The Gap, Inc. (GPS)
| Market Cap | 7.70B |
| Revenue (ttm) | 14.89B |
| Net Income (ttm) | 502.00M |
| Shares Out | 370.83M |
| EPS (ttm) | 1.34 |
| PE Ratio | 15.49 |
| Forward PE | 16.78 |
| Dividend | $0.60 (2.89%) |
| Ex-Dividend Date | Apr 9, 2024 |
| Volume | 4,829,472 |
| Open | 20.95 |
| Previous Close | 21.03 |
| Day's Range | 20.56 - 21.06 |
| 52-Week Range | 7.22 - 28.59 |
| Beta | 2.28 |
| Analysts | Buy |
| Price Target | 19.70 (-5.11%) |
| Earnings Date | May 23, 2024 |
About GPS
The Gap, Inc. operates as an apparel retail company. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, and Athleta brands. Its products include adult apparel and accessories; and fitness and lifestyle products for use in yoga, training, sports, travel, and everyday activities for women and girls. The company offers its products through company-operated stores, franchise stores, websites, and third-party arrangements. It has franchise agreements to operate O... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for GPS stock is "Buy." The 12-month stock price forecast is $19.7, which is a decrease of -5.11% from the latest price.
News
Department stores face another squeeze. This time, in store credit card revenue
Store credit cards allow retailers to drive repeat purchases and make a cut of cash. Even before a new CFPB ruling, the revenue segment was under pressure.
Season of change for retailers? Former J. Crew CEO Mickey Drexler on the state of retail
Mickey Drexler, Alex Mill chairman and former J.Crew CEO and chairman, joins 'Squawk Box' to discuss the state of retail, why some brands are offering steeper discounts online than in-store, state of ...
Biden's late-fee crackdown is a blow to department stores. Shoppers should beware of what comes next.
Some of the biggest clothing and department-store chains rely on their own private-label credit cards to cushion their bottom lines. Those cards, often laden with incentives, keep shoppers coming back...
Despite fears, retailers have so far avoided impact of Red Sea disruption
The Houthi attacks on cargo ships in the Red Sea, which started last year, sparked concern about the impact on retailers confronted with increased shipping rates and longer journey times as freight is...
The Gap Reports Positive Earnings And A Great Outlook
Richard Dickson, new President and CEO of the Gap GPS , and Katherine O'Connell, CFO CFO , met with analysts to discuss 4th quarter results of the company. They were happy to report that the company s...
Three-Stock Lunch: Biogen, DocuSign & Gap
Gina Sanchez, Lido Advisors chief market strategist, joins 'Power Lunch' to discuss stock plays for three stocks, including Biogen, DocuSign and Gap.
Gap Shares Gain on Q4 Earnings Beat Boosted by Namesake Brand, Old Navy
Gap (GPS) shares gained over 4% in intraday trading Friday, after the apparel company posted higher-than-expected earnings during the holiday quarter, boosted by sales at its namesake brand and Old Na...
Our financial and operational efforts are showing up in the numbers, says Gap Inc. CEO Dickson
Gap Inc. President and CEO Richard Dickson joins 'Mad Money' host Jim Cramer to talk quarterly results, its upcoming spring campaign, consumer trends and more.
Gap Inc. CEO Richard Dickson goes one-on-one with Jim Cramer
Gap Inc. President and CEO Richard Dickson joins 'Mad Money' host Jim Cramer to talk quarterly results, its upcoming spring campaign, consumer trends and more.
Gap reports upbeat quarterly sales on improving demand for Old Navy apparel
Gap beat Wall Street expectations for fourth-quarter sales on Thursday, buoyed by strong demand on improved product offerings at its Old Navy and namesake brands during the holiday season.
Old Navy returns to growth as Gap's holiday earnings blow past estimates
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.
Gap Inc. Reports Fourth Quarter and Fiscal 2023 Results; Provides Fiscal 2024 Outlook
Fourth Quarter Net Sales Increased with Market Share Gains Fourth Quarter Operating Margin Expansion Reflects Continued Financial and Operational Rigor Full Year Operating Cash Flow of $1.5 Billion; ...
Gap Inc. & Ambercycle Announce Efforts to Advance Textile-to-Textile Recycling
LOS ANGELES and SAN FRANCISCO , March 5, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GPS) and Ambercycle today announced efforts to leverage textile-to-textile recycled materials in Athleta products. Ambercy...
Athleta Partners with Katie Ledecky, the World's Most Decorated Female Swimmer, as Newest Member of its Power of She Collective
Athleta also debuts new brand campaign, Find Your Movement, a powerful anthem to empower women and girls to move SAN FRANCISCO , March 1, 2024 /PRNewswire/ -- Today, on the first day of Women's Histo...
Gap Inc. Announces First Quarter Dividend
SAN FRANCISCO , Feb. 27, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GPS) today announced its board of directors has authorized a first quarter fiscal year 2024 dividend of $0.15 per share, payable on or aft...
Gap Champions Originality In New Spring Campaign Starring GRAMMY® Award-winning Artist Tyla
The Iconic American Fashion Brand Returns to Its Musical Roots with British Band Jungle for Latest Campaign Spotlighting Gap Linen NEW YORK , Feb. 27, 2024 /PRNewswire/ -- Gap, the iconic American fas...
This is what the Red Sea attacks means for U.S. retailers, says Moody's
While the Houthi attacks on cargo ships in the Red Sea have impacted global supply chains, U.S. retailers are better positioned to deal with the disruption than their European counterparts, according ...
Gap Inc. to Report Fourth Quarter and Fiscal 2023 Results on March 7
SAN FRANCISCO , Feb. 15, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GPS) will report its fourth quarter and fiscal 2023 financial results by press release on March 7, 2024, at approximately 1:15 p.m. Pacifi...
Athleta Reimagines Performance Product with the Debut of Revolutionary Train Collection
Engineered with Proprietary PowerMove Fabric, the Game Changing Collection Empowers Women through High-Intensity Movement SAN FRANCISCO , Feb. 13, 2024 /PRNewswire/ -- Today, Athleta, a Gap Inc. bran...
Gap brings aboard designer Zac Posen, as it aims for a bigger role in ‘the cultural conversation'
Gap Inc. on Monday said it had appointed fashion designer Zac Posen as the clothing retailer's new creative director and chief creative officer of Old Navy, part of the chain's search for greater rele...
Gap Taps Fashion Designer Zac Posen as Creative Director
The retailer is trying to reignite creativity after years of slumping sales.
Zac Posen Named EVP, Creative Director of Gap Inc. and Chief Creative Officer of Old Navy
SAN FRANCISCO , Feb. 5, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GPS) today announced the appointment of American fashion designer, Zac Posen, to Executive Vice President, Creative Director of Gap Inc. an...
Two New Exec Join Dickson's Gap – A First Move
Richard Dickson appointed two senior executives to filled important positions in the company. Dickson joined The Gap last August and on Friday he chose Eric Chan as chief business and strategy officer...
Gap Inc. Names Eric Chan as Chief Business and Strategy Officer and Amy Thompson as Chief People Officer
SAN FRANCISCO , Jan. 12, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GPS) today announced the appointment of Eric Chan as Chief Business and Strategy Officer, effective this week, and Amy Thompson as Chief P...
Chris O'Neill Joins GrowthLoop's Board of Directors
O'Neill Will Lend Experience in Scaling Cloud Software to Industry Leading Composable CDP NEW YORK , Dec. 7, 2023 /PRNewswire/ -- Today, GrowthLoop announces the appointment of Chris O'Neill to their ...