Gap Inc. Reports First Quarter Fiscal 2023 Results

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Gap, Inc. (GPS) Tops Q1 EPS by 16c

May 25, 2023 4:17 PM EDT

Gap, Inc. (NYSE: GPS) reported Q1 EPS of $0.01, $0.16 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $3.28 billion versus the consensus estimate of $3.29 billion.

GUIDANCE:

The company is estimating second quarter net sales could decrease in the mid to high-single digit range... More