Gap Still Has More to Prove Despite Gains
The near single-minded focus Gap (NYSE: GPS) has placed on the Old Navy brand looks to be paying off. The retailer in mid-November reported its fourth consecutive quarter of higher same-store sales and even managed to post higher comps at its namesake chain.
Gap expects Old Navy to reach $10 billion in sales over the next few years, and it remains the largest contributor of revenue to Gap, accounting for nearly half of the recent quarterly total of $3.8 billion.
Image source: Getty Images.
Source: Fool.com
Gap Inc. Aktie
19,88 €
-7,87 %
Positive Tendenz bei Gap Inc. mit mehreren Buy-Einschätzungen als Sell-Einschätzungen.
Das Community-Kursziel von 23 € für Gap Inc. deutet auf ein leicht positives Wachstumspotenzial gegenüber 19.88 € hin.
