(VIANEWS) – Shares of Gap (NYSE: GPS) slid by a staggering 29.93% in 21 sessions from $13.73 to $9.62 at 13:38 EST on Wednesday, after five successive sessions in a row of losses. NYSE is sliding 3.04% to $14,489.90, following the last session’s upward trend.
Gap’s last close was $9.98, 35.74% below its 52-week high of $15.53.
About Gap
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. The company 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 2.05%.
More news about Gap (GPS).
