Gap Stock News

Shares of Gap Inc (NYSE:GAP) are up 1.1% to trade at $21.91 this morning, after the retailer nudged past second-quarter earnings estimates with $0.57 per share, but came in below revenue expectations at $3.73 billion.

The Gap's turnaround faces headwinds from Athleta weakness and rising tariffs, but Old Navy and Gap brands show steady performance. Management reaffirmed modest sales growth, but raised tariff cost guidance, impacting operating income and prompting a capex cut. Gap's strong balance sheet, secure dividend, and potential for increased buybacks support the investment case despite near-term pressures.

The Gap, Inc. (NYSE:GAP ) Q2 2025 Earnings Conference Call August 29, 2025 5:00 PM ET Company Participants Katrina O'Connell - Executive VP & CFO Richard Dickson - CEO, President & Director Whitney Notaro - Head of Investor Relations Conference Call Participants Alexandra Ann Straton - Morgan Stanley, Research Division Brooke Siler Roach - Goldman Sachs Group, Inc., Research Division Dana Laure...

Gap's CEO touted the success of its "Better in Denim" ad campaign on an earnings call Thursday. He said the ad got more views in three days than the brand's four prior releases combined.

In a Thursday interview with CNBC's Jim Cramer, Gap CEO Richard Dickson reviewed the apparel maker's recent quarter and addressed how tariffs will affect business. "There are things that you can control and there are things that you can't control," Dickson said.

Shares of Gap Inc. slid after hours on Thursday after the clothing retailer reported second-quarter sales trends and a third-quarter forecast that disappointed Wall Street.

Gap on Thursday forecast weaker annual operating margin growth after posting quarterly comparable sales below estimates, driven by impacts from tariffs on imports of goods to the U.S., sending its shares down about 10% in extended trading.

Gap posted mixed fiscal second-quarter results, beating on earnings per share but missing on revenue, driven by declines at its athleisure brand Athleta. The specialty apparel company behind Old Navy, Banana Republic, Athleta and its namesake banner is two years into CEO Richard Dickson's turnaround plan.