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Gap (GAP) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-05-29 23:31
For the quarter ended April 2025, Gap (GAP) reported revenue of $3.46 billion, up 2.2% over the same period last year. EPS came in at $0.51, compared to $0.41 in the year-ago quarter.The reported revenue represents a surprise of +1.33% over the Zacks Consensus Estimate of $3.42 billion. With the consensus EPS estimate being $0.44, the EPS surprise was +15.91%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations t ...
The Gap, Inc. (GAP) Q1 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-05-29 22:31
The Gap, Inc. (NYSE:GAP) Q1 2025 - Earnings Conference Call May 29, 2025 5:00 PM ET Company Participants Whitney Notaro - Head of IR Richard Dickson - President and CEO Katrina O'Connell - CFO Conference Call Participants Alex Straton - Morgan Stanley Adrienne Yih - Barclays Matthew Boss - JPMorgan Lorraine Hutchinson - Bank of America Dana Telsey - Telsey Group Paul Lejuez - Citigroup Ike Boruchow - Wells Fargo Simeon Siegel - BMO Capital Markets Operator Good afternoon, ladies and gentlemen. I would like ...
Gap (GAP) Q1 Earnings and Revenues Surpass Estimates
ZACKS· 2025-05-29 22:26
Gap (GAP) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.91%. A quarter ago, it was expected that this clothing chain would post earnings of $0.36 per share when it actually produced earnings of $0.54, delivering a surprise of 50%.Over the last four quarters, the company has surpa ...
Gap stock sinks after-hours as weak outlook overshadows strong Q1
Proactiveinvestors NA· 2025-05-29 20:37
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Gap(GPS) - 2026 Q1 - Quarterly Results
2025-05-29 20:16
Exhibit 99.1 Gap Inc. Reports First Quarter Fiscal 2025 Results Net sales increased 2% versus last year with comparable sales up 2% 9th consecutive quarter of market share gains • Net sales of $3.5 billion were up 2% compared to last year. Comparable sales were up 2% year-over-year. • Store sales were flat compared to last year. The company ended the quarter with about 3,500 store locations in over 35 countries, of which 2,496 were company operated. • Online sales increased 6% compared to last year and repr ...
Gap says tariffs will cost hundreds of millions but doesn't expect 'meaningful' price increases
CNBC· 2025-05-29 20:16
Gap is expecting new tariffs would impact its business by hundreds of millions of dollars, if they remain in effect, the company said Thursday when announcing fiscal first-quarter earnings. Shares fell more than 15% in after-hours trading.In a news release, Gap said new 30% duties on imports from China and a 10% levy on imports from most other countries will cost the company between $250 million to $300 million but, for now, it's leaving that impact out of its guidance. The company said it's planning to mit ...
Gap Inc. Reports First Quarter Fiscal 2025 Results
Prnewswire· 2025-05-29 20:15
Net sales increased 2% versus last year with comparable sales up 2%9th consecutive quarter of market share gainsOperating margin of 7.5% improved 140 basis points versus last year   Cash, cash equivalents and short-term investments of $2.2 billion up 28% versus last yearSAN FRANCISCO, May 29, 2025 /PRNewswire/ -- Gap Inc. (NYSE: GAP), the largest specialty apparel company in the U.S. with a portfolio of brands including Old Navy, Gap, Banana Republic, and Athleta, today reported financial results for its fi ...
California's Insurance Gap: What Homeowners Need to Know
Prnewswire· 2025-05-29 16:00
Thousands of California Homeowners Are UnderinsuredLOS ANGELES, May 29, 2025 /PRNewswire/ -- The devastation caused by January's Pacific Palisades and Altadena wildfires served as powerful reminders of how crucial it is for homeowners to have adequate insurance coverage. In addition to the emotional toll of losing a home, the financial burden can be overwhelming — particularly for those who discover their coverage falls short.According to a recent report in the San Francisco Chronicle, a significant number ...
Will Q1 Results Move Gap Stock Up?
Forbes· 2025-05-28 12:35
Group 1 - Gap Inc. is expected to announce fiscal first-quarter earnings on May 29, 2025, with forecasts of 45 cents per share and $3.42 billion in revenue, indicating a 7% year-over-year rise in earnings and a 1% increase in sales compared to the previous year [1] - Historically, Gap stock has risen 74% of the time after earnings announcements, with a median one-day gain of 7.6% and a maximum noted increase of 31% [1][6] - For fiscal year 2025, Gap anticipates sales growth of 1% to 2% and an operating income increase of around 8% to 10%, driven by strategic investments in brand development and supply chain enhancements [2] Group 2 - The company has a market capitalization of $11 billion, with revenue for the past twelve months at $15 billion, achieving an operating profit of $1.1 billion and a net income of $844 million [2] - Investors are encouraged to monitor Gap's efforts to rejuvenate the Athleta brand and optimize both digital and brick-and-mortar retail strategies [2] - Historical data shows that positive one-day returns occurred approximately 74% of the time over the past five years, increasing to 82% over the last three years [6]
Cautious Optimism in Gap's Pre-Q1 Earnings: Buy or Hold for Now?
ZACKS· 2025-05-26 15:50
Core Viewpoint - The Gap, Inc. is anticipated to report growth in both revenue and earnings for the first quarter of fiscal 2025, with revenues expected to reach $3.4 billion, reflecting a 0.9% increase year-over-year, and earnings estimated at 44 cents per share, indicating a 7.3% rise from the previous year [1][2]. Revenue and Earnings Expectations - The Zacks Consensus Estimate for first-quarter revenues is $3.4 billion, marking a 0.9% increase from the same quarter last year [1]. - The earnings estimate for the first quarter is 44 cents per share, which is a 7.3% increase compared to the prior year [2]. Performance Trends - The company has shown a positive trend in earnings surprises over the last four quarters, with an average surprise of 77.5% [2]. - The last reported quarter saw earnings exceed the Zacks Consensus Estimate by 50% [2]. Strategic Initiatives - Gap is focusing on enhancing its merchandise assortment, improving customer relations through marketing, and advancing its digital commerce strategy [4]. - The company aims to achieve $150 million in cost savings for fiscal 2025, which will be partially reinvested in growth initiatives [8]. Market Position and Brand Performance - Gap's diverse brand portfolio, including Old Navy, Banana Republic, and Athleta, positions it well in the apparel industry [5]. - The company expects sales growth to be driven primarily by the Old Navy and Gap brands, with Banana Republic stabilizing and Athleta recovering [6]. Supply Chain and Cost Management - Gap has improved supply-chain efficiency and diversified sourcing to mitigate tariff impacts, with less than 10% of products sourced from China [9]. - The gross margin is expected to rise slightly from 41.2% in the prior year, with adjusted operating margins projected to increase by 30 basis points to 6.4% [10][11]. Stock Performance and Valuation - Over the past year, Gap's shares have increased by 35.7%, outperforming the industry and the S&P 500 [12]. - The stock is currently trading at a forward price-to-earnings ratio of 12.01X, below the industry average of 17.68X, indicating attractive valuation [18]. Long-term Growth Outlook - The company is positioned for long-term growth through strategic marketing, digital initiatives, and operational efficiency [21]. - Despite macroeconomic challenges, Gap's disciplined cost management and brand diversification are expected to yield positive results [22].