(VIANEWS) – Shares of Gap (NYSE: GPS) rose by a staggering 29.63% in 21 sessions from $11.78 to $15.27 at 16:25 EST on Friday, after three sequential sessions in a row of gains. NYSE is falling 0.83% to $15,988.04, after three successive sessions in a row of gains.
Gap’s last close was $14.80, 19.83% under its 52-week high of $18.46.
The Gap, Inc. operates as an apparel retail company. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, and Athleta brands. Its products include denim, tees, fleece, and khakis; eyewear, jewelry, shoes, handbags, and fragrances; and fitness and lifestyle products for use in yoga, training, sports, travel, and everyday activities for women and girls. The company offers its products through company-operated stores, franchise stores, Websites, third-party arrangements, and catalogs. It has franchise agreements with unaffiliated franchisees to operate Old Navy, Gap, Athleta, and Banana Republic stores and websites in Asia, Europe, Latin America, the Middle East, and Africa. As of December 31, 2021, the company had 2,835 company-operated stores and 564 franchise stores. It also provides its products through e-commerce sites. The Gap, Inc. was incorporated in 1969 and is headquartered in San Francisco, California.
Earnings Per Share
As for profitability, Gap has a trailing twelve months EPS of $-1.78.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -14.24%.
Year-on-year quarterly revenue growth declined by 8.4%, now sitting on 15.8B for the twelve trailing months.
Today’s last reported volume for Gap is 8437614 which is 0.33% below its average volume of 8191460.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 100% and positive 550% for the next.
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