Gap, Inc. (GPS) Tops Q1 EPS by 27c

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Gap Inc. Reports First Quarter Fiscal 2024 Results, Raises Full Year Guidance

May 30, 2024 4:15 PM EDT

Net sales increased 3% versus last year with market share gains for the 5th consecutive quarter 

Comparable sales were positive at all four brands in the portfolio

Operating margin expansion reflects improvement in gross margin and operating expense

SAN FRANCISCO, May 30, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GPS), the largest specialty... More