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Gap Inc. Reports Second Quarter Fiscal 2024 Results, Provides Updated Full Year Outlook
Prnewswire· 2024-08-29 23:12
Net sales increased 5% versus last year with market share gains for the 6th consecutive quarterComparable sales were up 3% driven by strength at Old Navy and GapOperating margin of 7.9% improved 490 basis points versus last yearIncreases outlook for fiscal 2024 gross margin and operating income growth SAN FRANCISCO, Aug. 29, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GAP), the largest specialty apparel company in the U.S. and a house of iconic brands including Old Navy, Gap, Banana Republic, and Athleta, today re ...
Gap shares halted after apparent early earnings release
CNBC· 2024-08-29 22:34
Gap shares were halted Thursday morning after its quarterly earnings results were apparently released early.The apparel retailer is set to post second-quarter earnings after the closing bell Thursday. But Bloomberg reported that a presentation showing the results briefly appeared on Gap's website in the morning.The earnings no longer appeared to be posted on Gap's site when the stock was halted just before 10 a.m. ET. Shares were down nearly 1% before the trading pause.Gap did not immediately respond to a r ...
Why Gap (GAP) is a Top Value Stock for the Long-Term
ZACKS· 2024-08-28 22:41
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are t ...
Miniso Stock: Deep Valuation Gap, Stellar Growth, And Margin Expansion
Seeking Alpha· 2024-08-28 13:40
Julien Viry Initiating Coverage I am initiating coverage on Miniso Group (NYSE:MNSO) with a "Buy" rating and an investment horizon of 24 months. I believe that Miniso stock trades at a valuation gap and a reversal rally seems likely in the coming quarters. This initiating coverage discusses the reasons to be bullish on Miniso and the key risks to the bullish thesis. As an overview, Miniso Group is a lifestyle retailer with presence in China and in the international markets. As of March 2024, the company had ...
Gap (GPS) Jumps 11% in a Month: Is it an Ideal Time to Buy?
ZACKS· 2024-08-23 01:20
The Gap Inc. (GPS) stock has regained some of its lost sheen in the past month. The comeback has mainly been driven by a financial recovery, fueled by rising market share and a stronger brand presence. The company has expanded its market share for five straight quarters. Additionally, it has been reinforcing its brand relevance through a savvy reinvigoration strategy.In the past month, the company’s shares have rallied as much as 11.5%, surpassing the industry peers and the broader S&P 500 index’s rise of 2 ...
Here is What to Know Beyond Why The Gap, Inc. (GPS) is a Trending Stock
ZACKS· 2024-08-22 22:06
文章核心观点 - 公司最近一个月股价上涨15.1%,优于大盘和行业 [1][2] - 公司业绩预期持续向好,未来一年盈利预测分别增长24.5%和8.8% [6][7][8] - 公司最近几个季度业绩表现良好,超出市场预期 [12][13][14] - 公司估值水平相对较低,被评为价值股 [15][16][17][18] 行业和公司概况 - 公司属于服装零售行业,最近一个月行业整体上涨5.6% [2] - 公司主营服装零售业务,是一家知名服装连锁企业 [1] 财务数据 - 公司当前季度预计收入36.2亿美元,同比增长2.2% [11] - 公司当前财年和下一财年预计收入分别为149.2亿美元和152.1亿美元,同比增长0.2%和1.9% [11] - 公司最近一个季度实现收入33.9亿美元,同比增长3.4% [12] - 公司最近一个季度每股收益0.41美元,去年同期为0.01美元 [12][13]
Gap Launches Fall 'Get Loose' Campaign Starring GRAMMY®-Nominated Global Pop Star Troye Sivan
Prnewswire· 2024-08-21 21:00
The campaign, titled "Get loose," stars GRAMMY®-nominated global pop star Troye Sivan and the dance group CDK Company, with direction and choreography by Sergio Reis. Set to Thundercat's viral hit "Funny Thing," the film, shot by Dan Martensen, reunites Sivan and Reis and features original choreography showcasing dancers in baggy and loose fit denim, inspiring free movement and personal style."This fall, we are celebrating Gap's 55-year heritage in denim with a collection of loose styles that allow for self ...
Gap (GPS) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2024-08-21 06:46
The latest trading session saw Gap (GPS) ending at $23.52, denoting a -0.68% adjustment from its last day's close. This move lagged the S&P 500's daily loss of 0.2%. Meanwhile, the Dow lost 0.15%, and the Nasdaq, a tech-heavy index, lost 0.34%.Coming into today, shares of the clothing chain had gained 8.13% in the past month. In that same time, the Retail-Wholesale sector gained 1.7%, while the S&P 500 gained 1.93%.The upcoming earnings release of Gap will be of great interest to investors. The company's ea ...
Price Gap Trading Deep Dive: Common, Breakaway, Continuation, Blow-Off
ZACKS· 2024-08-15 05:31
Price gaps are one of the most misunderstood areas in technical analysis. Price gaps occur when the price of a stock or ETF trades above or below the previous session’s closing price, leaving a distinguishable space on the price chart. Gaps can occur for a plethora of different reasons, or they can happen for no reason at all. They can have little or no meaning to a trend, or mark the start of a fresh and powerful trend. Understanding the Different Types of Price Gaps1. Common Gap: These gaps occur most fre ...
Stock Of The Day: Amazon Stock Eyes Gap Refill
Benzinga· 2024-08-15 02:47
文章核心观点 - 亚马逊股价可能即将填补之前的价格缺口,意味着股价有望上涨[7][8][9] - 当股价达到阻力位时,买入需求将减弱,股价上涨可能会暂停或停止[2][3][4][5][6] - 价格缺口的形成是由于买入者没有后悔自己的购买决定,因此缺口区域可能会被快速填补[7][8] 行业分析 - 当市场整体呈现上涨趋势时,由于买入需求旺盛,买家不得不以不断上升的价格进行购买[2] - 阻力位形成是因为一些买家后悔自己的购买决定,希望在价格回升到自己的买入价位时卖出,从而形成卖盘压力[4][5][6] - 价格缺口的出现意味着没有买家后悔自己的购买决定,因此缺口区域可能会被快速填补[7][8] 公司分析 - 亚马逊股价在8月1日和8月2日之间出现了价格缺口[7] - 由于缺口区域没有交易,因此也没有买家后悔自己的购买决定,这意味着该缺口可能会被快速填补[8][9]