Gap Inc
NYSE: GPS
GPS Articles
The top analyst upgrades, downgrades and initiations seen on Wednesday morning include Apple, Chipotle Mexican Grill, eBay, JetBlue, Kraft Heinz, Twitter, Gap and National Oilwell Varco.
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Add to store closings and falling sales, visits to Gap's online flagship Gap.com have fallen 20% in the past year.
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Where did Gap's customers go? While larger competitors are almost certain to be the place, a set of smaller ones have become Gap's enemies.
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Retailers announced March U.S. same-store sales figures Thursday morning. Research firm Retail Metrics had forecast a year-over-year increase of just 0.1%.
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Several chain stores that still report monthly same-stores sales results will be announcing March numbers after markets close Wednesday and before they open Thursday.
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Monday's top analyst upgrades, downgrades and initiations include Apple, Express Scripts, Facebook, Gap, Intel and Schlumberger.
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All the cool clothes you wore when you were younger are making a comeback, and the top retailers have them. These retailers could have some serious upside for growth stock investors.
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What has happened with Lululemon Athletica since December serves as one more instance of official analyst downgrades to be either ignored or even used as contrary indicators.
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With gas prices dipping as low as $1.25 in some areas, consumers are banking tons of extra cash, and there is a good chance that money will go elsewhere.
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Retailers are announcing February U.S. same-store sales figures Thursday morning, and research firm Retail Metrics had forecast a year-over-year increase of just 0.1% for the month.
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The best that can be said for February same-store sales is that they won't be as bad as January's sales.
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Earnings were not bad in the latest report from the Gap, but guidance disappointed analysts and kept the stock from advancing.
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The Gap has been closing stores for several years. Based on its recent earnings results, the process should not be over.
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The Gap, Inc. (NYSE: GPS) reported its fiscal fourth-quarter financial results after the markets closed on Thursday. The company had $0.57 in earnings per share (EPS) on $4.39 billion in revenue...
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Same-store sales for the month of January were weak, but still a couple of ticks higher than January 2015, according to the Retail Metrics Earnings Index
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