GapGPSDON'T BUYJun 05, 2026Stock price when the opinion was issued
As of Jun 05, 2026. Market Open.
Really suffering today, despite the good print. Company estimated $300M in costs due to tariffs, but that tariffs will be neutral in the long term. If you're looking for a retail stock, a good name to buy now.
But is retail a good thing to own? It's a very tough trade, just like airlines. You have to be right, and it's very economically sensitive. Jeff Bezos says that, eventually, all retailers go broke.
Leisurewear is doing poorly. Gap's Q1 net sales were -12% and same-store sales -11%.