Gap Inc. Reports Third Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
Gap, Inc. (GPS) Misses Q3 EPS by 7c, Revenue Beats, Offers Outlook
November 24, 2020 4:17 PM ESTGap, Inc. (NYSE: GPS) reported Q3 EPS of $0.25, $0.07 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $4 billion versus the consensus estimate of $3.82 billion.
Gap Inc. third quarter results reflected flat sales versus last year, supported by 5% growth in comparable sales which was driven by a 61% increase in online sales.2020 Financial Outlook:
Recognizing the continued high level of uncertainty in the marketplace, the... More
