Kids' and Baby Apparel
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Gap Shares Jump 8% as Retailer Beats Estimates and Raises Full-Year Sales Outlook
Financial Modeling Prep· 2025-11-21 20:05
Gap Inc. (NYSE:GAP) raised its annual guidance on Thursday after delivering third-quarter results that exceeded analyst expectations, supported by strong comparable sales growth in denim, activewear, and kids’ and baby apparel. Shares climbed 8% intra-day on Friday following the release. The company reported earnings of $0.62 per diluted share, down from $0.72 a year earlier but topping the $0.53 analyst consensus. Revenue increased to $3.94 billion from $3.82 billion last year, surpassing expectations of $ ...