Gap Inc. Reports Fourth Quarter and Fiscal 2022 Results
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Gap, Inc. (GPS) Misses Q4 EPS by 28c, Offers FY23 Outlook
March 9, 2023 4:16 PM ESTGap, Inc. (NYSE: GPS) reported Q4 EPS of ($0.75), $0.28 worse than the analyst estimate of ($0.47). Revenue for the quarter came in at $4.24 billion versus the consensus estimate of $4.36 billion.
Comparable sales down 5% year-over-year.Fiscal 2023 Outlook:
We moved swiftly in fiscal 2022 to manage the levers in our control and took action to drive immediate and long-term improvements in our business during what proved to be a challenging year. While we are better... More
