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The Latest Breaking News from Gap Inc

Lawyers for Kanye West sent a letter to Gap Inc notifying the apparel chain that the rapper was terminating his partnership with the company, the Wall Street Journal reported on Thursday. Gap breached its agreement with West by not opening retail outlets and releasing apparel as promised, according to the…

Asharq Al-Awsat

2 Retail Stocks Investors Should Sell Before It Is Too Late

The persistently high inflation is hampering consumer confidence, leading to declining retail sales volume. Moreover, the continuing supply chain issues are proving to be a major headwind for the retail industry. Hence, it might be best to sell retail stocks Allbirds (BIRD) and Gap (GPS), considering their weak bottom lines.…

StockNews.com

Gap Stock Slides On CEO Sonia Syngal Exit, Muted Profit Margin Forecast

CEO Sonia Syngal will step down as CEO and the struggling casual apparel retailer said current quarter sales would continue to decline.

The Street

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U.S. VP touts $3.2 billion investment aimed at stemming Central America migration

U.S. Vice President Kamala Harris has pooled $3.2 billion in corporate pledges aimed at addressing some of the economic factors driving migration from Central America, her office said on Tuesday, lending impetus to measures to be discussed at the Summit of the Americas this week.

Reuters

Gap Analysts React To Mixed Q1 Earnings: 'Disappointed, But Not Surprised'

Shares of Gap Inc (NYSE: GPS) intially dropped more than 5% on Friday after the company reported first-quarter earnings and cut its full-year profit guidance.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For May 27, 2022

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Benzinga

Old Navy Made Clothing Sizes for Everyone. It Backfired.

Old Navy set out to make clothes shopping more inclusive for women of all body types. It ended up with too many extra-small and extra-large items and too few of the rest, a mismatch that frustrated customers and contributed to falling sales and a management shake-up.

Bangkok Post

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Is Gap Inc. a Winner in the Apparel Retail Industry?

Apparel retail company The Gap (GPS) recently increased its annual dividend payout. But is it wise to buy the stock now amid uncertainty associated with continuing logistical disruptions and rising inflation? Read on to learn our view.

StockNews.com

Analyzing Gap Inc's Short Interest

Gap Inc's (NYSE:GPS) short percent of float has fallen 20.94% since its last report. The company recently reported that it has 28.73 million shares sold short, which is 13.25% of all regular shares that are available for trading.

Benzinga

Gap Launches Simone Biles Athleta Girl Collection

Athleta, a Gap Inc (NYSE:GPS) brand, has launched its first signature collection of Simon Biles activewear for Athleta Girl. Biles is the most decorated gymnast in World Championships history with 25 medals overall and is a seven-time Olympic medalist. The limited-edition line is designed for girls between the ages of 6 and 12. The…

Benzinga

Peering Into Gap Inc's Recent Short Interest

Gap Inc's (NYSE:GPS) short percent of float has risen 14.25% since its last report. The company recently reported that it has 35.96 million shares sold short, which is 16.76% of all regular shares that are available for trading.

Benzinga

Shrinking the Gap: how the clothing brand lost its way

Gap’s clothes defined an era, but it has been steadily declining for years. Can a collaboration with Kanye West revive its fortunes – or is it just another sign of a brand flailing around for an identity?

The Guardian - UK

Bullish Sentiment For Gap Ahead Of Earnings

Gap Inc (NYSE: GPS) Thursday reports earnings after the bell. Shares of Gap have lost close to 17% over the past month.

Benzinga

Read How Analysts Reacted To Gap's Q4 Results

Morgan Stanley analyst Kimberly Greenberger noted Gap Inc's (NYSE:GPS) adjusted EPS loss per share of $(0.02) in Q4 beat expectations. But she finds it "difficult to avoid the conclusion that losing money in what should be one of the most profitable quarters every year suggests fundamentals and execution were gravely challenged." Greenberger thinks…

Benzinga

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Benzinga

What's Driving Gap Shares Higher Today?

Gap Inc (NYSE: GPS) is trading higher Friday after the company reported better-than-expected financial results.

The Street

Gap Stock Surges On Solid Earnings Outlook, Fading Covid Shipping Costs

A solid 2022 outlook, as well as a narrower-than-expected holiday quarter loss, has shares in Gap Inc moving sharply higher Friday.

Benzinga

Gap Q4 Earnings Highlights: Why Shares Are Popping After Hours

Gap Inc (NYSE: GPS) reported fourth quarter and full fiscal year results after market close Thursday. Here are the key highlights.

Benzinga

Gap Shares Could Move This Much After Q4 Earnings

Gap Inc (NYSE: GPS) reports earnings Thursday after the bell. Shares of Gap rose 5.43% to close Wednesday’s trading at $14.57.

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Benzinga

BofA Downgrades Gap On Old Navy Concerns

Old Navy, which contributes to around 55% of Gap Inc’s (NYSE: GPS) sales, is likely to be “disproportionately hurt” by its exposure to low-income consumers and worsening supply chain disruptions, according to BofA Securities.

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