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Gap shares pop 20% as earnings beat on sales growth at all four brands

发表于 : 31 5月 2024, 16:45
Nimitz

Gap beat quarterly estimates on the top and bottom lines, leading the retailer to raise its full-year guidance.
The apparel company's CEO Richard Dickson told CNBC, "we're delivering what we said we were going to deliver to our shareholders."
All four of Gap's brands — its namesake banner, Old Navy, Athleta and Banana Republic — posted positive comparable sales for the first time in years.