Gap (GPS) Stock

Gap (GAP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

The Gap, Inc. has shown a strong turnaround with Q3 revenue of $3.82 billion and positive comparable sales across most brands. Gross margin expanded to 42.7%, improving earnings power, while net income rose to $274 million, beating EPS estimates by $0.14. The company has a robust balance sheet with $2.2 billion in cash and a growing free cash flow of $540 million, supporting potential dividend increases.

Gap Inc. is refining both its digital and in-store channels as it works to reinvigorate its apparel brands. The parent company of Old Navy, Gap, Banana Republic and Athleta said this Thursday (Nov. 21) while reporting its third-quarter results.

Gap surging after earnings. It's our Chart of the Day.

GAP's third-quarter fiscal 2024 results are solid due to gains from strength in brands and other strategic efforts. The company has also been managing costs.

Shares of The Gap (GAP) are surging in premarket trading after the apparel retailer reported stronger-than-expected third-quarter results and boosted its full-year sales outlook.

Gap Inc. is still in the early innings of a brand overhaul under Chief Executive Richard Dickson, but the early signs suggest his strategy is working, analysts said Friday.