Gap Posts 6% EPS Gain in Fiscal Q2

(NYSE:GAP), the well-known apparel retailer behind the Old Navy, Gap, Banana Republic, and Athleta brands, posted its second quarter fiscal 2025 results on Thursday, Aug. 28. The company reported flat revenue at $3.7 billion. Earnings per share came in at $0.57, outpacing the $0.55 consensus. Comparable sales, which measure sales at stores open at least a year, rose 1%, extending a string of positive results. Gross margins (GAAP) and operating profits (GAAP) slipped, with pressures from higher tariffs and last year’s one-time revenue boost falling away.

Overall, the quarter matched forecasts, with GAAP profits a bit higher than Wall Street expected, but growth was modest and margins tightened.

Source: Gap. Note: Fiscal 2025 second quarter ended on Aug. 2, 2025, and fiscal 2024 second quarter ended on Aug. 3, 2024.

Continue reading

Source Fool.com