Gap (the) Stock News

GAP (NYSE:GPS) posted its quarterly earnings results on Tuesday. The apparel retailer reported $0.27 earnings per share (EPS) for the quarter, missing the Thomson Reuters consensus estimate of $0.50 by ($0.23), MarketWatch Earnings reports. The business had revenue of $3.94 billion during the quarter, compared to analyst estimates of $4.43 billion. GAP had a return []

Gap, Inc. (GPS) CEO Sonia Syngal on Q3 2021 Results - Earnings Call Transcript

GAP (NYSE:GPS) issued an update on its FY 2021 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $1.250-$1.400 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.200. The company issued revenue guidance of $16.56 billion-$16.56 billion, compared to the consensus revenue estimate of $17.72 []

GAP (NYSE:GPS) updated its FY 2021 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $1.250-$1.400 for the period, compared to the Thomson Reuters consensus estimate of $2.200. The company issued revenue guidance of $16.56 billion-$16.56 billion, compared to the consensus revenue estimate of $17.72 billion. A number of analysts recently []

(RTTNews) - American lifestyle retailer Gap Inc. (GPS) on Tuesday lowered its fiscal 2021 earnings and sales outlook, hit by supply chain constraints and high air freight expenses. The company''s shares are down 15 percent in after-market trading. The company now expects fiscal 2021 earnings per share to be in the range of $0.45 to $0.

SAN FRANCISCO--(BUSINESS WIRE)--Gap Inc. (NYSE: GPS), a portfolio of purpose-led, billion-dollar lifestyle brands including Old Navy, Gap, Banana Republic, and Athleta, and the largest specialty apparel company in the U.S., reported a third quarter fiscal year 2021 diluted loss per share of $0.40. Excluding fees associated with restructuring the companys long-term debt and net charges related to strategic changes in its European operating model, adjusted diluted earnings per share were $0.27.

"I would much rather have a supply problem than a demand problem ... and that's what we're navigating," Gap CEO Sonia Syngal told CNBC's Jim Cramer.

Sonia Syngal, CEO of Gap, appeared on Tuesday's episode of "Mad Money," after the retailer reported its latest quarterly results.

Nordstrom shares sold off more than -20% after hours Tuesday, and The Gap was -15% on misses in both retailers' Q3 results.

Gap (GPS) delivered earnings and revenue surprises of -44.90% and 11.45%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?

Supply-chain problems pose problems for retailers unable to get enough merchandise as customers visit physical stores again.

The market had mixed results during the regular session.

Dana Telsey, CEO of Telsey Advisory Group, joins 'Closing Bell' to discuss Nordstrom and Gap earnings. She says there needs to be more work done to bring these companies back up.

Gap Inc. on Tuesday blamed “significant” supply-chain constraints as it cut its full-year earnings guidance and reported third-quarter results that fell short of expectations.