Just Style (Free subscription) | yesterday
Same-store sales at Gap Inc fell by 10% in November, with declines across all its chains as it turned to "aggressive offers" to shift merchandise.
Business Wire (Free subscription) | yesterday
SAN FRANCISCO--(BUSINESS WIRE)--Gap Inc. (NYSE:GPS) today reported net sales of $1.39 billion for the four-week period ended November 29, 2008, which represents a 10 percent decrease compared with net sales of $1.54
The East Bay Business Times (Free subscription) | yesterday
Gap Inc. announced net sales of $1.39 billion for the four weeks ended Nov. 29, a 10 percent decrease compared to net sales of $1.54 billion for the same period a year ago.
BloggingStocks (Free subscription) | yesterday
Filed under: Earnings reports , Gap Inc (GPS) , Abercrombie and Fitch (ANF) Youth-retailer Aeropostale (NYSE: ARO ) had a much better third quarter than I thought it would have. I was expecting a lower earnings growth rate and a worse performance in terms of same-store sales. Diluted earnings per share actually rose over 30%, coming in at $0.63. Way to go. And this performance beat expectations by...
Global Financial News (Free subscription) | yesterday
Filed under: Earnings reports , Gap Inc (GPS) , Abercrombie and Fitch (ANF) Youth-retailer Aeropostale (NYSE: ARO ) had a much better third quarter than I thought it would have. I was expecting a lower earnings growth rate and a worse performance in terms of same-store sales. Diluted earnings per share actually rose over 30%, coming in at $0.63. Way to go. And this performance beat expectations by...
Oklahoma Women's Network Blog (Free subscription) | yesterday
Major employers such as Gap Inc., Kaiser Permanente, Liz Claiborne Inc., Macy’s and Verizon Wireless, along with leading Employee Assistance Programs (EAP) providers including Ceridian, CIGNA, Magellan Health Services, OptumHealth, ValueOptions and others, announced a new national plan to better assist employees who are victims of domestic violence. The plan, called the S2 Blueprint for Action, outlines...
Environmental Leader (Free subscription) | 01/12/2008
Kindley Walsh-Lawlor, senior director of Social Responsibility and Environmental Affairs with Gap Inc., shared her insights into the company’s future journey towards sustainability with Green Business Innovators (via Triple Pundit). Walsh-Lawlor says a key to Gap’s success will be consistent brand communication. She says the company will need to tie the two fundamental pieces of the [...]
brownstoner (Free subscription) | 01/12/2008
The holiday shopping season got off to a better-than-expected start, as retailers reeled in cautious shoppers with massive discounts like "buy one get one free" sweaters at Gap Inc. stores, $200 iPod Touch music players from Amazon.com Inc., and 26-inch...
Holidaysales Blog (Free subscription) | 27/11/2008
Many stores and shopping centers opened earlier than usual this year in hopes of capturing shoppers. Gap Inc. opened about 80 of its Gap, Banana Republic and Old Navy stores on Thanksgiving, more than double the number it kept open last year and mostly in major cities like Chicago, New [...]
Seeking Alpha (Free subscription) | 27/11/2008
Not the most orthodox manner in which to learn how the retail environment is in other countries, but it's informative. From Gap Inc.’s FQ308 conference call: I think Canada is affected to what is going on here but still actually a pretty good retail environment for us. The U.K. is as bad as it is in the U.S. Business there is mostly rooted in London but it is not a good retail environment. I would...
BloggingStocks (Free subscription) | 26/11/2008
Filed under: Earnings reports , Wal-Mart (WMT) , Target Corp. (TGT) , Gap Inc (GPS) , Abercrombie and Fitch (ANF) American Eagle Outfitters (NYSE: AEO ), whose competitors at the mall include Abercrombie & Fitch (NYSE: ANF ) and Gap (NYSE: GPS ), is part of a sector I'm not much of a fan of currently: retail. Just saying the word aloud makes it sound repulsive these days. Don't get me wrong, retail...
SeekingAlpha Retail Stocks (Free subscription) | 25/11/2008
Luxury retailers are being hit the hardest in this downturn. More depressing news from apparel manufacturers below--except jeans, which seem to rise above all trends. Looks like luxury and consumer discretionary ETFs can expect more pain: From Gap Inc.'s FQ308 conference call: ( GPS) Complete Story »
Just Style (Free subscription) | 24/11/2008
In a week of dismal third quarter results from US retailers, beleaguered Gap Inc managed to surprise the market with a 3.4% rise in third quarter profit to $246m. Admittedly the income boost was achieved by cost cutting, higher margins and reduced inventory levels - rather than better sales - but it did also affirm its earnings guidance for the year. The worry, however, is what will happen when the...
BloggingStocks (Free subscription) | 22/11/2008
Filed under: Earnings reports , Wal-Mart (WMT) , Target Corp. (TGT) , Gap Inc (GPS) , Abercrombie and Fitch (ANF) The Dow was up nearly 500 points on Friday. Everything's fine, right? Not on your life. It's going to be a lousy Christmas for mall retailers such as Gap (NYSE: GPS) and Abercrombie & Fitch (NYSE: ANF ), and it might be especially lousy for AnnTaylor (NYSE: ANN ). What a pathetic story...
BloggingStocks (Free subscription) | 22/11/2008
Filed under: Earnings reports , PepsiCo (PEP) , Walt Disney (DIS) , Target Corp. (TGT) , Corning Inc (GLW) , Gap Inc (GPS) , Intuit Inc (INTU) , Limited Brands (LTD) , salesforce.com inc (CRM) Here are some highlights from this past week's earnings coverage from BloggingStocks: Barnes & Noble Inc. (NYSE: BKS ) swung to a Q3 loss as same-store sales fell, and it lowered its outlook. Corning Inc. (NYSE:...
