Shares of Gap were down 11% in after hours-trading on Thursday, after reporting first quarter earnings and missing expectations. According to CEO Art Peck, the quarter was “extremely challenging.” Wall Street also wasn’t thrilled to learn that the company has cut its annual profit outlook. The apparel retailer reported quarterly earnings and sales that missed … Continue reading “Gap Shares Fall After Company Reports Earnings and Misses on Both Lines”
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
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