-
Oppenheimer Maintains Confidence In Lululemon After CEO's Resignation
Tuesday, February 6, 2018 - 12:41pm | 284Read More...While the resignation of CEO Laurent Potdevin has caused an investor scare, Lululemon Athletica, Inc. (NASDAQ: LULU) has a “solid bench in place," an Oppenheimer analyst said. The Analyst Analyst Anna Andreeva maintained an Outperform rating on Lululemon with an $88 price...
-
Gap's New CEO Art Peck To Take The Company Higher? This Analyst Thinks So
Monday, February 9, 2015 - 2:51pm | 492Read More...When Gap Inc (NYSE: GPS) announced that CEO Glenn Murphy would be retiring, its shares sunk by more than 10 percent the next day. Now that Art Peck has taken over the role at Gap, analysts are divided between those who have faith in him and those who don’t. Adrienne Yih-Tennant from...
-
Dow Suffers Worst One-Day Performance In 2014, Volatility Returns To The Markets
Thursday, October 9, 2014 - 4:55pm | 2188Read More...U.S. stocks plunged with the Dow, shedding more than 300 points, suffering the worst single day performance of the year. Despite the 300-plus point loss, both the S&P 500 and Nasdaq saw higher losses on a percentage basis as the CBOE Volatility Index surged over 24 percent to 18.76....
-
The Gap Inc. Falls On September Sales; Change In CEO
Wednesday, October 8, 2014 - 5:35pm | 265Read More...The Gap Inc. (NYSE: GPS) fell sharply in after-hours trading amid disappointing September sales news and an upcoming change in the CEO. Gap reported that “September 2014 net sales were up 1 percent compared with last year. Net sales for the five-week period ended October 4, 2014 were...
-
Gap Shares Slipping Following June Sales Release
Friday, July 11, 2014 - 12:58pm | 144Read More...Shares of Gap (NYSE: GPS) are down in the extended hours session following worse than expected June sales. For the five week period ended June 5, total sales are up one percent year over to $1.54 billion. Same store sales are down two percent. Old Navy brand same store sales are up seven...
-
Gap Shares Down Following June Sales Release
Thursday, July 10, 2014 - 5:52pm | 144Read More...Shares of Gap (NYSE: GPS) are down in the extended hours session following worse than expected June sales. For the five week period ended June 5, total sales are up one percent year over to $1.54 billion. Same store sales are down two percent. Old Navy brand same store sales are up seven...
-
Gap Conference Call
Saturday, May 24, 2014 - 1:04pm | 1386Read More...Gap (NYSE: GPS) reported its second quarter earnings on Friday. Shares of the company traded up 6.10 percent, or $1.94, to $33.72. Below are some key takeaways from the company's conference call: Glenn Murphy, Chairman and CEO • Everybody here was actually pretty disappointed in our earnings...
-
Gap's Q4 Comps Rise But Investors Are Underwhelmed
Thursday, February 27, 2014 - 5:59pm | 668Read More...Gap Inc. (NYSE: GPS) ended 2013 on a high note -- perhaps higher than some expected. The retailer's comparable sales increased one percent during the quarter and were up two percent for the full fiscal year. This was inline with the firm's third quarter, which also saw comps increase by one...
-
Earnings Preview for the Gap
Wednesday, May 18, 2011 - 3:22pm | 546Read More...The Gap (NYSE: GPS) is expected to announce its Q1 earnings results on Thursday, May 19, after the markets close. Analysts expect earnings per share to reach $0.39, or 13.3% lower than in the same quarter last year. The Street's estimate was lowered by $0.01 in the last 30 days, however. Revenues...
