Gap, Inc. (GPS) Tops Q2 EPS by 6c, FY EPS Guidance Tops Consensus
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Gap Inc. Reports Second Quarter Results
August 17, 2017 4:15 PM EDTIncreases Reported EPS Guidance to a Range of $2.12 to $2.20 for Fiscal Year 2017 Increases Adjusted EPS Guidance to a Range of $2.02 to $2.10, Excluding Second Quarter Gain on Insurance Proceeds of 10 cents per share, Compared to Previous Guidance of $1.95 to $2.05 Positive 1 Percent Comparable Sales Growth, Representing Third Consecutive Quarter of Positive Comparable Sales Growth Fourth Consecutive Quarter of Gross Margin Expansion Distributed Approximately $380 Million to Shareholders Through Share Repurchases and Dividends Year-to-Date
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