Reported 2 days ago
Gap recently reported impressive fourth quarter earnings that exceed profit expectations, positioning the company to navigate challenges posed by U.S. tariffs and market conditions. The retailer's stock surged 17% in after-hours trading, bolstered by positive performance across various divisions, including Old Navy and Banana Republic. With adjusted forecasts for 2025 and strategic shifts in production sourcing, Gap appears to be on a solid trajectory for growth amidst a tough retail climate.
Source: YAHOO