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) | 2.33 |
PE ratio (TTM) | 171.05 |
EPS (TTM) | 0.10 |
Earnings date | 30 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Gap Inc. (NYSE: GPS) today announced its board of directors has authorized a second quarter fiscal year 2024 dividend of $0.15 per share, payable on or after July 31, 2024 to shareholders of record at the close of business on July 10, 2024.
At this year's Met Gala, Zac Posen, Executive Vice President & Creative Director of Gap Inc., and Chief Creative Officer of Old Navy, unveils a one-of-a-kind, custom Gap gown for Oscar® Award-Winning actor, Da'Vine Joy Randolph. Since his appointment to his new role in February, Posen has focused on serving as a cultural curator and further igniting creativity across the Gap Inc. portfolio, which includes Old Navy, Gap, Banana Republic and Athleta.
Wide-leg and denim styles are making a comeback in the fashion world. However, as the trend returns, questions arise about its implications for athleisure companies like Lululemon (LULU). Barclays' Consumer Discretionary Analyst Adrienne Yih joins Market Domination to discuss the potential impact of this fashion shift. Yih notes that denim is experiencing a resurgence after nearly 17 years — with jeggings, skinny jeans, and athleisure dominating recent trends. She suggests that the economy is in the "early adoption to mass adoption" phase of wide-leg denim, signaling a shift in consumer preferences. While athleisure companies like Lululemon offer wider-leg options for comfort, Yih emphasizes that "the actual trend is grounded in denim." Consequently, she believes consumers will spend more on brands specializing in denim offerings, such as American Eagle (AEO). For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith