-
Baozun Overhauls Gap Stores, Goes Global With New Hunter Deal
Tuesday, August 29, 2023 - 9:40am | 1213Key Takeaways: Baozun announced a new joint venture with Authentic Brands Group, which will own rights to the Hunter brand of outdoor wear products in China and Southeast Asia The e-commerce company also announced strong progress for its recently acquired Gap China stores, including plans to start...
-
Gap Q4 Earnings Highlights: Why Shares Are Popping After Hours
Thursday, March 3, 2022 - 5:57pm | 326Gap Inc (NYSE: GPS) reported fourth quarter and full fiscal year results after market close Thursday. Here are the key highlights. What Happened: Gap reported fourth-quarter net sales of $4.53 billion, up 2% year-over-year, which beat the consensus estimate of $4.49 billion, according to...
-
6 Retail Stocks That Could Benefit From A Record-Breaking Back-To-School Shopping Season
Sunday, August 15, 2021 - 2:16pm | 1165The COVID-19 pandemic caused disruptions to the back-to-school shopping season in 2020 as parents braced for hybrid and at-home learning. With many schools expecting to resume in-person learning in 2021, the back-to-school shopping season could be a potential boon for retailers....
-
Stronger-Than-Expected Earnings At Salesforce, Costco, Gap Reinforce Economic Optimism
Friday, May 28, 2021 - 10:13am | 1468Welcome to the last trading day before a well-deserved holiday break. As investors get ready to leave their desks and fire up their grills, it seems that worries about an overheating economy are taking a back seat to encouragement about the economic recovery. Before jumping in, we’d like to...
-
Here Is What You Can Expect At Major US Stores Following CDC's New Mask Guidance
Saturday, May 15, 2021 - 1:37pm | 563The Centers for Disease Control (CDC) has relaxed mask-wearing rules for those fully vaccinated against COVID-19. According to the CDC, fully vaccinated people can resume activities without wearing a mask or physically distancing, except where required by federal, state, local, tribal...
-
How The Younger Generation Reshaped The E-Commerce Rulebook
Monday, December 14, 2020 - 1:37pm | 1177Amazon.com, Inc. (NASDAQ: AMZN) is proof that the e-commerce revolution was well underway before the pandemic, but COVID-19 has changed it for good. Generation Z has marked a new era and these guys are not patient as consumer behaviour is changing at great speed. They want an almost...
-
Retail Earnings Roll On This Week With Best Buy, Nordstrom, Gap, Dollar Tree
Monday, November 23, 2020 - 11:13am | 2221They say good things come in threes. Today looks like another example as fresh vaccine news helped inject a positive tone. For the third Monday in a row, major indices started with enthusiasm as a major medical company shared solid effectiveness data. This time it’s AstraZeneca plc...
-
GAP Losses Pile Up To Nearly $1B Due To Coronavirus Store Closures
Friday, June 5, 2020 - 1:56am | 343Gap Inc. (NYSE: GPS) reported quarterly losses amounting to nearly $1 billion due to store closures forced by the ongoing COVID-19 pandemic. What Happened Gap’s first-quarter results are a reflection of the toll that the coronavirus has extorted on the retailer. While store closures eroded...
-
Gap Shares Surge As Company Pulls Plan To Make Old Navy A Separate Company
Friday, January 17, 2020 - 6:50am | 275Gap Inc.'s (NYSE: GPS) shares surged in after-hours trading as the company announced it longer plans to make Old Navy a separate standalone company. What Happened "The plan to separate was rooted in our commitment to value creation from our portfolio of iconic brands," Gap's CEO...
-
Gap Shares Drop Despite Q2 Beat; The Sell-Side Weighs In
Friday, August 24, 2018 - 3:11pm | 530Gap Inc (NYSE: GPS) shares are reeling despite the apparel retailer's second-quarter earnings and sales beat Thursday. Wall Street Weighs In Nomura analyst Simeon Siegel maintained a Neutral rating on Gap with a $32 price target. Credit Suisse analyst Michael Binetti maintained ...
-
Benzinga's Bulls & Bears Of The Week: Altria, DowDupont, Oracle, Roku And More
Sunday, March 25, 2018 - 5:26pm | 773Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included top mining stocks and a Detroit automaker. Bearish calls featured biotech stocks and a key cloud player. Rising concerns about a trade war, another interest rate increase and a social...
-
Barron's Picks And Pans: Allergan, Broadcom, Gap And More
Sunday, March 18, 2018 - 3:00pm | 706This weekend's Barron's shows why one key analyst has a contrarian view on the direction that health care costs are headed. Other featured articles examine the prospects for pharmaceutical company facing new competition and an apparel retailer with a brand that is on a roll. Also...
-
KeyBanc Downgrades Gap After Flagship Brand Splits With CEO
Wednesday, February 21, 2018 - 10:04am | 379Gap Inc (NYSE: GPS) parted ways Tuesday with Jeff Kirwan, CEO of the company's namesake brand. At least one Wall Street analyst felt the executive's departure necessitates a downgrade of the stock. The Analyst KeyBanc Capital Markets' Edward Yruma downgraded Gap's stock...
-
Risk Outweighs Reward In Gap Shares, According To Oppenheimer
Thursday, December 14, 2017 - 5:48pm | 417Despite a nearly 50-percent surge throughout 2017, at least one Wall Street analyst isn't confident that Gap Inc (NYSE: GPS)'s momentum will continue. The Analyst Oppenheimer's Anna Andreeva downgraded Gap from Outperform to Perform with a price target lowered from $33 to $30....
-
The Gap Is Accelerating Store Closures; Here's Why Some See That As A Positive
Friday, November 17, 2017 - 12:10pm | 430Gap Inc (NYSE: GPS) reported Thursday its third quarter results, which consisted of a top and bottom-line beat, an upward revision to its full year EPS guidance and an update on store closures. The Analyst Deutsche Bank's Paul Trussell maintains a Hold rating on Gap's stock with a price...