Reported about 7 hours ago
Gap's shares jumped 15% in premarket trading as the retailer forecasts strong sales growth across its brands, marking a promising start to the holiday shopping season. Following an upturn in sales for its struggling brands, CEO Richard Dickson's efforts to enhance the in-store experience and cater to consumer demand for trendy items have contributed to a raised annual sales outlook. Despite a compressed shopping season, Gap aims to leverage new marketing strategies and product offerings to capture a larger market share.
Source: YAHOO