Latest Gap Inc News

Canoo, InMode rise; Gap, PriceSmart fall

Jul. 12, 2022 16:23 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: PepsiCo Inc., down 97 cents to $169.50. The soda and snack maker slipped with the broader market, despite reporting solid financial results. Peloton Interactive Inc.,...

Gap CEO Sonia Syngal to step down amid weak sales

Jul. 11, 2022 18:18 PM EDT

NEW YORK (AP) — Gap Inc. has announced that its CEO and president Sonia Syngal is stepping down from her role after two years on the job, effective immediately. The move, announced Monday, comes as the San Francisco-based clothing company, which operates stores under its namesake,...

Big Lots, American Eagle fall; Dell, Ulta Beauty rise

May. 27, 2022 16:39 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Gap Inc., up 48 cents to $11.60. The clothing chain gave investors a mixed financial report, with solid revenue during the first quarter but a slashed profit forecast for the year. ...

Macy's raises annual profit outlook on strong Q1 results

May. 26, 2022 18:20 PM EDT

NEW YORK (AP) — Shoppers' return to occasion dressing helped to power Macy's fiscal first-quarter results, and the department store chain raised its annual earnings outlook even as surging inflation is crimping Americans' budgets. The results announced Thursday were among the few...