Company Of The Day: Gap

-34.17%
Downside
27.45
Market
18.07
Trefis
GPS: Gap logo
GPS
Gap

What?

Gap (NYSE:GPS) posted a weaker than expected set of Q3 results and cut its revenue growth outlook for the full year to 20%, down from its previous estimate of 30%.

Why?

Relevant Articles
  1. Does Gap Stock Have More Room To Run After Rising 67% This Year?
  2. Gap Q2 Earnings: What Are We Watching?
  3. Gap Stock Has Upside Potential To Its Pre-Inflation Peak
  4. Gap’s Stock Looks Expensive At $14
  5. Will Gap Stock Trade Lower Post Q3 Results?
  6. Gap’s Q2 Earnings Preview: What Are We Watching?

Gap faces meaningful supply chain challenges, amid factory closures in Vietnam and constraints with shipping capacity.

So What?

Gap stock declined by almost 16% in after-hours trading on Tuesday.

See Our Complete Analysis For Gap

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since 2016.

Invest with Trefis Market Beating Portfolios
See all Trefis Price Estimates