Sandra Stangl Out at Gap Inc.'s Banana Republic [Yahoo! Finance]
Gap, Inc. (The) (GPS)
Last gap, inc. (the) earnings: 3/12 04:15 pm
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Source: Yahoo! Finance
A search for Stangl's successor is underway. More from WWD Omar Nobil on Transforming Design Within Reach From a Retail Store to a Lifestyle Brand Richard Dickson, Gap Inc.'s Million-dollar Man Gap Partners With Palace on Collection In the fourth-quarter of 2023, Banana Reported generated net sales of $567 million, down 2 percent compared to the year before. Comparable sales were down 4 percent. “While the brand has been making progress elevating its aesthetic, re-establishing Banana Republic will take time and there is work to be done to better execute many of the fundamentals,” the company said in a statement when fourth quarter results were reported in March. Banana's full-year net sales of $1.9 billion were down 8 percent versus 2023. Comparable sales were down 7 percent. Earlier this year there was speculation that Banana Republic ‘s home collection was floundering, but a spokesperson at the time told WWD that the plan was to broaden the home collection, while firm
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News
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- Gap (GPS) Stock Rallies 76% in Six Months: What's Ahead? [Yahoo! Finance]Yahoo! Finance
- Simone Biles and Athleta Presents Gold Over America Tour Lights Up 30 U.S. Arenas This FallBusiness Wire
- Gap (GPS) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]Yahoo! Finance
GPS
Earnings
- 3/7/24 - Beat
GPS
Sec Filings
- 5/13/24 - Form 4/A
- 5/10/24 - Form 8-K
- 5/2/24 - Form 4
- GPS's page on the SEC website