Gap Stock News

Gap Inc (NYSE: GAP) shares plunged some 20% on Friday, rattled by concerns over tariffs and their potential impact on profit margins. However, according to Matt Boss, a retail analyst at JPMorgan and an Extel Analyst Hall of Famer, the market is overreacting—and there's a compelling case to buy the dip in Gap stock.

Banana Republic, Old Navy and Atheleta owner reported first-quarter earnings Friday that beat Wall Street's expectations – but warned that tariffs are a looming threat to its profit margin.

Gap Inc (NYSE:GAP)  stock is freefalling, last seen down 19.7% to trade at $22.49, after the apparel retailer issued lackluster current-quarter guidance.

Gap shares fell 20% in early trading on Friday after the Old Navy owner warned that U.S. tariffs would squeeze this year's profit, even as the apparel maker aims to soften the blow by diversifying its supply chain and investing in U.S. cotton.

The company estimates that new levies could drag on operating income by as much as $150 million.

The Gap, Inc. (NYSE:GAP ) Q1 2025 - Earnings Conference Call May 29, 2025 5:00 PM ET Company Participants Whitney Notaro - Head of IR Richard Dickson - President and CEO Katrina O'Connell - CFO Conference Call Participants Alex Straton - Morgan Stanley Adrienne Yih - Barclays Matthew Boss - JPMorgan Lorraine Hutchinson - Bank of America Dana Telsey - Telsey Group Paul Lejuez - Citigroup Ike Bor...

Gap Inc.'s stock drops after the retailer called for flat current-quarter sales.

Gap Inc (NYSE:GPS) fell more than 15% in after-hours trading on Thursday as a flat revenue forecast for the second quarter and ongoing tariff concerns overshadowed better-than-expected first-quarter results. The apparel retailer reported Q1 revenue of $3.5 billion, above estimates of $3.42 billion and up 2% year-over-year.