Gap, Inc. (GPS) Tops Q4 EPS by 11c, Revs Miss
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Gap Inc. Reports Fourth Quarter and Fiscal Year 2020 Results; Provides 2021 Outlook
March 4, 2021 4:15 PM ESTComparable sales were flat in the quarter, including a 49% increase in online sales; Total net sales down 5% due to store closures and COVID impacts
Digitally led business with over $6 billion in annual online sales, fueled by 183M global known customer file1, which grew 14% year over year
Fiscal year ending cash, cash equivalents, and short-term investments balance of $2.4 billion
SAN FRANCISCO--(BUSINESS... More
