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Gap Inc. – XtremeCuztoms

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Home / Category: Gap Inc.

Category: Gap Inc.

Gap Analysts React to Mixed Q1 Earnings: ‘Disappointed, but Not Surprised’

May 29, 2022 admin

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Gap Inc.on Thursday reported first-quarter earnings and cut its full-year profit guidance. Gap reported a first-quarter adjusted EPS loss of 44 cents, missing consensus estimates of a 13-cent loss. Gap reported revenue of $3.48 billion, beating analyst expectations of $3.46 billion. Revenue was down 13 percent from a year ago. Overall same-store sales were down…

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Category: Gap Inc.

Gap Analysts React to Mixed Q1 Earnings: ‘Disappointed, but Not Surprised’

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