Gap Inc The
- GAP Inc. plunged 14.8% to $23.80 after the specialty apparel company failed to meet analyst expectations in the fiscal first quarter of 2025 and warned of tariff-related costs in the future.
Revenue increased to $3.46 billion from $3.39 billion, net income climbed to $193 million from $158 million, and diluted earnings per share rose to 51 cents from 41 cents a year ago.
Comparable sales were up 2% from a year earlier, and online sales increased 6%, representing 39% of total net sales.
Excluding the potential impact from imposed tariffs, the company guided full-year net sales to grow between 1% and 2% from $15.1 billion and net interest income to decline to $15 million from $25 million in the previous year, respectively.
Furthermore, GAP plans to close approximately 35 stores during 2025, after closing 56 stores last year.
For the second quarter, the retailer estimated net sales to remain flat year-over-year.
May 30, 2025 - The Gap Inc. surged 18.6% to $23.11 after the specialty apparel retailer reported results for the fiscal fourth quarter of 2024.
Net sales dropped to $4.15 billion from $4.30 billion, net income jumped to $206 million from $185 million, and earnings per diluted share rose to 54 cents from 49 cents a year ago.
Comparable sales in the quarter advanced 3%.
The company guided for the first quarter of 2025 net sales flat to up slightly, compared to $3.4 billion in 2024.
For the full year, Gap estimated sales growth between 1% and 2%, compared to $15.09 billion in 2024.
Mar 7, 2025 - Gap Inc soared 14.2% to $8.48 after the struggling apparel retailer reported improvement in operating margin and a decline in air shipment expenses.
The retailer reported net sales in the first quarter declined 6% to $3.2 billion and 3% decline in comparable sales.
Net loss in the quarter shrank to $18 million from $144 million and diluted loss per share fell to 5 cents from 44 cents a year ago.
May 26, 2023
| Year | May | Aug | Nov | Feb | Annual | |
|---|---|---|---|---|---|---|
| 2023 | -0.75 | -0.05 | 0.32 | 0.58 | - | |
| 2022 | -0.03 | -0.44 | -0.13 | 0.77 | -0.55 | |
| 2021 | 0.65 | 0.43 | 0.67 | -0.4 | 0.67 | |
| 2020 | -0.48 | -2.51 | -0.17 | 0.25 | -1.78 | |
| 2019 | 0.72 | 0.6 | 0.44 | 0.37 | 0.93 | |
| 2018 | 0.52 | 0.42 | 0.76 | 0.69 | 2.59 | |
| 2017 | 0.51 | 0.36 | 0.58 | 0.58 | 2.03 | |
| 2016 | 0.57 | 0.32 | 0.60 | 0.60 | 2.09 | |
| 2015 | 0.75 | 0.56 | 0.64 | 0.63 | 2.58 | |
| 2014 | 0.58 | 0.75 | 0.80 | 0.67 | 2.74 | |
| 2013 | 0.71 | 0.64 | 0.72 | 0.74 | 2.33 | |
| 2012 | 0.47 | 0.49 | 0.63 | 0.43 | 1.56 | |
| 2011 | 0.40 | 0.35 | 0.38 | 0.59 | 1.88 | |
| 2010 | 0.45 | 0.36 | 0.48 | 0.50 | 1.58 | |
| 2009 | 0.31 | 0.33 | 0.44 | 0.33 | 1.34 | |
| 2008 | 0.34 | 0.32 | 0.35 | 0.34 | 1.05 | |
| 2007 | 0.22 | 0.19 | 0.30 | 0.27 | 0.93 | |
| 2006 | 0.28 | 0.15 | 0.23 | 0.39 | 1.24 | |
| 2005 | 0.31 | 0.30 | 0.24 | 0.39 | 1.21 |