Gap Inc
NYSE: GPS
GPS Articles
If the latest Retail Metrics estimate comes true, September marks the sixth month out of the first nine of the year in which same-store sales have declined.
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Gap reported its fiscal second-quarter financial results after the markets closed on Thursday, but what really pulled its shares down was a less than favorable outlook.
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Gap saw muted growth in its brands in its July comparable sales report. The question is how this will factor into the coming earnings report.
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The trouble is relentless across the brick-and-mortar retail world. Malls are closing or downsizing. At least six large retailers will have to merge, almost certainly in some combination with one...
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The list of layoffs by traditional retailers stretches ever longer. Almost every company blames e-commerce, which indirectly means Amazon.com.
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After markets closed Monday, The Gap Inc. (NYSE: GPS) reported same-store sales numbers for the month of July and for the company’s second fiscal quarter. Neither number was good news for the...
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Retailers announced July U.S. same-store sales figures on Thursday morning. Research firm Retail Metrics expects a year-over-year decrease of 1.7% for the month, compared with its prior estimate for...
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Since its release, Nintendo’s Pokémon Go has been downloaded by Americans tens of millions of times and is set to surpass the success of other mobile games by any number of metrics. The game is...
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Jefferies notes how expensive consumer staples had gotten relative to consumer discretionary and suggests that in the past such disparities have led to a reversion, where discretionary subsequently...
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If there was a pleasant surprise in retail last week, it was Thursday's announcement from Gap that the company had posted a same-store sales increase in June.
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Gap has lost a great deal of relevance among consumers. Nothing it has done recently offers any evidence the trend will reverse.
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Research firm Retail Metrics had forecast a year-over-year decrease of 0.3% for June and a 0.9% sales increase for the second quarter.
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For the third consecutive month, retailers are forecast to a post same-store sales gain of 0.9%, 30 basis points below lower than first-quarter growth according to analysts at Retail Metrics. It...
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24/7 Wall St. looked at major winners and loses at the effect of Brexit hits the U.K. and EU. VW and Gap (NYSE: GPS) have large sales and financial exposure. Walmart (NYSE: WMT) has almost none. The...
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That The Gap Inc. (NYSE: GPS) is struggling is not exactly headline news. When the clothing retailer reported first-quarter last month, same-store sales were down 5% and total sales were down 6%....
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