Gap Outperforms as EPS Surges by 10.2%
The apparel giant surpassed earnings expectations in fiscal Q4 2024 despite facing some sales challenges and macroeconomic headwinds.
Gap’s holiday quarter was a big win. Here’s what’s working for the retailer.
Gap’s holiday-quarter profit is head and shoulders above Wall Street expectations and retailer speaks of a “reinvigoration” of its brands.
Gap CEO unpacks blowout quarter: ‘The progress is real'
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 shares spike 12% as retailer blows away expectation again, showing turnaround has staying power
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’s Winning Look: Celebrity Moments and a Tight Belt
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 Beats Wall Street Expectations Thanks to Holiday-Season Sales
Gap beats quarterly sales, profit estimates on strong holiday quarter
Gap Surges on Strong Sales Led by ‘Impressive’ Namesake Brand
Gap Inc. soared after strong quarterly sales showed that Chief Executive Officer Richard Dickson’s turnaround playbook is working.
Deconstructing Gap Inc.’s Impressive 2024 Performance
CEO Richard Dickson said the specialty retailer has evolved "from fixing the fundamentals to continuous improvement through innovation."
Retail Dive2d
Old Navy, Gap lead comeback as Athleta drags
Ending the year with a holiday performance that beat expectations, Gap Inc. gained market share for the eighth straight quarter.
Old Navy Targets Activewear With Innovation
The StudioSmooth collection was introduced Tuesday online and in all Old Navy stores, with 10 women’s styles including leggings, bras, tops, a skort, biker shorts, athletic dress and full zips. Prices range from $24.99 to $59.99.