Tag: $Gap Inc

Gap reports another period of declining sales across all brands, warns of ‘uncertain consumer’

Gap reported mixed results on Thursday and underwhelming current-quarter guidance as the longtime mall retailer saw another quarter of declining sales across all four of its brands.

Gap shares soar after retailer reports big improvement in margins

Gap reported another quarter of net losses and declining sales across its four brands but the retailer insisted it’s making progress — and has managed to significantly improve its margins, which sent shares surging in extended trading.