Gap’s Upbeat Earnings Send Shares 26% Higher and 3 Other Reasons to Buy GPS Today

By |2024-05-31T17:38:10+00:00May 31st, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

Gap Inc. (GPS) delivered an impressive Q1 performance, beating the analyst consensus on both the top and bottom lines. The stock has climbed 26% so far in Friday’s trading session in response. Sales grew 3% to $3.4 billion in the first quarter, driven in part by stronger sales in the Old Navy brand. Analysts [...]