Gap is seeing its turnaround efforts taking hold, but the retailer still faces tariff threats and slower momentum at sister brands Banana Republic and Athleta.
I see Gap as a compelling value buy after its recent dip, with a low P/E and strong balance sheet supporting my bullish stance. Gap's core brands are showing solid comparable sales growth, especially Old Navy and Gap, despite macroeconomic headwinds and weak guidance for Q2. The company's healthy net cash position and increased dividend yield (~3.2%) make it attractive for income-focused invest...
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.
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