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Ticker Summary (GPS)
| 23.22-0.09 (-0.39%) | |
|---|---|
| Open | 23.35 |
| High | 23.42 |
| Low | 23.07 |
| Volume | 7,237,914 |
| Market Cap | 15.9B |
| 52 Week High | 23.42 |
| 52 Week Low | 11.83 |
| P/E | 14.79 |
| F P/E | 12.40 |
| EPS | 1.57 |
| Dividend | 0.34 |
| Yield | 1.46% |
| 1 Year Target | 24.24 |
GPS 23.22 -0.39%
Gaps cost control inventory strategy seems to have paid off big for the company. Thursday the company reported a 51 percent surge in profits, as their cost cut measure helped offset the stores declining sales. The company has also reduced its capital spending forecast and plans to reduce the number of new store openings.
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