Gap strengthens thanks to successful start of the holiday season
- Stock Rising: $GAP shares are up 13% on a positive outlook for the full year and a strong start to the holiday season.
- Exceeded expectationsEarnings per share reached 72 cents, beating estimates of 58 cents.
- Revenuedespite challenges: Revenue $GAP rose to $3.83 billion, despite the effects of hurricanes and warm weather.
- Successful guidance: Under CEO Dickson's leadership, sales grew for four consecutive quarters due to improved strategy and marketing.
The results and overall numbers don't look bad at all. I'm adding the company to my watchlist and will keep an eye on its progress.
That looks pretty interesting, thanks for the tip😃👍
Ok, well interesting, but this really isn't for me and it's not a stock I want to have in my portfolio.