We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Gap Inc | NYSE:GPS | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 1.19 | 5.16% | 24.145 | 24.18 | 23.14 | 23.29 | 5,534,427 | 20:57:09 |
From Jul 2019 to Jul 2024
By Aisha Al-Muslim
Gap Inc. (GPS) lowered its earnings and sales guidance Thursday for fiscal year 2019.
The company now expects adjusted earnings per share of $2.05 to $2.15, down from its previous outlook of $2.40 to $2.55 a share, which excluded the estimated costs related to the Gap brand fleet restructuring.
As part of the restructuring, the company had said earlier this year it will close about 230 Gap specialty stores over the next two years.
The company now also expects same-store sales for the fiscal year to be down low single digits, compared with its prior guidance of flat or up slightly.
The stock fell more than 11% to $18.31 in after-hours trading. Shares are down about 29% in the last year.
Write to Aisha Al-Muslim at aisha.al-muslim@wsj.com
(END) Dow Jones Newswires
May 30, 2019 17:01 ET (21:01 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Gap Chart |
1 Month Gap Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
