickson. "Our product is resonating. So we're very confident as we head into the holiday season."Shares of Gap rose 5% in extended trading Thursday.Here's how the largest specialty apparel company in the U.S. performed during the quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG: per Show less Read more
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