Gap's Q3: Sales Up, Profit Beats Estimates

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Fridays

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Gaps Q3 results show a promising turnaround, with a three percent sales increase and a sixty-two cent profit per share, beating estimates. This marks seven consecutive quarters of positive comparable sales, driven by a five percent rise in same-store sales and strong adjusted earnings. The stock responded positively, rising nearly five percent after the announcement.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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