Gap Inc. Reports Second Quarter Fiscal 2024 Results, Provides Updated Full Year Outlook
GPSGap(GPS) 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 ...