Gap Posts 6% EPS Gain in Fiscal Q2

Gap (NYSE:GAP), the well-known apparel retailer behind the Old Navy, Gap, Banana Republic, and Athleta brands, posted its second quarter fiscal 2025 results on Thursday, Aug. 28. The company reported flat revenue at $3.7 billion. Earnings per share came in at $0.57, outpacing the $0.55 consensus. Comparable sales, which measure sales at stores open at least a year, rose 1%, extending a string of positive results. Gross margins (GAAP) and operating profits (GAAP) slipped, with pressures from higher tariffs and last year’s one-time revenue boost falling away. Overall, the quarter matched forecasts, with GAAP profits a bit higher than Wall Street expected, but growth was modest and margins tightened.Source: Gap. Note: Fiscal 2025 second quarter ended on Aug. 2, 2025, and fiscal 2024 second quarter ended on Aug. 3, 2024.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool