|Bid||31.01 x 3100|
|Ask||31.50 x 1000|
|Day's range||30.98 - 31.94|
|52-week range||9.95 - 37.63|
|Beta (5Y monthly)||1.67|
|PE ratio (TTM)||N/A|
|Earnings date||25 Aug 2021 - 30 Aug 2021|
|Forward dividend & yield||0.97 (2.75%)|
|Ex-dividend date||06 Apr 2021|
|1y target est||36.37|
The retailer and the rap impresario recently unveiled their first product collaboration, and it's generating positive reviews on style. While one product doesn't make the Yeezy Gap brand a success, there's buzz around the retailer that's been sorely lacking and that only bodes well for the future.
Like other retailers, Gap is turning its focus to digital sales in the wake of the pandemic. Meanwhile, online sales made up 40% of its first-quarter revenue. In light of that, Gap is making plans to close 30% of its Gap and Banana Republic stores in North America by 2024, with a focus on shuttering locations in indoor malls.
Gap’s stores are closing – can Kanye West turn its fortunes around?. US chain built on large global presence signals retreat from high streets and signs rapper to reinvigorate its brand