Why Did Gap Inc’s Revenues Decline in 2015?
Gap Inc’s net sales for 2015 declined 4% mainly driven by a fall in Gap and Banana Republic revenue. The sales decline for these brands can be attributed to domestic and international store closures and a fall in comparable sales owing to weak customer response. Revenues for the “other” segment, which includes Athleta and Intermix, also fell a little due to the closure of the Piperlime brand. However, the decline was partially offset by a marginal increase in Old Navy’s revenues coming from store expansion and comparable sales growth.
Relevant Articles
Have more questions about Gap Inc? See the links below:
- What’s Gap Inc’s Revenue & Earnings Breakdown In Terms of Brands?
- What Is Gap Inc’s Fundamental Value Based On Expected 2015 Results?
- By How Much Did Gap Inc’s Revenue & EBITDA Grow In The Last Five Years?
- How Has Gap Inc’s Revenue Composition Changed In The Last Five Years?
- By What Percentage Can Gap Inc’s Revenues Grow Over The Next Three Years?
- How Are Gap Inc’s Old Navy Revenues & Earnings Expected To Grow Over The Next Five Years?
- How Are Gap Inc’s Banana Republic Revenues & Earnings Expected To Grow Over The Next Five Years?
- How Much Revenues Can Gap Inc’s Athleta Brand Add By 2020?
Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Gap Inc
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