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-0.000747104968248023 0.00149420993649618 -0.000186776242061973 0.0031751961150542 0.00933881210310048 0.0113933507657827 0.00504295853567432 0.00616361598804642
Stock impact report

Gap expects tariff mitigation to start paying off next year [Yahoo! Finance]

Gap, Inc. (The) (GAP) 
US:NYSE Investor Relations: greatatlanticinc.com
Company Research Source: Yahoo! Finance
Gap Inc. expects to begin reaping “meaningful benefits” from its tariff mitigation efforts starting in Q2 of its next fiscal year, according to its most recent earnings call The majority of the improvements will result from sourcing and production adjustments as well as targeted price hikes, CFO Katrina O'Connell said on the call, which followed the release of the company's fiscal Q3 results last month. “The back half of 2026 should turn to a tailwind as our actions build, and we lap most of this year's tariff impact,” O'Connell said, while noting the company anticipates effects from the duties to remain stable the next two quarters. Like many other retailers and consumer brands, Gap has been hard at work offsetting the impact of new tariffs introduced by the Trump administration this year. In fiscal Q3, for example, the company increased prices across a few categories as a result of levies, according to O'Connell, including denim. “We look at all the various inputs really wi Show less Read more
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