Gap Inc. Reports Third Quarter Results
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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
