Link to download SoHo flagship images hereSAN FRANCISCO, June 3, 2024 /PRNewswire/ -- Banana Republic, a Gap Inc. brand (NYSE: GPS), unveiled its revitalized New York City flagship store. Located in the heart of the SoHo Cast Iron Historic District, at 552 Broadway, between Prince and Spring Streets, the space has been redesigned in collaboration with renowned architect and interior designer Noa Santos, of NAINOA, and creative advisor Jacqueline Schnabel as a premium expression of Banana Republic. Banana ...

L (Photo by Tim Boyle/Getty Images)Getty Imagesast Thursday was a tough day for analysts. During the day, several companies reported their recent quarterly results, and there was a lot to absorb. Every company we surveyed discussed the fact that inflation affected sales, and that customers were very selective in order to save money. However, technological advances which are expected to be released this fall gave retailers confidence of a strong fall season.I actually tried to listen to the Gap meeting, but ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☑ EXCHANGE ACT OF 1934 For the quarterly period ended May 4, 2024 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☐ EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-7562 THE GAP, INC. (Exact name of registrant as specified in its charter) Delaware 94-1697231 (State or other jurisdiction of (I.R.S. ...

Key TakeawaysGap shares surged more than 23% in late trade Thursday after the clothing and accessories retailer topped analysts' quarterly expectations and raised its full-year outlook.Comparable store sales in the quarter rose 3% from a year earlier, driven by each of Gap’s four brands posting positive same store sales in the period.New CEO Richard Dickson has led an ambitious turnaround plan that has seen the retailer work on improving its operational efficiency and reposition the company’s brands.Gap sha ...

The Gap, Inc. (NYSE:GPS) Q1 2024 Earnings Conference Call May 30, 2024 5:00 PM ET Company Participants Emily Gacka - Director, IR Richard Dickson - CEO Katrina O'Connell - CFO Conference Call Participants Matthew Boss - JPMorgan Robert Drbul - Guggenheim Paul Lejuez - Citigroup Alex Straton - Morgan Stanley Michael Binetti - Evercore Lorraine Hutchinson - Bank of America Ike Boruchow - Wells Fargo Brooke Roach - Goldman Sachs Adrienne Yih - Barclays Jonna Kim - TD Cowen Operator Good afternoon, ladies and g ...

For the quarter ended April 2024, Gap (GPS) reported revenue of $3.39 billion, up 3.4% over the same period last year. EPS came in at $0.41, compared to $0.01 in the year-ago quarter.The reported revenue represents a surprise of +3.30% over the Zacks Consensus Estimate of $3.28 billion. With the consensus EPS estimate being $0.14, the EPS surprise was +192.86%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations ...

Gap (GPS) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 192.86%. A quarter ago, it was expected that this clothing chain would post earnings of $0.20 per share when it actually produced earnings of $0.49, delivering a surprise of 145%.Over the last four quarters, the company has sur ...

Exhibit 99.1 Gap Inc. Reports First Quarter Fiscal 2024 Results, Raises Full Year Guidance Net sales increased 3% versus last year with market share gains for the 5th consecutive quarter Comparable sales were positive at all four brands in the portfolio Operating margin expansion reflects improvement in gross margin and operating expense SAN FRANCISCO – May 30, 2024 – Gap Inc. (NYSE: GPS), the largest specialty apparel company in the U.S. and a house of iconic brands including Old Navy, Gap, Banana Republic ...

A Gap store in New York, US, on Monday, May 27, 2024. Gap Inc. is scheduled to release earnings figures on May 30.Gap posted positive comparable sales at all four of its brands on Thursday, leading the apparel giant to raise its full year guidance as CEO Richard Dickson's turnaround strategy starts to take effect. The retailer behind Gap, Banana Republic, Athleta and Old Navy blew past earnings estimates and beat on revenue, too. Here's how Gap did compared with what Wall Street was anticipating, based on a ...

Net sales increased 3% versus last year with market share gains for the 5th consecutive quarter Comparable sales were positive at all four brands in the portfolioOperating margin expansion reflects improvement in gross margin and operating expenseSAN FRANCISCO, May 30, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GPS), the largest specialty apparel company in the U.S. and a house of iconic brands including Old Navy, Gap, Banana Republic, and Athleta, today reported financial results for its first quarter ended May ...