Company
Gap Inc
NYSE:GPS
The Gap, Inc. is a global specialty retailer offering clothing, accessories, and personal care products for men, women, children, and babies under the Gap, Old Navy, Banana Republic, Piperlime, and Athleta brands. The Company operates stores in the United States, Canada, the United Kingdom, France, Ireland, and Japan. It also has franchise agreements with unaffiliated franchisees to operate Gap and Banana Republic stores in many other countries worldwide.
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Gap Inc stock pops following 3Q profit surprise
The specialty apparel retailer swung to third-quarter 2022 profit of $282 million from a net loss of $152 million during the same period last year
Gap the latest to ditch Kanye West over antisemitic comments
Fellow fashion and clothing retailers Adidas and Balenciaga have also cut ties with the rapper
American rapper Kanye West to cut ties with Gap over alleged contractual breaches
Kanye West’s company Yeezy is reportedly attempting to end its contract with Gap over the retailer’s alleged failure to meet the obligations of their agreement
Gap withdraws full-year guidance after reporting second-quarter net loss
High inflation is hitting demand, particularly from lower-income consumers
Gap slashes profit forecast, shares slide 13%
Results at the US' largest specialty apparel company were pressured by a "slowed demand stemming from inflationary pressures impacting the lower-income consumer"
Gap shares shrink on CEO's surprise exit, weakened full-year guidance
The decision comes in the middle of a process to spin-off the Old Navy brand and shutter 230 Gap stores
Tesla's big battery in South Australia is a "complete waste of resources," claims Nissan
Thomas’ statement comes as he was discussing the new Leaf’s vehicle-to-grid/vehicle-to-home (V2G/V2H) system, which will allow the all-electric car to serve as a home battery unit. With the system in place, the Leaf will not only store ener
LATE MOVERS: Walgreens Boots Alliance tumbles as Baird lowers drugstore chain's price target
Also on the move are Foot Locker, Gap, Nutanix and Zscaler
The Gap unveils plans to shut 230 stores and split off its Old Navy brand after reporting fall in fourth quarter sales
The fashion firm said the closures would mainly be in North America, adding it had already closed 55 of its stores, leaving 742 Gap outlets globally
EARLY MOVERS: Foot Locker Inc shares race off after earnings beat; while Autodesk also gains ground
Also in play before-the-bell deals in New York was job news from flat-pack giant Ikea and fashion brand GAP
MedMen branches out into the Chicago market through its latest dispensary acquisition
The cannabis company will acquire Seven Point dispensary, located just outside of Chicago, for an undisclosed amount
FTSE 100 closes higher as hopes grow for US, China trade talks
FTSE 100 closed ahead as the new trading week began, but off the 7,600 level, adding over 32 points to 7,591
PRE-MARKET MOVERS: Foot Locker sprints before the bell but Hibbett Sports takes a dive
Ross Stores Inc and GAP Inc were also in play before the bell..
Gap shares gain after fourth quarter sales and earnings surpass expectations
Gap reduced its reliance on sales of Old Navy in the fourth quarter
Investments and investor services
American Outdoor Brands, Nordstrom, Gap - AFTER HOURS
"The new, lower levels of consumer firearm demand we saw reflected in the January NICS results may continue for some time," American Outdoors boss James Debney said.
Best Buy Co, Patterson Companies, Gap and more - PRE-MARKET
What's moving the needle ahead of the bell in New York? Proactive finds out
Hardware & electrical equipment
21st Century Fox, Ross Stores, GAP, Applied Materials - AFTER HOURS
A look at the stocks moving the dial after hours in New York
Archive
Autodesk - losing money but on the right track
Brokers have warm words for Autodesk, TeleNav, Wal-Mart and Gap
MIllennials boost for Gap as they flock to Old Navy
Net sales for the first quarter were flat at US$3.4bn though they rose 2% on a like-for-like basis
Dynegy powers higher after reported bid approach from Vistra Energy
Dynegy Inc shot up 24% after the Wall Street Journal reported Vistra Energy is mulling a bid
Bumper finish to the week
Stocks with heavy overseas earnings will benefit from the dollar's slide to levels last seen in November
US stocks run out of time to keep record run alive
US stocks enjoyed a last-minute rally after President Donald Trump began the process of deregulation but it was not enough to keep record high tickers for an eleventh session
US shares mark fresh record highs as banks price in earlier rate hike
US stocks marked a fresh raft of record highs on Wednesday as the Fed brought forward the prospect of rate hikes in the world’s biggest economy and bank stocks hit record highs
Gap Inc springs pleasant surprise as January sales rise
Like-for-like sales in January rose by 1% against an 8% decline a year ago
US stocks fall from record highs as oil prices wipe out two weeks’ of gains
US stocks gave back most or all of their record heights on Tuesday as oil prices wiped out more than two weeks of gains
US shares close firmer after uneventful pre-holiday trading
US shares ended firmer on Friday after the lead tickers toggled with relatively flat positions throughout the session
US shares edge lower, led by retailers, as rates outlook in focus
US stocks edged lower on Friday, as prospects for fresh record highs faded and markets reflected on how much more monetary tightening to expect from the Federal Reserve after this week’s rate hike
US stocks post record highs into the close
US stocks closed a half-day on Friday at a record high, even without the help of oil prices.
