Gap(GPS)
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Why the Market Dipped But Gap (GPS) Gained Today
Zacks Investment Research· 2024-04-17 22:51
Gap (GPS) closed at $21.20 in the latest trading session, marking a +1.05% move from the prior day. This move outpaced the S&P 500's daily loss of 0.58%. On the other hand, the Dow registered a loss of 0.12%, and the technology-centric Nasdaq decreased by 1.15%.The clothing chain's shares have seen a decrease of 17.4% over the last month, not keeping up with the Retail-Wholesale sector's loss of 1.51% and the S&P 500's loss of 1.09%.Investors will be eagerly watching for the performance of Gap in its upcomi ...
Gap (GPS) Stock Surges 78% in Past Six Months: Here's Why
Zacks Investment Research· 2024-04-16 12:46
The Gap, Inc. (GPS) stock is well-poised to tap the positive trends in the fashion arena, thanks to its robust strategic initiatives, including the Power Plan 2023 Strategy. The company has been gaining from brand strength and solid demand for its products that resonate well with customers. Buoyed by such strengths, shares of this clothing and accessories retailer have soared 78% compared with the industry's 23.6% growth in the past six months. A VGM Score of A further adds strength to this current Zacks Ra ...
Investors Heavily Search The Gap, Inc. (GPS): Here is What You Need to Know
Zacks Investment Research· 2024-04-11 14:06
Gap (GPS) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this clothing chain have returned +0.9% over the past month versus the Zacks S&P 500 composite's +0.8% change. The Zacks Retail - Apparel and Shoes industry, to which Gap belongs, has lost 2.9% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rum ...
Department stores face another squeeze. This time, in store credit card revenue
CNBC· 2024-04-10 14:00
In this articleJWNGPSTGTMKSSA customer uses a credit card to pay for items January 28, 2022 at a retail shop in New York City. Robert Nickelsberg | Getty ImagesDepartment stores like Macy's and Kohl's have long used store-branded credit cards to drive purchases and get a cut of cash. Starting this spring, though, those cards will become less lucrative. Late fees for customers will be capped at $8, down from an industry average of around $32, under a new rule from the Consumer Financial Protection Bureau. Th ...
3 Momentum Anomaly Picks as Sticky Inflation Troubles Markets
Zacks Investment Research· 2024-04-04 12:41
The broader U.S. equity markets mostly trended down over the past few trading days on concerns regarding inflation and its consequence on the Federal Reserve’s pledge for a slew of rate cuts this year. Core Personal Consumption Expenditures (PCE) price index for February was up 0.3% month over month, in line with broad-based expectations. On a year-over-year basis, Core PCE increased 2.8%, which was way above the Fed’s 2% inflation target.This propelled the benchmark 10-year Treasury yields to their highest ...
Are Retail-Wholesale Stocks Lagging The Gap (GPS) This Year?
Zacks Investment Research· 2024-04-03 14:46
For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Gap (GPS) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Gap is one of 215 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #8 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stock ...
Here's Why Gap (GPS) Stock Seems a Promising Bet Right Now
Zacks Investment Research· 2024-04-01 13:41
The Gap, Inc. (GPS) stock is well-poised to tap the positive trends in the fashion arena, thanks to its robust strategic initiatives, including the Power Plan 2023 Strategy. Management is committed to creating a trend-right merchandise assortment, deepening relations with customers via marketing, enhancing the digital commerce agenda and efficiently controlling expenses. The company has been gaining from brand strength and solid demand for its products that resonate well with customers. Buoyed by such stren ...
Retail Stock Delivered Post-Earnings Profit to Bulls
Schaeffers Research· 2024-03-20 18:47
Subscribers to Schaeffer's Weekend Trader Alert doubled their money with our Gap Inc (NYSE: GPS) June 19 call recommendation. Now that this trade has played out, let's dig into how we could tell this would be a winning bet.At the time of our recommendation on Friday, March 10, the retailer was fresh out of the earnings confessional. In response to the results, the stock traded above a confluence of its 20-, 50-, and 80-day moving averages and broke into positive territory for 2024. GPS had also pulled back ...
This Sector Triggers a Powerful 'Buy' Signal
Zacks Investment Research· 2024-03-20 17:21
“It is not the strongest of the species that survives, nor the most intelligent. It is the one that is most adaptable to change.” – Charles DarwinThe financial markets are a dynamic place. Swift and everchanging, they can often seem like a complicated and confusing environment. The great thing about the stock market is that it’s not a one-size-fits-all atmosphere; many different approaches can be successful.One of the ways we can effectively adapt in times of change is by paying attention to signs of sector ...
Gap(GPS) - 2024 Q4 - Annual Report
2024-03-19 18:39
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended February 3, 2024 ☐ 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 of Incorporation) (I.R.S. Employer Ide ...