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Gap Inc (GPS.N)

GPS.N on New York Stock Exchange

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Fri, Nov 17 2017


Abercrombie, Gap rebound spark positive trends in apparel

Abercrombie & Fitch Co's solid showing in the latest quarter and robust holiday season sales forecast on Friday reinforced a raft of earnings reports that suggest a turnaround in the apparel retailing sector. | Video

UPDATE 4-Abercrombie, Gap rebound spark positive trends in apparel

* ANF Q3 Same-store sales up 4 pct vs. est of rise of 0.3 pct

BRIEF-Gap expects Q4 selling, general, administrative costs to be up YoY

* Gap Inc- Due to hurricanes, 277 stores were closed for an average of about 6 days in Q3 -conf call

Gap beats third-quarter sales estimates, raises full-year forecasts

Gap Inc reported quarterly results that beat estimates, driven by turnaround efforts to revive its Gap and Old Navy brands, and the clothing retailer raised its 2017 earnings and same-store sales forecasts.

UPDATE 2-Gap beats 3rd-qtr sales estimates, raises full-year forecasts

* Q3 revenue $3.84 bln vs I/B/E/S est of $3.76 bln (Adds CEO quote, details from conference call, background; Updates share price)

BRIEF-GAP reports Q3 earnings per share of $0.58

* Q3 earnings per share view $0.54 -- Thomson Reuters I/B/E/S

Gap's same-store sales beat estimates

Nov 16 Clothing retailer Gap Inc's quarterly same-store sales beat estimates, as it sold more lower-priced apparel under the Old Navy brand and reined in discounts.

BRIEF-Greenlight Capital dissolves stake in Alcoa, raises in Hewlett Packard Enterprise

* Greenlight Capital Inc dissolves share stake in Alcoa Corp - SEC filing

BRIEF-Gap appoints Chris O'Neill to its board of directors

* Gap Inc - ‍chris O'Neill has been elected to serve on Gap Inc. board of directors, effective February 4, 2018​

BRIEF-Gap Inc says director William Fisher reports open market sale of 300,000 shares of common stock

* Gap Inc says director William Sydney Fisher reports open market sale of 300,000 shares of common stock at average price of $27.98per share on Sept 19 - SEC filing

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