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-0.0336374002280502 -0.0484606613454959 -0.0307867730900798 0.0119726339794755 0.0142531356898518 -0.00114025085518812 -0.00228050171037623 -0.00228050171037623
Stock impact report

Gap Inc. Reports Second Quarter Results

Gap, Inc. (The) (GPS) 
Last gap, inc. (the) earnings: 3/12 04:15 pm Check Earnings Report
Company Research Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Gap Inc. (NYSE: GPS) today reported diluted earnings per share of $0.44 on a reported basis, and $0.63 on an adjusted basis, excluding costs associated with the company’s planned separation, tax impacts related to new guidance regarding the Tax Cuts and Jobs Act of 2017, and costs related to the previously announced specialty fleet restructuring. Please see the reconciliation of adjusted diluted earnings per share, a non-GAAP financial measure, from the GAAP financial measure in the table at the end of this press release.“We are operating in a challenging environment, but I remain confident in the strength of our brands and our plans for the future as we work to launch two independent, public companies,” said Art Peck, president and chief executive officer, Gap Inc. “Heading into the second half of the year, we remain highly focused on inventory and expense discipline to improve results, as well as delivering exceptional product supported by powerfu Show less Read more
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