Retail News

Gap’s stock price jumps on strong 4Q report

Reuters 03/02/2018

A nine percent increase in same-store sales at Old Navy, as well as improvements in its other businesses, helped Gap, Inc. achieve a five percent increase in comp revenues, well above the 1.2 percent forecast by analysts. Earnings per share were also five cents higher than Wall Street expectations.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!