Old Navy

Stella McCartney to design kids collection for Gap

source: Forbes

In May, Gap reported a first-quarter profit that narrowly beat Wall Street estimates as the clothing retailer benefited from cost-cutting and improvement at Old Navy stores. Revenue dropped 8 percent as same-store sales fell 8 percent. ... Stella McCartney To Collaborate With The Gap PSFK

Published Wed, Jun 10

US HOT STOCKS: Guess, Cooper, Analogic Active In Late Trading

source: Wall Street Journal

Gap Inc. (GPS, $16.94, -$1.29, -7.08%) was expected to deliver a May same-store sales upside surprise, as analyst had bet on great progress for its Old Navy turnaround. But the retailer posted a 6% drop, worse than the 5% decline that was expected. ...

Published Thu, Jun 4

Gap same-store sales down 6% in May

source: Bizjournals.com

Gap North American and Banana Republic were hit the hardest in comparable-store sales -- going down 11 percent and 14 percent, respectively. International sales were down 7 percent. Old Navy was the one Gap (NYSE: GPS) brand that saw an increase. ...

Published Thu, Jun 4

PREVIEW-Most US retailers likely saw May sales fall

source: Reuters

Dividend.com Several analysts expect continued improvement at Gap Inc's (GPS.N) lower-priced Old Navy chain, which has sold items such as $1 flip-flops and $3 T-shirts. Gap's overall same-store sales are expected to decline. Another factor weighing on shoppers' ...

Published Tue, Jun 2

What Ever Happened to the Gap?

source: caps.fool.com

In April, Old Navy reported its first positive same-store sales results in over 2 years. However, if we look at same-store sales by brand we can see it will be at least a few months before this is any reason to cheer: The one consistent bright spot for ...

Published Sun, May 31

Gap Good Enough, Campbell Soup Simmers

source: Forbes

The Gap, which operates its namesake clothing stores as well as the lower-priced Old Navy and more upscale Banana Republic brands, saw combined same-store sales fall 8% in the period. Same-store sales are considered a key indicator of a retailer's ...

Published Fri, May 22

Cost Cuts Balance Gap's Sales Decline

source: Morningstar.ca

 Canada The Gap chain did only slightly better at negative 12%, and Old Navy seems to have pulled out of its nosedive, posting comparable sales growth of just negative 3%. (All three chains were lapping same-store sales declines in the year-ago quarter as well ...

Published Fri, May 22

Ahead of the Bell: Gap profit estimates raised

source: BusinessWeek

Gap Inc. says the sales decline at its Old Navy stores slowed in the first quarter but analysts are divided on whether the retailer's broader same-store sales slump is coming to an end. Nonetheless, they hiked their earnings estimates for the year ...

Published Fri, May 22