The Gap, Inc. (GAP) Tops Q2 EPS by 3c
Tweet
Share
E-mail
Get Alerts GAP Hot Sheet
Join SI Premium – FREE
The Gap, Inc. (NYSE: GAP) reported Q2 EPS of $0.52, $0.03 better than the analyst estimate of $0.49. Revenue for the quarter came in at $3.7 billion versus the consensus estimate of $3.7 billion.
GUIDANCE:
The Gap, Inc. sees FY2026 EPS of $2.35-$2.45.
Current FY 2026 Outlook | Prior FY 2026 Outlook | FY 2025 | |||
Net sales | Up 1% to 1.5% year-over- | Up 1% to 2% year-over- | $15.4 billion | ||
Adjusted gross margin | Up slightly year-over- | Flat to up slightly year- | 40.8 % | ||
Adjusted operating | About flat year-over-year | About flat year-over-year | 33.5 % | ||
Adjusted operating | About 7.4% to 7.6% | About 7.3% to 7.5% | 7.3 % | ||
Adjusted interest, net | Approximately | Approximately | $17 million | ||
Adjusted effective tax | Approximately 25% to | Approximately 25% | 27.9 % | ||
Diluted weighted average | Approximately 367 | Approximately 375 | 384 million | ||
Adjusted diluted earnings | Approximately | Approximately | $2.13 | ||
Capital expenditures | Approximately | Approximately | $470 million | ||
Net store closures 2 | About flat | About flat | 32 |
For earnings history and earnings-related data on The Gap, Inc. (GAP) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- Autodesk (ADSK) Tops Q2 EPS by 18c, Beats on Revenue; Offers FY27 EPS Guidance
- Workday (WDAY) Tops Q2 EPS by 14c; offers outlook
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
Earnings, Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
