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Stock impact report

Gap Shares Drop 11% After Q4 Miss as Athleta and Old Navy Lag [Yahoo! Finance]

Gap, Inc. (The) (GAP) 
US:NYSE Investor Relations: greatatlanticinc.com
Company Research Source: Yahoo! Finance
This article first appeared on GuruFocus Gap ( NYSE:GAP ) shares came under pressure Friday after the retailer posted fourth-quarter sales and profit that landed slightly below expectations, reflecting uneven momentum across its brand portfolio. The stock fell as much as 11% during the session, erasing its gains for the year and marking the steepest intraday drop since May, even as parts of the company continued to show operational progress. Warning! GuruFocus has detected 6 Warning Sign with GAP. Is GAP fairly valued? Test your thesis with our free DCF calculator. The results highlighted a split performance inside the business. Old Navy, the company's largest chain, and Athleta both missed comparable-sales estimates, while Gap and Banana Republic delivered results that exceeded expectations. The mixed outcome suggests the broader turnaround underway at the San Francisco-based retailer could still be unfolding unevenly, particularly at Athleta, which has faced pressure in a c Show less Read more
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