HomeInvestingEarningsGap Inc. (GPS) Gaps Lower Post Earnings
Gap Inc. (GPS) Gaps Lower Post Earnings

Gap Inc. (GPS) stock price is under pressure today. Shares are down after Gap announced their earnings report with a leadership shakeup, as well as different ways that they are restructuring. Gap’s brands include Banana Republic, Old Navy, and Athleta. “These brands are suffering on a secular level. Gap missed on EPS and revenue on their earnings call. For the full year, the retailer’s sales were down 6%. The GPS stock has given up all its gains from the past six months,” says George Tsilis.

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