Gap on offer as it reports slide in like-for-like sales
Net income fell to US$204mln from US$248mln the year before
Top US stocks fall but gain on the week as “Trump trade” extends
All three top US equity tickers fell on Friday in the wake of markets fully pricing in a December rate hike, but they still managed to gain on the week in an extension of the “Trump trade”, albeit far less than a week ago
Gap's margins rise as it shrugs off effects of distribution facility fire
Like-for-like sales would have been flat in September had it not been for a fire at the Fishkill facility.
Stocks trim losses after soft jobs report muddies the rate hike waters
September's jobs report was disappointing, but perhaps not disappointing enough to push back an expected rise in interest rates in December
London’s mining stocks and bullish retail sales give FTSE a firm finish
London stocks were dominated by gains from miners for a second time in a week while forecast-beating UK retail sales data put Brexit fears in the shade to give blue-chip stocks a firm close on Thursday
FTSE 100 marks time despite strong retail sales
Ex-div stocks are weighing on the Footsie, which was barely in positive territory
Retailer Gap surprises with sales rise
Strength at its Old Navy brand helped sales overall rise by 2% in June
Trending: Brits that undercut the US clothes retailers
Primark is hitting US retailers hard, Burberry CEO takes a 75% pay cut, WPP's Sorrell under pay pressure, Devon Energy drops assets and gains an investor, and Hertz agrees to spin off its equipment unit
Hardware & electrical equipment
Trending: Banking on Apple in Canada
While Facebook applied two years ago for a banking licence in the United States and has since begun developing initiatives to offer methods for its users to store cash and pay for services via the social network, Apple is formalising relati
Gap shares slip under as first quarter sales disappoint
Clothing giant Gap Inc saw shares tumble over 11% as it warned on waning sales in the first quarter.
Archive
Wall Street gains as health-care, retail shares advance
Three stocks rose for every two issues that declined on the NYSE.
Archive
Wall Street headed to end mixed
Dow, S&P are up 0.1%, Nasdaq is down 0.2% ahead of the closing.
Stocks pare losses
After a soft opening, equities are clawing their way back to base camp.
U.S. Risers/Fallers: Chipotle Mexican Grill, Wayfair, AstraZeneca, Lions Gate Entertainment
Below are the main news driven share price changes at 11:35 a.m. in New York on Tuesday:
US stocks resume retreat as slowing global growth weighs
The three main benchmarks all head lower, with the tech-heavy Nasdaq Composite the hardest hit
Gap slips on banana skin but Jefferies keeps the faith
A shocking 15% fall in comparable store sales at Banana Republic dragged the Gap group's performance down, but broker Jefferies reckons the only way from here is up.
Stocks expected to resume retreat
Another day of decline looks in prospect, especially for Gap, which disappointed with its sales figures released last night.
US stocks amble higher
Stocks are advancing sedately but even so are on course for their best week of 2015.
Wall Street rallies on renewed hopes over Greek debt deal
U.S. stocks rallied Friday and were on track for weekly gains after fresh Greek economic proposals appeared to put Athens closer than ever to striking a bailout deal with its creditors. The S&P 500 (INDEXSP:.INX) added 1.3 percent to 2,
Wall Street set to inch higher on optimism Greece to strike deal with creditors
U.S. stock-index futures were sharply higher today mid optimism that proposals Greece submitted to its creditors will pave the way for a bailout deal. Futures for the Dow Jones Industrial Average climbed 0.8 percent to 17,595, while those f
Wall Street trades higher as investors monitor Fed meeting, Greece debt talks
U.S. stocks traded higher today as investors awaited the outcome of a two-day Federal Reserve policy meeting and continued to monitor Greek debt talks. The S&P 500 (INDEXSP:.INX) rose 0.6 percent to 2,096.93 at 3:37 p.m. in New York. Th
U.S. stock-index futures drop on Greece worries, ahead of Fed; Avalanche Biotechnologies tumbles
Wall Street is poised to open lower today as investors were cautious ahead of a two-day Federal Reserve meeting and as the Greek bailout crisis showed no signs of abating. Futures for the Dow Jones Industrial Average lost 53 points to 17,65
Wall Street mixed as investors weigh U.S. jobs report, Greece debt crisis
U.S. stocks traded narrowly mixed before the close today as investors eyed developments in Greece and weighed a bond yield rally on a strong jobs report, which supports the case for a rate hike this year. The S&P 500 (INDEXSP:.INX) slid
U.S. stock-index futures little changed ahead of Yellen’s speech, holiday weekend
U.S. stock-index futures were little changed today as investors waited for a speech from Federal Reserve Chairwoman Janet Yellen. Futures for the Dow Jones Industrial Average rose 10 points to 18,268, while those for the S&P 500 index e
Wall Street trims early losses as U.S. bonds recover; Lumber Liquidators extend slump
U.S. stocks pared most of their early losses today as government bonds recovered from an early sell-off. The S&P 500 (INDEXSP:.INX) skidded 0.3 percent to 2,100 at 3:43 p.m. in New York. The 30-company Dow Jones Industrial Average (INDE