Gap (GPS) Q4 Earnings and Sales Beat Estimates, Rise Y/Y
GPSGap(GPS) Zacks Investment Research·2024-03-09 00:55

The Gap Inc. (GPS) reported fourth-quarter fiscal 2023 results, wherein the bottom and top lines surpassed the Zacks Consensus Estimate and grew year over year. GPS posted adjusted earnings of 49 cents per share in the fiscal fourth quarter, surpassing the Zacks Consensus Estimate of 20 cents. The company had reported a loss of 75 cents a share in fourth-quarter fiscal 2022. Net sales inched up 1% year over year to 4,298millionandbeattheZacksConsensusEstimateof4,298 million and beat the Zacks Consensus Estimate of 4,213 million. This includes the adv ...