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Gap, Inc. - GPS STOCK NEWS

Welcome to our dedicated news page for Gap (Ticker: GPS), a resource for investors and traders seeking the latest updates and insights on Gap.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gap's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Gap's position in the market.

News
Gap Inc. Reports Third Quarter Fiscal 2023 Results
Rhea-AI Summary
Gap Inc. (NYSE: GPS) reported financial results for its third quarter, with net sales of $3.8 billion, down 7% compared to last year. The company's gross margin increased by 390 basis points, and operating income was $250 million. Gap Inc. ended the quarter with cash and cash equivalents of $1.4 billion, an increase of 99% from the prior year. Old Navy's net sales were $2.13 billion, down 1% compared to last year, while Gap's net sales were $887 million, down 15% compared to last year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
30.58%
Tags
earnings
-
News
Athleta Introduces New Experiential Fitness Series, Move with Athleta, and Takes Over NYC with Launch Events on November 16
Rhea-AI Summary
Athleta (GPS) Launches Move with Athleta, a New Experiential Fitness Series to Celebrate the Power of She, Featuring Fitness Influencers and Olympian Mariah Bell
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
Tags
none
-
News
Gap Inc. Announces Fourth Quarter Dividend
Rhea-AI Summary
Gap Inc. (NYSE: GPS) authorizes $0.15 per share dividend for Q4 FY 2023, payable from January 31, 2024, to shareholders of record as of January 3, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags
dividends
News
Gap Inc. to Report Third Quarter 2023 Results on November 16
Rhea-AI Summary
Gap Inc. will report its Q3 fiscal 2023 financial results on November 16, 2023, followed by a conference call to review the results. A live webcast and replay will be available online.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.3%
Tags
conferences earnings
-
News
Banana Republic Launches Exclusive Capsule Collection with Peter Do
Rhea-AI Summary
Banana Republic launches exclusive capsule collection with Peter Do
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.09%
Tags
none
-
News
Banana Republic Celebrates the Launch of BR Home
Rhea-AI Summary
Banana Republic launches BR Home, a new collection of home furniture and furnishings. The collection includes bedroom, living room, and dining room furniture, as well as lighting and home décor. The designs feature a blend of classic and contemporary styles, traditional forms with modern finishes, and global influences. The collection is made from premium materials sourced from skilled global artisans. Prices range from $150 to $4,950.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
Tags
none
News
Macy’s and Gap Launch Sleepwear and Intimates Collections Available Exclusively at Macy’s
Rhea-AI Summary
Macy's announces partnership with Gap for exclusive collection of sleepwear, underwear, and intimates for men and women
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.63%
Tags
none
-
News
Gap Inc. Reports Second Quarter Fiscal 2023 Results
Rhea-AI Summary
Gap Inc. reports Q2 financial results with net sales of $3.55 billion, down 8% YoY. Gross margin increases 310 basis points. Gap China sale impacts sales. Outlook expects net sales to decrease in low double-digit range for Q3 and mid-single digit range for fiscal 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.24%
Tags
earnings
-
News
Gap Inc. Announces Third Quarter Dividend
Rhea-AI Summary
Gap Inc. announces a third quarter fiscal year 2023 dividend of $0.15 per share, payable on or after October 25, 2023 to shareholders of record at the close of business on October 4, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
Tags
dividends
News
Gap Inc. to Report Second Quarter 2023 Results on August 24
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
Tags
conferences earnings
Stock GPS logo
Gap, Inc.

NYSE:GPS

GPS Rankings

#914 Ranked by Market Cap
#1136 Ranked by Stock Gains
#1168 Ranked by Dividends

GPS Stock Data

8.40B
193.68M
40.36%
60.26%
9.03%
Family Clothing Stores
Retail Trade
Link
United States
San Francisco

About GPS

doris and don fisher opened the first gap store in 1969. the reason was simple. don couldn’t find a pair of jeans that fit. they never expected to transform retail. but they did. guided by humility, compassion and a strong desire to win, the fishers grew their company thoughtfully. customers responded. today, gap inc. is a leading international specialty retailer with five brands – gap, banana republic, old navy, athleta and intermix – almost 3,200 stores and more than 150,000 employees. we’re growing globally, and just within the last few years, we opened our first stores in china and italy. we're expanding online shopping to customers, too. today, customers in about 90 countries can buy our products. while many things have changed since 1969, the principles on which we were founded have stayed the same: creativity, delivering results, doing what’s right and always thinking of our customers first.