Your email has been successfully added to our mailing list.

×
-0.00039999999999992 -0.000600000000000023 -0.0047999999999999 -0.00581999999999994 -0.00432000000000002 0.00160000000000011 0.00359999999999999 0.00700000000000003
Stock impact report

Gap CEO says the company is 'winning' across all income cohorts despite macro pressure [Yahoo! Finance Canada]

Gap, Inc. (The) (GAP) 
US:NYSE Investor Relations: greatatlanticinc.com
"We're winning with all income cohorts," Gap CEO Richard Dickson told Yahoo Finance's Market Catalysts . "We see equal growth across low, middle, and high [income shoppers]." The company's two biggest brands, Old Navy and Gap, are showing consistent strength, posting consecutive quarters of positive comparable sales — a sign its turnaround strategy may be sticking. Gap stock rose over 9% in Friday trading following Dickson's comments. It's up 6% year to date, underperforming the S&P 500's ( ^GSPC ) 13% gain. The Gap, Inc. (GAP) Dickson described the company's latest quarterly performance as a "playbook" that's working. Revenue hit $3.94 billion, up 3% year over year, beating analysts' estimates of $3.91 billion, per Bloomberg. Adjusted earnings per share reached $0.62, down nearly 14% from a year ago but surpassing the expected $0.59 from Wall Street. Net sales rose 3% from last year, while same-store sales increased 5% — marking the seventh consecutive quarter of positive Show less Read more
Impact Snapshot
Event Time:
GAP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
GAP alerts

from News Quantified
Opt-in for
GAP alerts

from News Quantified