Previous close | 17.10 |
Open | 17.10 |
Bid | 0.00 x N/A |
Ask | 0.00 x N/A |
Day's range | 17.10 - 17.10 |
52-week range | 6.82 - 17.28 |
Volume | |
Avg. volume | 1,192 |
Market cap | 6.59B |
Beta (5Y monthly) | 2.28 |
PE ratio (TTM) | 171.05 |
EPS (TTM) | 0.10 |
Earnings date | 23 May 2024 - 27 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
The Gap, Inc. ( NYSE:GPS ) shareholders might be concerned after seeing the share price drop 25% in the last month. But...
Gap's new CEO Richard Dickson has hit the ground running at the retail icon.
Gap Inc. (GPS) reported a fourth quarter earnings beat, even as the company undergoes a reinvigoration plan. TD Cowen Analyst Jonna Kim joined Yahoo Finance Live to discuss her outlook on the retailer. While acknowledging that Gap is "on the path to improvement," Kim expresses the need for "stability" within the company. However, she commends the "very solid" margin improvement across the company's portfolio of stores. She also notes improvements in the Banana Republic and Athleta brands are essential for her to gain "more confidence in the stock." Kim suggests that "creative marketing" strategies like the utilization of social media as a "key driver" for long-term growth. She stresses attracting "the younger consumer" is pivotal for apparel retailers, and with Gap being an older brand, she believes partnerships would help engage that younger demographic. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith