Gap Inc. Reports July and Second Quarter Sales Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/20/2026
- US stock futures steady after tech slump; investors focus on Middle East tensions
- U.S. Treasury doubles buyback operation size for long-dated bonds
- Marvell shares jump after giving Google warrants amid custom chip deal
- U.S. debt tops $40 trillion
- Nvidia credit risk gauge hits new peak as SoftBank readies record bond issue
- Marvell issues Google warrant tied to custom chip deal
- FOMC minutes from July 28-29th meeting
- US stock futures steady after tech slump; investors focus on Middle East tensions
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Marvell shares jump after giving Google warrants amid custom chip deal
Cowen Cuts Price Target on Gap, Inc. (GPS) Following EPS Guidance and Ahead of 2Q Results
August 11, 2015 10:44 AM EDTCowen maintained a Market Perform rating on Gap, Inc. (NYSE: GPS), and cut the price target to $43.00 (from $46.00), following EPS guidance. GPS guided to 2Q EPS of $0.63-$0.64. GPS is set to report 2Q results on Thursday August 20th, after market... More
Stifel Trims Ests on Gap (GPS) Following July, Q2 Sales Results; Firm on Light Inventory into Q3
August 11, 2015 6:44 AM EDTStifel is trimming estimates on Gap, Inc. (NYSE: GPS) following July and Q2 sales results issued Monday night.
Analyst Richard Jaffe noted that comparable-store sales decline of 2 percent at Gap in July stemmed largely from weakness at Gap and Banana Republic.
Jaffe commented, Management indicated that the sales weakness was in part due to... More
Gap, Inc. (GPS) July Comps Fell 3%; Guides Q2 EPS Below Consensus
August 10, 2015 4:01 PM EDTGap, Inc. (NYSE: GPS) reported that net sales for the four-week period ended August 1, 2015 were $1.12 billion compared with net sales of $1.17 billion for the four-week period ended August 2, 2014. For the second quarter of fiscal year 2015, Gap Inc.s net sales decreased 2 percent to $3.90 billion compared with $3.98 billion for the second quarter last year.
*** The Street was looking for Q2 revenue of $3.97 billion.
On a constant currency basis, net sales for the second quarter of fiscal year 2015 were about flat versus last year.1 The company noted that the translation of foreign currencies... More
