Gap's holiday quarter was a big win. Here's what's working for the retailer.

Dow Jones

2025/03/07

MW Gap's holiday quarter was a big win. Here's what's working for the retailer.

By Claudia Assis

Gap's stock rallies nearly 20% after hours

Gap Inc. shares rose more than 18% in the extended session Thursday after the retailer reported a holiday-quarter profit that was head and shoulders above Wall Street's expectations, and it spoke of a "reinvigoration" of its brands and guided for better sales this year.

Gap's $(GAP)$ per-share profit came in at 54 cents a share, compared with FactSet consensus for 36 cents a share.

The company reported net sales of $4.1 billion for the fourth quarter, down 3% compared with last year's fourth quarter but including a negative impact from a calendar shift that meant that 2024 had one fewer week than the previous year.

Sales hit $15.1 billion for all of 2024, up 1% compared to the prior year. Gap also guided for a 1% to 2% boost for its 2025 sales, which would compare with Wall Street expectations for a flat year for revenue.

This is a developing story. It will be updated.

-Claudia Assis

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

March 06, 2025 16:39 ET (21:39 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Here's what's working for the retailer.\n</p>\n<p>\n  By Claudia Assis \n</p>\n<p>\n     Gap's stock rallies nearly 20% after hours \n</p>\n<p>\n     Gap Inc. shares rose more than 18% in the extended session Thursday after the retailer reported a holiday-quarter profit that was head and shoulders above Wall Street's expectations, and it spoke of a \"reinvigoration\" of its brands and guided for better sales this year. \n</p>\n<p>\n     Gap's <a href=\"https://laohu8.com/S/GAP\">$(GAP)$</a> per-share profit came in at 54 cents a share, compared with FactSet consensus for 36 cents a share. \n</p>\n<p>\n     The company reported net sales of $4.1 billion for the fourth quarter, down 3% compared with last year's fourth quarter but including a negative impact from a calendar shift that meant that 2024 had one fewer week than the previous year. \n</p>\n<p>\n     Sales hit $15.1 billion for all of 2024, up 1% compared to the prior year. Gap also guided for a 1% to 2% boost for its 2025 sales, which would compare with Wall Street expectations for a flat year for revenue. \n</p>\n<p>\n     This is a developing story. It will be updated. \n</p>\n<p>\n     -Claudia Assis \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 06, 2025 16:39 ET (21:39 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GAP","symbol_name":"Gap, Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2517115169","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517115169","pubTimestamp":1741297140,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Gap Inc. shares rose more than 18% in the extended session Thursday after the retailer reported a holiday-quarter profit that was head and shoulders above Wall Street's expectations, and it spoke of a \"reinvigoration\" of its brands and guided for better sales this year.Gap's  per-share profit came in at 54 cents a share, compared with FactSet consensus for 36 cents a share.The company reported net sales of $4.1 billion for the fourth quarter, down 3% compared with last year's fourth quarter but including a negative impact from a calendar shift that meant that 2024 had one fewer week than the previous year.Sales hit $15.1 billion for all of 2024, up 1% compared to the prior year. 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Here's what's working for the retailer.\n\n\n  By Claudia Assis \n\n\n     Gap's stock rallies nearly 20% after hours \n\n\n     Gap Inc. shares rose more than 18% in the extended session Thursday after the retailer reported a holiday-quarter profit that was head and shoulders above Wall Street's expectations, and it spoke of a \"reinvigoration\" of its brands and guided for better sales this year. \n\n\n     Gap's $(GAP)$ per-share profit came in at 54 cents a share, compared with FactSet consensus for 36 cents a share. \n\n\n     The company reported net sales of $4.1 billion for the fourth quarter, down 3% compared with last year's fourth quarter but including a negative impact from a calendar shift that meant that 2024 had one fewer week than the previous year. \n\n\n     Sales hit $15.1 billion for all of 2024, up 1% compared to the prior year. 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