The Gap, Inc. (GAP) Tops Q3 EPS by 4c
The Gap, Inc. (NYSE: GAP) reported Q3 EPS of $0.62, $0.04 better than the analyst estimate of $0.58. Revenue for the quarter came in at $3.94 billion versus the consensus estimate of $3.9 billion.
Fiscal 2025 Outlook
The below fiscal 2025 outlook includes the estimated effect of tariffs.
Full Year Fiscal 2025
Current FY 2025 Outlook | Prior FY 2025 Outlook | FY 2024 Results | |||
Net sales | 1.7% to 2.0% growth | 1.0% to 2.0% growth | $15.1 billion | ||
Operating margin | Approximately 7.2% including an estimated | 6.7% to 7.0% including an estimated | 7.4 % | ||
Net interest income | Approximately | Approximately | $25 million | ||
Effective tax rate | Approximately 28% | Approximately 27% | 26 % | ||
Capital expenditures | Approximately | Approximately | $447 million | ||
Net store closures 1 | Approximately 35 | Approximately 35 | 56 |
For earnings history and earnings-related data on The Gap, Inc. (GAP) click here.