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Stock Market & Financial Investment News

News Breaks
May 9, 2014
10:50 EDTGPS, ARO, EXPR, ANF, APPGap advances after April sales beat expectations
Shares of specialty apparel company The Gap (GPS) are rising after the company’s April same-store sales and its first quarter revenue beat expectations. WHAT'S NEW: Last night, Gap reported first quarter revenue of $3.77B, topping the consensus view of $3.69B. The company’s comparable sales for Q1 decreased 1%. Gap reported April same-store sales increased 9%, with Gap brand comparable sales up 3%; Banana Republic SSS up 7% and Old Navy up 18%. WHAT’S NOTABLE: Gap forecast Q1 earnings per share of 56c-57c, ahead of expectations of 53c. The company expects that for Q1 its gross margins will decline less than the year-over-year decline in Q4. In addition, the company expects Q1 operating expenses to be slightly above last year. PRICE ACTION: In morning trading, Gap is up $1.58, or about 4%, to $40.82 on heavy trading volume. Including today’s advance, the stock has gained about 5% over the past twelve months. OTHERS TO WATCH: Others in the apparel space include Abercrombie & Fitch (ANF), Aeropostable (ARO), American Apparel (APP), and Express (EXPR).
News For GPS;ANF;ARO;APP;EXPR From The Last 14 Days
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February 11, 2016
09:03 EDTANF, EXPRExpress, Abercrombie & Fitch spring outlook positive, says BMO Capital
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08:25 EDTGPS, EXPRUBS to hold a trip
Spring Mall Crawl visits various companies in the malls in Atlanta, Georgia on February 11.
February 8, 2016
19:07 EDTGPSOn The Fly: After Hours Movers
HIGHER: Silver Spring (SSNI), up 22.2% after giving fourth quarter and fiscal 2016 guidance... Gap (GPS), up 2.8% after reporting January Same-Store Sales and giving guidance for Q4 as well as FY15. DOWN AFTER EARNINGS: Qualys (QLYS), down 6.7%... Twenty-First Century Fox (FOXA, FOX), down 4.4% and 2.3%, respectively... Compass Minerals (CMP), down 3.5%... Bristow Group (BRS), down 2.5%.
17:00 EDTGPSGap narrows FY15 EPS view to $2.41-$2.42 from prior $2.38-$2.42, consensus $2.36
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16:22 EDTGPSGap reports Q4 SSS down 7%
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16:21 EDTGPSGap reports Q4 revenue $4.39B, consensus $4.46B
16:20 EDTGPSGap sees Q4 EPS 56c-57c, consensus 53c
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16:19 EDTGPSGap narrows FY15 EPS view to $2.41-$2.42, consensus $2.36
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16:17 EDTGPSGap reports January SSS down 8%
Gap Inc.'s comparable sales for January 2016 were down 8 percent versus negative 3 percent last year. Comparable sales by global brand for January 2016 were as follows: Gap Global: negative 6 percent versus negative 9 percent last year; Banana Republic Global: negative 17 percent versus positive 2 percent last year Old Navy Global: negative 6 percent versus positive 3 percent last year.

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