Company Of The Day: Gap

November 24th, 2021 by Trefis Team
+5.32%
Upside
20.11
Market
21.18
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. Gap Stock Almost Flat This Year, What’s Next?
  2. Does Gap Stock Have More Room To Run After Rising 67% This Year?
  3. Gap Q2 Earnings: What Are We Watching?
  4. Gap Stock Has Upside Potential To Its Pre-Inflation Peak
  5. Gap’s Stock Looks Expensive At $14
  6. Will Gap Stock Trade Lower Post Q3 Results?

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