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Ticker Summary (GPS)

22.68+0.31 (+1.39%)
Open 22.19
High 22.71
Low 22.09
Volume 9,097,428
Market Cap 15.6B
52 Week High 23.36
52 Week Low 10.81
P/E 14.45
F P/E 11.90
EPS 1.57
Dividend 0.34
Yield 1.52%
1 Year Target 24.20

GPS 22.68 +1.39%

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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2 years 93 days ago by Tim

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