Gap's Earnings: A Mixed Bag of Results
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Gaps earnings report this Thursday will reveal its Q2 performance, following a Q1 where it met revenue expectations but missed gross profit margins. Analysts predict a 2.2% year-over-year revenue increase to $3.91 billion, with adjusted earnings of $0.58 per share. Despite sector uncertainty, Gaps stock has risen 9% in the last month, outperforming peers and analysts price targets.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
