Shares of clothing and accessories retailer Gap (NYSE:GAP)
jumped 0.6% in the morning session after it staged a minor recovery as it fell the previous trading session in response to its mixed second-quarter calendar 2025 results.
Clothing and accessories retailer Gap (NYSE:GAP) met Wall Street’s revenue expectations in Q2 CY2025, but sales were flat year on year at $3.73 billion. The company expects next quarter’s revenue to be around $3.91 billion, close to analysts’ estimates. Its GAAP profit of $0.57 per share was 4% above analysts’ consensus estimates.
Clothing and accessories retailer Gap (NYSE:GAP) met Wall Street’s revenue expectations in Q2 CY2025, but sales were flat year on year at $3.73 billion. The company expects next quarter’s revenue to be around $3.91 billion, close to analysts’ estimates. Its GAAP profit of $0.57 per share was 4% above analysts’ consensus estimates.
Shares of clothing and accessories retailer Gap (NYSE:GAP)
jumped 3.2% in the afternoon session after strong quarterly results from competitors lifted sentiment across the apparel retail sector.
GAP Inc. (NYSE:GAP) emerges as a strong value stock with low P/E ratios, solid profitability, and steady growth, ideal for value investors seeking undervalued opportunities.
A number of stocks fell in the afternoon session after a hotter-than-expected wholesale inflation report fueled concerns about slowing consumer spending.
A number of stocks jumped in the afternoon session after markets continued to rally amid growing investor optimism for a Federal Reserve interest rate cut in September. This optimism was spurred by a recent Consumer Price Index (CPI) report that did not show runaway inflation, increasing the perceived probability of a rate cut to over 90%. Lower interest rates are generally seen as a positive for the economy as they reduce borrowing costs for consumers, which can stimulate spending on non-essential goods. Consequently, investors bid up shares in the apparel, home furnishings, and automotive retail industries in anticipation of stronger consumer demand.
Shares of clothing and accessories retailer Gap (NYSE:GAP)
jumped 3% in the afternoon session after a tame inflation report boosted investor hopes for an interest rate cut from the Federal Reserve. The latest Consumer Price Index data showed the annual inflation rate held steady at 2.7%, reassuring investors who had feared that tariffs could lead to a spike in consumer prices. This milder-than-expected reading gives the Federal Reserve more flexibility to consider lowering interest rates, possibly as soon as next month. A potential rate cut could reduce borrowing costs for consumers and businesses, stimulating more spending and providing a significant boost for the retail industry. Adding to the optimism, reports of a 90-day tariff truce with China further eased concerns about future price pressures.
