This summary was created by AI, based on 3 opinions in the last 12 months.
Gap Inc. (GPS-N) is experiencing a period of notable transformation, largely attributed to a recent change in leadership. The new CEO has strategically initiated a process that includes hiring new executives, which has resulted in improved inventory control and enhanced gross margins. Consequently, the company has been gaining market share consistently for seven quarters, showing a promising trend in its operational efficiency as inventory significantly declines. Despite some volatility in its stock price following an impressive last quarter performance, experts remain optimistic about the company's trajectory. The upcoming earnings report is highly anticipated, with expectations of another strong quarter, indicating confidence among analysts regarding Gap’s future prospects.
Part of the "lag trade" of brick-and-mortar mall retailers that sold off this summer, but are coming back with room to run. Their Athleta line competes with Lululemon. People are buying comfortable clothing, now that they work from home (as opposed to business wear). In August's report, Athleta sales were up 19% while Old Navy was up 24%. Brick and mortar took a hit in half, but digital sales which nearly doubled. Banana Republic was the weakest segment though. Store closures are good for the bottom line (bad for workers). The Gap is hiring (not firing) 50,000 seasonal people to shore up its holiday digital sales. Gap trades at a 18x PE, reasonable.
Gap is a American stock, trading under the symbol GPS-N on the New York Stock Exchange (GPS). It is usually referred to as NYSE:GPS or GPS-N
In the last year, 3 stock analysts published opinions about GPS-N. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Gap.
Gap was recommended as a Top Pick by on . Read the latest stock experts ratings for Gap.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Gap In the last year. It is a trending stock that is worth watching.
On 2025-04-15, Gap (GPS-N) stock closed at a price of $19.29.
Likes CEO. It's been gaining market share for 7 straight quarters as inventory declines the past 8.