Gap Inc. Delivers Strong Q4 Results With Old Navy Leading Sales Growth

Thursday, 7 March 2024, 21:38

Gap Inc. exceeded market expectations in its fourth-quarter financial report, as a result of robust sales performance at Old Navy and steady sales trends at its namesake stores. The company's stock surged in after-hours trading following the positive earnings release, showcasing investor optimism.
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Gap Inc. Delivers Strong Q4 Results With Old Navy Leading Sales Growth

Gap Inc. Q4 Earnings Report: Retailer Beats Expectations

Shares of Gap Inc. jumped after hours on Thursday after the clothing retailer reported fourth-quarter profit and sales that beat expectations. The positive performance was driven by another same-store sales gain at Old Navy and steady sales trends at its namesake stores.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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