Gap surpassed projected financial targets in both revenue and earnings for Q4 2024 and FY24 and saw a 3% increase in same-store sales.

Creative leadership looks good on Gap. It looks even better with a tight belt on. The clothing company, which also owns Old Navy and Banana Republic, posted some impressive results. Its namesake brand’s comparable sales rose 7% last quarter from a year earlier,

Gap’s holiday-quarter profit is head and shoulders above Wall Street expectations and retailer speaks of a “reinvigoration” of its brands.

Gap has been in the midst of a turnaround under CEO Richard Dickson and has blown away Wall Street expectations for four quarters in a row.

Gap CEO Richard Dickson described the apparel company's most recent quarter, which impressed Wall Street and indicates the company is maintaining its turnaround. Shares shot up more than 17% in extended trading. Along with its namesake brand, Gap owns Old Navy, Banana Republic and Athleta.

Gap's profit and sales exceeded forecasts in the key holiday shopping season as the clothing retailer's turnaround efforts continued to boost results.

CEO Richard Dickson said the specialty retailer has evolved "from fixing the fundamentals to continuous improvement through innovation."

We recently published a list of the 12 Best Apparel Stocks to Invest In. In this article, we are going to take a look at where The Gap, Inc.

BofA analyst Lorraine Hutchinson lowered the firm’s price target on Gap (GAP) to $25 from $28 and keeps a Neutral rating on the shares