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The Gap Boasts Another Encouraging Month Of Comp Sales
Tuesday, November 8, 2016 - 12:04pm | 283While delivering better-than-anticipated October comps, Gap Inc (NYSE: GPS) announced its Q3 EPS ahead of expectations. “We [...] remain encouraged by signs of underlying sales/margin stabilization, supporting near-term momentum in the stock,” Credit Suisse’s Mark R. Altschwager...
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Deutsche Upgrades The Gap, Says Co Will Benefit From Easier Comps Going Forward
Saturday, October 8, 2016 - 5:54pm | 333Gap Inc (NYSE: GAP) traders saw enough from the company’s September sales numbers to send the stock soaring 14.4 percent in Friday’s session. Deutsche Bank analyst Paul Trussell has also seen enough from Gap to upgrade the stock from Sell to Hold. According to Trussell, the bar will be...
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How Each Of The Gap's Brands Contributed To Its Weak Comps
Friday, October 7, 2016 - 3:18pm | 344Following the release of the September sales results, Buckingham Research Group reiterated its Neutral rating and $23 price target on the shares of Gap Inc (NYSE: GPS). The firm noted that sales fell 2 percent in September on a 3 percent drop in same-store sales, worse than the 2 percent drop the...
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7 Retails Stocks In Focus After September Sales Data Released
Friday, October 7, 2016 - 12:15pm | 750Wedbush said in a research note released Friday it believes trends improved modestly versus August due to strength over the Labor Day weekend. Reviewing the September sales data of soft-line retailers, analyst Morry Brown noted that L Brands Inc (NYSE: LB) reported results mostly above the...