Published 2 months ago

Gap shares pop as company’s holiday earnings blow past estimates, Old Navy returns to growth

Summary by Ground News

Gap’s largest banner Old Navy returned to growth for the first time in more than a year during its holiday quarter as the retailer delivered earnings on Thursday that came in well ahead of Wall Street’s expectations.

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Reuters

Gap reports upbeat quarterly sales on improving demand for Old Navy apparel

2 months ago·United Kingdom

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CNBC

Gap shares pop as company's holiday earnings blow past estimates, Old Navy returns to growth

Sales at Gap's largest banner Old Navy have been down for more than a year but that trend reversed on Thursday when the retailer reported a 6% jump in revenue.

2 months ago·United States

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The Straits Times

Gap's upbeat quarterly results show improving demand for Old Navy apparel

Fourth-quarter comparable sales at the Gap brand rose 4 per cent Read more at straitstimes.com.

2 months ago·Singapore

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Financial Times

Gap Inc. Reports Fourth Quarter and Fiscal 2023 Results; Provides Fiscal 2024 Outlook – Company Announcement

The latest company information, including net asset values, performance, holding & sectors weighting, changes in voting rights, and directors and dealings.

2 months ago·London, United Kingdom

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Barron's

Gap’s Yearly Revenue Falls 5%, but Stock Pops on Earnings Beat

2 months ago·New York, United States

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RTTNews

Gap Inc. Q4 Earnings Summary

Below are the earnings highlights for Gap Inc. (GPS): Earnings: $185 million in Q4 vs. -$273 million in the same period last year. EPS: $0.49 in Q4 vs. -$0.

2 months ago

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