Editor's note: Seeking Alpha is proud to welcome Bulldog Research as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » PM Images Background The Gap, Inc. (“GAP” or “the Company”) (NYSE:GAP) is a collection of lifestyle brands offering apparel, accessories, and personal care products for women, men, and children under the ...

As the retail sector faces a complex mix of opportunities and challenges, Gap and Lululemon are charting distinct courses in their recent earnings reports. While Gap focuses on revitalizing its core brands during ongoing operational hurdles, Lululemon is capitalizing on international growth and stellar performance in athleisure.Gap’s Brand RefreshUnder CEO Richard Dickson, Gap has shown resilience in its efforts to rejuvenate its brand portfolio. The company reported a 5% increase in second-quarter net sale ...

For the quarterly period ended August 3, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or 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 transition period from to Commission File Number 1-7562 THE GAP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organiz ...

The Gap, Inc. (NYSE:GAP) Q2 2024 Earnings Conference Call August 29, 2024 5:00 PM ET Company Participants Whitney Notaro - Director, IR Richard Dickson - CEO Katrina O'Connell - CFO Conference Call Participants Robert Drbul - Guggenheim Alex Straton - Morgan Stanley Matthew Boss - JPMorgan Ike Boruchow - Wells Fargo Lorraine Hutchinson - Bank of America Adrienne Yih - Barclays Mark Altschwager - Baird Jonna Kim - TD Cowen Dana Telsey - Telsey Advisory Group Operator Good afternoon, ladies and gentlemen, I w ...

Key TakeawaysGap posted second-quarter earnings and revenue above analysts' estimates on higher sales at its Old Navy and Gap stores.The clothing retailer also boosted its outlook for gross margin and operating income.Shares of Gap finished higher Thursday after an early release led to a trading halt.  Gap (GAP) posted better-than-expected results for the second quarter and boosted its guidance on higher sales at its Gap and Old Navy stores. The company reported second-quarter diluted earnings per share (EP ...

Gap (GAP) reported $3.72 billion in revenue for the quarter ended July 2024, representing a year-over-year increase of 4.9%. EPS of $0.54 for the same period compares to $0.34 a year ago.The reported revenue represents a surprise of +2.93% over the Zacks Consensus Estimate of $3.61 billion. With the consensus EPS estimate being $0.39, the EPS surprise was +38.46%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectatio ...

Gap (GAP) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 38.46%. A quarter ago, it was expected that this clothing chain would post earnings of $0.14 per share when it actually produced earnings of $0.41, delivering a surprise of 192.86%.Over the last four quarters, the company has s ...

Gap Inc. Reports Second Quarter Fiscal 2024 Results, Provides Updated Full Year Outlook Net sales increased 5% versus last year with market share gains for the 6 consecutive quarter Comparable sales were up 3% driven by strength at Old Navy and Gap th Operating margin of 7.9% improved 490 basis points versus last year Increases outlook for fiscal 2024 gross margin and operating income growth SAN FRANCISCO – August 29, 2024 – Gap Inc. (NYSE: GAP), the largest specialty apparel company in the U.S. and a house ...

Net sales increased 5% versus last year with market share gains for the 6th consecutive quarterComparable sales were up 3% driven by strength at Old Navy and GapOperating margin of 7.9% improved 490 basis points versus last yearIncreases outlook for fiscal 2024 gross margin and operating income growth SAN FRANCISCO, Aug. 29, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GAP), the largest specialty apparel company in the U.S. and a house of iconic brands including Old Navy, Gap, Banana Republic, and Athleta, today re ...

Gap shares were halted Thursday morning after its quarterly earnings results were apparently released early.The apparel retailer is set to post second-quarter earnings after the closing bell Thursday. But Bloomberg reported that a presentation showing the results briefly appeared on Gap's website in the morning.The earnings no longer appeared to be posted on Gap's site when the stock was halted just before 10 a.m. ET. Shares were down nearly 1% before the trading pause.Gap did not immediately respond to a r ...