Previous close | 5.75 |
Open | 5.20 |
Bid | 4.05 |
Ask | 7.20 |
Strike | 22.00 |
Expiry date | 2026-01-16 |
Day's range | 5.20 - 5.30 |
Contract range | N/A |
Volume | |
Open interest | 82 |
Gap CEO Richard Dickson reveals how he is beginning to turn around the long-struggling apparel retailer.
Gap (GPS) delivered earnings and revenue surprises of 192.86% and 3.30%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?
Same-store sales growth was positive across all four of Gap’s brands: Old Navy, Gap, Banana Republic, and Athleta. The company had previously predicted growth would range in the low-to-mid teens. Under new CEO Richard Dickson, Gap has been trying to reassert its dominance within the world of fashion retailing in the hopes of staging a comeback a la Abercrombie & Fitch.