$GPS (The Gap, Inc.)

$GPS {{ '2015-10-01T19:41:59+0000' | timeago}} • SEC

$GPS's 2Q15 OpEx grew $87MM or 2.7 percentage points from 2Q14, mainly due to charges associated with store closures, staff reduction, and store asset impairment, primarily related to Gap brand incurred in 2Q15 and gain on sale of a building recognized in 2Q14. This was partly offset by favorable translation impact due to FX rate fluctuations.

$GPS {{ '2017-08-18T14:06:24+0000' | timeago}} • Webcast

$GPS stated that in terms of marketing, the company does traditional marketing with print and TV along with digital, which forms a large part. The company believes there is continued opportunity given the returns it is seeing from its marketing mix in terms of customer acquisitions or conversions and it is focused on supporting its brands.

$GPS {{ '2017-08-18T13:46:36+0000' | timeago}} • Webcast

$GPS' YTD 2017 Capex was $275MM, consistent with expectations. The company ended 2Q17 with 3,179 stores, reflecting the closure of seven company-operated stores on a net basis.

$GPS {{ '2017-08-18T13:46:17+0000' | timeago}} • Webcast

During 2Q17, $GPS’ comparable sales were up 1%. Old Navy delivered a positive 5% comp. This is against a flat comp last year and is driven by positive AUR and conversion. Gap Global comp was negative 1% against the negative 3% last year. Banana Republic comp sales were down 5% against the negative 9% last year.

$GPS {{ '2017-08-17T21:49:36+0000' | timeago}} • Infographic

$GPS The Gap Inc. Earnings AlphaGraphic: Q2 2017 Highlights

$GPS {{ '2017-08-17T20:52:09+0000' | timeago}} • Announcement

$GPS updated its reported diluted EPS guidance for FY17 to $2.12-2.20. Adjusted diluted EPS is expected to be $2.02-2.10. $GPS expects comparable sales to be flat to up slightly. Net sales for FY17 are expected to be slightly below this range driven by an expected negative FX impact YoY as well as the impact from international closures in FY16.

$GPS {{ '2017-08-17T20:44:59+0000' | timeago}} • Announcement

$GPS reported an increase in 2Q17 earnings. Net income was $271MM or $0.68 per share compared to $125MM or $0.31 per share in 2Q16. Adjusted EPS was $0.58 in 2Q17. Net sales were $3.80Bil compared with $3.85Bil last year. Comparable sales were up 1% versus a 2% decrease in the prior-year period.

$GPS {{ '2017-05-19T16:11:44+0000' | timeago}} • Infographic

$GPS The Gap, Inc. Earnings AlphaGraphics: Q1 2017 Highlights

$GPS {{ '2017-05-18T22:39:29+0000' | timeago}} • Webcast

$GPS is pleased with its penetration in ecommerce and believes it has a market share opportunity here. This varies widely across the brands. The company sees a significant opportunity in this area and believes data analytics will play an increased role in the future.

$GPS {{ '2017-05-18T22:22:20+0000' | timeago}} • Webcast

$GPS is seeing positive AUR across the brands and positive sales over traffic trends which are indicators of increasing product acceptance across the brands. This helps in driving the growth and profitability of the business. In athletics, $GPS is seeing strong store and online performance and it is bullish about this business and sector.

$GPS {{ '2017-05-18T20:43:34+0000' | timeago}} • Announcement

During 1Q17, $GPS repurchased 4.2MM shares for about $100MM and ended the first quarter of fiscal year 2017 with 396MM shares outstanding. The company expects to spend about $100MM on share repurchases in 2Q17.

$GPS {{ '2017-05-18T20:40:02+0000' | timeago}} • Announcement

$GPS reaffirmed its FY17 EPS guidance to be in the range of $1.95 to $2.05 and updated its EPS guidance for 1H17. Meanwhile,comparable sales are expected to be flat to up slightly.

$GPS {{ '2017-05-18T20:33:02+0000' | timeago}} • Announcement

Clothing retailer $GPS reported net income of $143MM, or $0.36 per share in 1Q17, compared to $127MM, or $0.32 per share in the year-over period. The earnings were helped by a 2% increase in comparable sales. Meanwhile, net sales for the quarter were flat at $3.4Bil.

$GPS {{ '2017-03-15T10:48:03+0000' | timeago}} • Announcement

$GPS appointed Mark Breitbard as President and CEO of Banana Republic. Breitbard will report to Art Peck, President and CEO $GPS, and will serve on the company’s senior leadership team. Peck will continue to directly oversee Banana Republic until Breitbard joins the company in early May.

$GPS {{ '2017-02-24T13:10:47+0000' | timeago}} • Announcement

The BoD of $GPS authorized a 1Q17 dividend of $0.23 per share. The dividend is payable on or after April 26, 2017 to shareholders of record at the close of business on April 5, 2017.

$GPS {{ '2017-02-23T22:59:53+0000' | timeago}} • Webcast

$GPS expects 1H17 EPS to decrease relative to adjusted EPS for the same period a year ago. This percentage decrease is expected to be in the high single digits. Additionally, $GPS expects inventory levels to decrease over time.

$GPS {{ '2017-02-23T22:54:53+0000' | timeago}} • Webcast

$GPS said that in 2017, the company expects foreign exchange to be a headwind and anticipates an impact of about $0.09 on EPS. This expected EPS range assumes 2017 comp sales to be flat to up slightly.

$GPS {{ '2017-02-23T22:23:08+0000' | timeago}} • Infographic

$GPS Gap Inc. Earnings AlphaGraphics: Q4 2016 Highlights

$GPS {{ '2017-02-23T21:46:23+0000' | timeago}} • Announcement

During 4Q16, $GPS opened 30 stores and closed 113 stores. At the end of the recently ended quarter, the company had 3,659 stores.

$GPS {{ '2017-02-23T21:36:40+0000' | timeago}} • Announcement

For 2017, $GPS expects EPS to be $1.95-2.05. This outlook includes the estimated negative impact of about $0.09 due to foreign currency fluctuations at current exchange rates. Comparable sales are expected to be flat to up slightly. Net sales are expected to be slightly below this range.

$GPS {{ '2017-02-23T21:32:53+0000' | timeago}} • Announcement

$GPS reported a 2.8% increase in 4Q16 profit. Net income was $220MM or $0.55 per share compared with $214MM or $0.53 per share in the prior year quarter. Net sales increased 1% to $4.43Bil and comparable sales were up 2% in the recently ended quarter. Adjusted EPS decreased 9% to $0.51.

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