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GAP beat Q1 estimates and rallied 31% in 3 months - so why did the stock plunge 15%? Tariff risks and brand struggles may hold the answer.
Banana Republic, Old Navy and Atheleta owner reported first-quarter earnings Friday that beat Wall Street's expectations – but warned that tariffs are a looming threat to its profit margin.
Gap Inc. stock is sinking despite reporting better-than-expected first quarter earnings results as tariff concerns weigh on the retailer's outlook. Gap Inc. CEO Richard Dickson sits down with Yahoo Finance Executive Editor Brian Sozzi to break down the quarter and explain how the company is navigating trade headwinds.
Gap Inc (NYSE:GAP) stock is freefalling, last seen down 19.7% to trade at $22.49, after the apparel retailer issued lackluster current-quarter guidance.
LMT secures $509M Air Force contract to build GPS III satellites with advanced anti-jamming technology, boosting its space and defense leadership.
U.S. stock futures were lower this morning, with the Dow futures falling around 0.1% on Friday.
CNBC's Andrew Ross Sorkin reports on the latest news.
The company estimates that new levies could drag on operating income by as much as $150 million.
While the top- and bottom-line numbers for Gap (GAP) give a sense of how the business performed in the quarter ended April 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
The Gap, Inc. (NYSE:GAP ) Q1 2025 - Earnings Conference Call May 29, 2025 5:00 PM ET Company Participants Whitney Notaro - Head of IR Richard Dickson - President and CEO Katrina O'Connell - CFO Conference Call Participants Alex Straton - Morgan Stanley Adrienne Yih - Barclays Matthew Boss - JPMorgan Lorraine Hutchinson - Bank of America Dana Telsey - Telsey Group Paul Lejuez - Citigroup Ike Boruchow - Wells Fargo Simeon Siegel - BMO Capital Markets Operator Good afternoon, ladies and gentlemen. I would like to welcome everyone to the Gap, Inc. First Quarter 2025 Earnings Conference Call.