Every 8-K that The Gap, Inc. (GAP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow GAP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GAP filings page.
GAP INC (GAP) reported that its board of directors appointed Kirsten Green, Founder and Managing Partner of venture capital firm Forerunner, as a director effective September 15, 2026. In connection with her appointment, she received Company stock units valued at $185,000, consistent with the equity compensation provided to other non-employee directors, and will receive a pro rata portion of the $95,000 annual cash retainer for fiscal 2026. The company states there are no arrangements or understandings with other persons related to her appointment and no related-party transactions requiring disclosure. A press release announcing her election, highlighting her experience backing more than 100 companies and leading Forerunner to raise nearly $3 billion, is furnished as an exhibit.
GAP INC (GAP) reported second quarter fiscal 2026 results with net sales of $3.65 billion, down 2% year-over-year, and comparable sales down 1%. Despite softer revenue, gross margin reached 52.8%, boosted by a large IEEPA tariff recovery, and operating margin was 18.5%. Excluding this benefit, adjusted gross margin was 41.4% and adjusted operating margin 7.1%. Net income was $501 million (diluted EPS $1.38), while adjusted net income was $190 million (adjusted diluted EPS $0.52).
Brand performance was mixed: Old Navy net sales fell 4% and comps declined 4%, and Athleta net sales and comps declined 12%, while Gap brand net sales grew 9% with 10% comp growth and Banana Republic net sales grew 1% with 3% comp growth. The company ended the quarter with $2.5 billion in cash, cash equivalents and short-term investments and generated year-to-date free cash flow of $261 million. Year-to-date, $726 million was returned to shareholders via dividends and share repurchases.
Gap updated its fiscal 2026 outlook to net sales up 1% to 1.5% and raised adjusted diluted EPS guidance to $2.35–$2.45, while reported EPS is expected at $3.77–$3.87 including one-time items such as tariff refunds and a legal settlement. The company also announced that Michael Francis will become President and CEO of Old Navy on November 2, 2026, succeeding Haio Barbeito, who will move to an advisory role through January 30, 2027.
The Gap, Inc. entered into an amendment to its $2.2 billion asset-based revolving credit facility, extending the prior July 13, 2027 maturity to 2031 while keeping maximum availability unchanged. The facility continues to support working capital, capital expenditures and other general corporate purposes for the company and its subsidiaries.
The facility provides revolving loans in U.S. dollars and Alternative Currencies, including a $300 million letter of credit sublimit, a $200 million swingline sublimit and a $200 million sublimit for Canadian borrowers. U.S. dollar loans bear interest at SOFR plus 125–150 basis points, or at a defined base rate plus 25–50 basis points, with a 25 basis point fee on undrawn commitments. The agreement allows increases in availability, subject to caps, and remains secured by a first lien on specified U.S. and Canadian assets and governed by customary covenants and events of default.
Gap Inc. reported first quarter fiscal 2026 net sales of $3.5 billion, up 1% year-over-year, with comparable sales up 2% for a ninth consecutive positive quarter. Gross margin was 40.5%, and operating income reached $445 million, helped by a large legal settlement gain.
Gap brand delivered a standout quarter with net sales of $796 million, up 10% and comparable sales up 10%, while Old Navy and Banana Republic grew modestly and Athleta declined. Net income was $339 million, or $0.90 diluted EPS; adjusted diluted EPS excluding non-recurring items was $0.38.
The company ended the quarter with $2.6 billion in cash, cash equivalents and short-term investments and returned $464 million to shareholders via buybacks and dividends. For fiscal 2026, Gap expects net sales up 1%–2% and now guides adjusted diluted EPS to $2.30–$2.40, with reported diluted EPS of $2.83–$2.93, reflecting tariff relief and the settlement impact.
The Gap, Inc. held its annual meeting of shareholders on May 12, 2026. Shareholders representing 342,882,129 of 365,340,191 eligible common shares were present, establishing a quorum. All nominated directors were elected, with each receiving more votes for than against.
Shareholders ratified Deloitte & Touche LLP as independent accountant for the fiscal year ending January 30, 2027, with 324,713,712 votes for and 19,051,976 against. On an advisory basis, shareholders also approved the overall compensation of the company’s named executive officers.
The Gap, Inc. filed an update describing new standard agreement forms for its 2016 Long-Term Incentive Plan. On March 12, 2026, the company adopted revised templates for restricted stock units, deferred restricted stock units, performance share awards, deferred performance share awards, and director stock units.
These forms, which govern how equity-based compensation is granted and administered, are attached as exhibits 10.1 through 10.5. The filing does not change the plan itself but refreshes the legal documents used for future grants to employees and directors.
Gap Inc. reported fiscal 2025 net sales of $15.4 billion, up 2% with comparable sales up 3%, marking its eighth straight quarter of positive comps. Full-year operating income was $1.1 billion, for a 7.3% operating margin, and diluted EPS was $2.13.
The company generated $1.3 billion in operating cash flow and free cash flow of $823 million, ending with $3.0 billion in cash, cash equivalents and short-term investments. It announced a new $1 billion share repurchase authorization and raised the quarterly dividend to $0.175 per share.
For fiscal 2026, Gap expects net sales up 2% to 3%, adjusted operating margin around 7.3% to 7.5%, and adjusted diluted EPS of $2.20 to $2.35, excluding an expected $313 million legal-settlement gain and a planned $50 million charitable donation. Including these items, expected diluted EPS is $2.71 to $2.86.
The Gap, Inc. filed a current report to announce that it has released earnings results for the third quarter of fiscal 2025. The company issued a press release on November 20, 2025 covering its performance for the quarter ended November 1, 2025. The full financial details and commentary are provided in the press release, which is included as Exhibit 99.1 and incorporated by reference.
The Gap, Inc. announced that on September 15, 2025 the Board appointed Jody Gerson as a director effective that day. In connection with her appointment, Ms. Gerson received company stock units with an initial aggregate value of $185,000 based on the fair market value of the common stock and will receive a pro rata portion of the $95,000 annual cash retainer paid to non-employee directors for fiscal 2025. The stock units follow the same terms as those granted to other non-employee directors as described in the Company’s 2025 proxy statement. The filing states there are no arrangements or understandings with others regarding her appointment and she has no material interest in transactions requiring disclosure. The Company also furnished a press release announcing the election as Exhibit 99.1.