Daily Stocks News » GPS

Gap Shares Plunge As September Same-Store Sales Fall

Warren Paige — Fri, 11 Oct 2013 15:11:15 +0000

Just like any other retailer, The Gap Inc. (NYSE: GPS) also saw its sales falling in September. Economic uncertainty caused by the policy impasse in Washington prompted consumers to spend money frugally. Gap said on Thursday that September same-store-sales fell 3% while analysts had expected a gain of 1.6%, according to a data compiled by [...]

Major Movers on June 7; COO, YUM, ZQK, THO, MTN, GPS

Warren Paige — Fri, 07 Jun 2013 17:56:03 +0000

Shares of the Cooper Companies Inc. (NYSE: COO) gained about 5% by afternoon trade. Higher revenue and stronger margins, helped in driving up the fiscal third quarter income by 37%. Although revenue fell short of estimation, non-GAAP earnings topped expectation. The Company boosted its full-year earnings outlook but slashed the upper end of the full-year [...]

Major Movers on May 10; PCLN, MT, GPS, MCP, UBNT

Warren Paige — Fri, 10 May 2013 18:46:09 +0000

Shares of Priceline.com Inc. (NASDAQ: PCLN) gained about 3.70% by afternoon trade. The online travel reservation company, late on Thursday reported that fiscal first quarter net income rose 36%, thanks to 42.8% growth in international bookings. Adjusted earnings as well as revenue edged past analysts’ expectation.

However, the Company provided slightly disappointing outlook for [...]

Gap Q1 Earnings Guidance Beats Estimates (GPS)

Warren Paige — Fri, 10 May 2013 10:17:19 +0000

Shares of the Gap Inc. (NYSE: GPS) rallied about 7.15% in aftermarket hours on Thursday after the clothing retailer, late last evening, provided upbeat sales guidance for the fiscal first quarter while sales in April along with same-store-sales showed strong growth trend.

For the fiscal first quarter ended May 4, the San Francisco Calif. [...]

Gap’s Q4 Results Beat Street’s Estimate (GPS)

Warren Paige — Fri, 01 Mar 2013 08:36:01 +0000

Specialty apparel retailer, Gap Inc. (NYSE: GPS), reported late on Thursday fiscal fourth-quarter results that edged past analysts’ estimates.

Shares climbed 2.85% in afterhours trading.

The San Francisco, California-based company, which owns namesake brand, Banana Republic and Old Navy, also announced a 20% increase in its dividend.

For the fiscal fourth quarter, GAP Inc [...]

Gap Posts 60% Jump in Fiscal Q3 Earnings

Warren Paige — Fri, 16 Nov 2012 16:30:08 +0000

Shares of specialty apparel retailer, The Gap Inc. (NYSE: GPS) edged up in pre-market trade on Friday after the Company following the closing bell in previous session reported 60% jump in fiscal third-quarter earnings thanks to fatter margins and growing same-store-sales in North America.

GPS also boosted its guidance on fiscal 2012 earnings to [...]

Abercrombie & Fitch Shares Rally on Q3 Results (ANF)

Warren Paige — Wed, 14 Nov 2012 15:59:11 +0000

Shares of specialty apparel retailer, Abercrombie & Fitch Co. (NYSE: ANF) leaped over 30% in premarket trading on Wednesday after the company announced fiscal third-quarter results that topped Street’s estimates thanks to spectacular sales growth in international markets even as it projected full-year earnings guidance above analysts’ consensus estimate.

The retailer now expects full-year [...]

Gap Reports Strong Sales for August (GPS)

Warren Paige — Fri, 31 Aug 2012 10:01:41 +0000

Clothing chain retailer, Gap Inc. (NYSE: GPS) shares climbed on Thursday after the company reported strong sales in August, beating analysts’ expectations.

For the month of August, Gap’s same-store-sales soared 9%, as back-to-school season saw many buyers heading back to its stores, especially Old Navy. Analysts polled by Thomson Reuters had forecasted same-store-sales growth [...]