Gap, Inc.

NYSE:GPS   2:13:39 PM EDT
+0.58 (+1.84%)
Other Pre-Announcement

Gap Reports Q1 Earnings Per Share Of $0.43

Published: 05/27/2021 20:35 GMT
Gap, Inc. (GPS) - Gap Inc - Q1 Earnings per Share $0.43, Q1 Adjusted Earnings per Share $0.48.
Gap Inc - Q1 Comparable Sales Increased 28% Year-over Year.
Gap Inc - Sees FY Reported EPS to Be in Range of $1.55 to $1.70, FY Adjusted EPS to Be in Range of $1.60 to $1.75.
Gap Inc - Q1 Net Sales $3.99 Billion Versus $2.11 Billion.
Gap Inc - Sees FY Sales Growth Up Low-to Mid-twenty Percent Range Versus 2020.
Gap Inc - Q1 Banana Republic Comparable Sales Down 22% Versus 2019.
Gap Inc Q1 Earnings per Share View $-0.05, Revenue View $3.44 Billion -- Refinitiv Ibes Data (analyst estimates).
Gap Inc - Q1 Old Navy Comparable Sales Up 25% Versus 2019.
Gap Inc - Continues to Expect Capital Spending to Be Approximately $800 Million for Fiscal Year 2021.
Gap Inc - Now Expects Inventory Growth at End of the Second Quarter of Up High-single Digits to Mid-teens Versus the Year Ago Quarter.