Gap, Inc. (GPS) Reports In-Line Q1 EPS
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Price: $20.76 -1.28%
Revenue Growth %: -0.3%
Financial Fact:
Gross profit: 1.49B
Today's EPS Names:
MAXN, CSTR, ACU, More
Revenue Growth %: -0.3%
Financial Fact:
Gross profit: 1.49B
Today's EPS Names:
MAXN, CSTR, ACU, More
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Gap, Inc. (NYSE: GPS) reported Q1 EPS of $0.56, in-line with the analyst estimate of $0.56. Revenue for the quarter came in at $3.66 billion versus the consensus estimate of $3.76 billion.
Gap, Inc. reaffirmed FY2015 guidance.
First Quarter 2015 Comparable Sales Results
Gap Inc.’s comparable sales for the first quarter of fiscal year 2015 were down 4 percent versus negative 1 percent last year. Comparable sales by global brand for the first quarter were as follows:
- Gap Global: negative 10 percent versus negative 5 percent last year
- Banana Republic Global: negative 8 percent versus negative 1 percent last year
- Old Navy Global: positive 3 percent versus positive 1 percent last year
For earnings history and earnings-related data on Gap, Inc. (GPS) click here.
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