Gap Inc. Reports First Quarter Results

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Wedbush Remains Sidelined on Gap (GPS); Says Key Elements Show no Signs of Shifting

May 22, 2015 8:55 AM EDT

Wedbush remains Neutral on Gap, Inc. (NYSE: GPS), and trimmed the price target to $42.00 (from $41.00), following 1Q results. Analyst Morry Brown says that key elements show no signs of shifting.

"Current trends in the companys primary business units remain unchanged, with Gap... More

Gap, Inc. (GPS) Reports In-Line Q1 EPS

May 21, 2015 4:01 PM EDT

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... More