Gap, Inc. (GPS) July Comps Fell 3%; Guides Q2 EPS Below Consensus
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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
