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Ticker Summary (GPS)

23.07+0.27 (+1.18%)
Open 22.70
High 23.07
Low 22.44
Volume 6,822,082
Market Cap 15.8B
52 Week High 23.36
52 Week Low 11.33
P/E 14.69
F P/E 12.13
EPS 1.57
Dividend 0.34
Yield 1.49%
1 Year Target 24.24

GPS 23.07 +1.18%

Gap reported Thursday that its first quarter net profit rose by 40 percent on lower inventories and fewer markdowns. Despite slower sales the company has been able to reduce its costs, which has allowed it to produce significantly higher earnings. For the first quarter Gap reported earnings of 34 cents a share compared to 22 cents a share for its first quarter earnings a year prior.

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2 years 100 days ago by Tim

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