Gap(GPS)
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Gap (GPS) Stock Rallies 76% in Six Months: What's Ahead?
Zacks Investment Research· 2024-05-10 17:21
The Gap, Inc. (GPS) has demonstrated remarkable strength driven by its four strategic priorities. Through this plan, the company has been emphasizing maintaining financial stability and operational efficiency, strengthening its brand to stay competitive, enhancing its platform for better results and finally fostering an organizational culture.Headquartered in San Francisco, this Zacks Rank #1 (Strong Buy) stock has rallied 76.1% in the past six months compared with the industry’s growth of 27.8%.Gap has eme ...
Why Gap (GPS) is Poised to Beat Earnings Estimates Again
Zacks Investment Research· 2024-05-08 17:11
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Gap (GPS) . This company, which is in the Zacks Retail - Apparel and Shoes industry, shows potential for another earnings beat.This clothing chain has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 170 ...
Gap (GPS) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-05-07 22:50
In the latest trading session, Gap (GPS) closed at $22.11, marking a -0.45% move from the previous day. This move lagged the S&P 500's daily gain of 0.13%. Elsewhere, the Dow gained 0.08%, while the tech-heavy Nasdaq lost 0.1%.Shares of the clothing chain have depreciated by 5.41% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 0.98% and the S&P 500's loss of 0.35%.The investment community will be paying close attention to the earnings performance of Gap in its upcom ...
Gap Stock Upgraded on Demand, Consumer Trends
Schaeffers Research· 2024-05-07 13:42
Gap Inc (NYSE:GPS) stock is up 3.6% to trade at $23.02 this morning, after Citigroup issued an upgrade to "buy" from "neutral," and raised its price objective to $28 from $21. The brokerage firm noted the apparel retailer could beat earnings estimates for the first quarter amid steady consumer demand, as well as consumer trends that favor denim. Gap stock scored a three-year high of $28.59 on March 21. The shares have suffered a 19.4% drawdown this quarter though, and recently had consolidated around $20 in ...
Gap Inc. to Report First Quarter Fiscal 2024 Results on May 30
PRNewsWire· 2024-05-01 20:15
SAN FRANCISCO, May 1, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GPS) will report its first quarter fiscal 2024 financial results by press release on May 30, 2024, at approximately 1:15 p.m. Pacific Time.In addition, the company will host a conference call to review its first quarter fiscal 2024 results on Thursday, May 30, 2024, beginning at approximately 2:00 p.m. Pacific Time.A live webcast of the conference call will be available online at investors.gapinc.com. A replay of the webcast will be available at th ...
Gap Inc. Releases 2023 ESG Report, Sharing Progress on Sustainability and Inclusion
Prnewswire· 2024-04-30 16:00
SAN FRANCISCO, April 30, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GPS) released its 2023 Environmental, Social and Governance (ESG) Report today, marking the company's twentieth year of sustainability reporting and nearly three decades of sustainability programming. The report reflects the company's progress in FY2023 toward building a more sustainable, resilient, and inclusive business as a house of iconic brands, including Old Navy, Gap, Banana Republic and Athleta. It outlines how the company is accelerating ...
Gap (GPS) Stock Falls Amid Market Uptick: What Investors Need to Know
Zacks Investment Research· 2024-04-29 22:50
Gap (GPS) closed at $21.25 in the latest trading session, marking a -0.47% move from the prior day. This move lagged the S&P 500's daily gain of 0.32%. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq gained 0.35%.Shares of the clothing chain witnessed a loss of 22.51% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 1.39% and the S&P 500's loss of 2%.Analysts and investors alike will be keeping a close eye on the performance of Gap in its upc ...
Here's Why Gap (GPS) Gained But Lagged the Market Today
Zacks Investment Research· 2024-04-23 22:51
Gap (GPS) closed at $20.91 in the latest trading session, marking a +0.75% move from the prior day. The stock lagged the S&P 500's daily gain of 1.2%. On the other hand, the Dow registered a gain of 0.69%, and the technology-centric Nasdaq increased by 1.59%.The clothing chain's shares have seen a decrease of 25.65% over the last month, not keeping up with the Retail-Wholesale sector's loss of 3.47% and the S&P 500's loss of 4.16%.Market participants will be closely following the financial results of Gap in ...
The Gap, Inc. (GPS) Is a Trending Stock: Facts to Know Before Betting on It
Zacks Investment Research· 2024-04-22 14:05
Gap (GPS) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this clothing chain have returned -26.1% over the past month versus the Zacks S&P 500 composite's -4% change. The Zacks Retail - Apparel and Shoes industry, to which Gap belongs, has lost 8.9% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors abou ...
Gap Stock Almost Flat This Year, What's Next?
Forbes· 2024-04-22 11:00
SHANGHAI, CHINA - APRIL 11, 2024 - Citizens pass a newly opened GAP store at Nanjing Road Pedestrian ... [+] Street in Shanghai, China, April 11, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images)Future Publishing via Getty ImagesNote: Gap’s GPS FY’23 ended on February 3, 2024. After almost staying flat year-to-date, at the current price of around $21 per share, we believe Gap Inc. stock (NYSE: GPS), a specialty retailer selling casual apparel, accessories, and personal care products ...