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Ticker Summary (GPS)
| 18.11+0.10 (+0.56%) | |
|---|---|
| Open | 17.79 |
| High | 18.17 |
| Low | 17.45 |
| Volume | 9,712,243 |
| Market Cap | 11.8B |
| 52 Week High | 26.34 |
| 52 Week Low | 16.19 |
| P/E | 10.59 |
| F P/E | 9.33 |
| EPS | 1.71 |
| Dividend | 0.37 |
| Yield | 2.05% |
| 1 Year Target | 23.30 |
GPS 18.11 +0.56%
Gap Inc. posted third quarter revenue up 26% due to lower marketing costs on Wednesday. Net income for the company rose to $238 million or 30 cents per share compared to 23 cents per share last year. CEO, Glen Murphy, stated that the company is preparing for a rough holiday season with same store sales down 5% for the quarter. He stated that the tough economical environment would lower sells this holiday season.
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