Gap, Inc. (GPS) Reports In-Line Q4 EPS, Guides FY16 EPS Below the Street
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Gap Inc. Reports Fourth Quarter and Fiscal Year 2015 Results
February 25, 2016 4:15 PM ESTSAN FRANCISCO--(BUSINESS WIRE)-- Gap Inc. (NYSE: GPS) today reported fourth quarter and fiscal year 2015 results and provided guidance for fiscal year 2016.
The companys adjusted diluted earnings per share were $0.57 for the fourth quarter of fiscal year 2015 and $2.43 for fiscal year 2015, excluding the $25 million and $132 million pre-tax impacts of... More
Gap Inc. Announces Share Repurchase Authorization and Dividend
February 25, 2016 4:15 PM ESTSAN FRANCISCO--(BUSINESS WIRE)-- Gap Inc. (NYSE: GPS) today announced that its Board of Directors approved a new $1 billion share repurchase authorization for the companys common stock, superseding the existing authorization dated February 26, 2015.
Strong and consistent cash generation is a trademark of our business, with 2015 free cash flow totaling about $870 million, said Sabrina Simmons, chief financial officer of Gap Inc. We returned about $1.4 billion... More
