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Stock Market & Financial Investment News

News Breaks
March 1, 2014
15:30 EDTGPSGap plans to expand store count in China, WSJ says
U.S clothing retailer Gap plans to open 25 Gap stores and up to 10 Gap outlet stores in China in 2014, says the Wall Street Journal. In an interview, Jeff Kirwan, president of Gap's China division, said, "The opportunity in China is undeniable," added the Wall Street Journal. The Gap currently has 80 stores in the country. Reference Link
News For GPS From The Last 14 Days
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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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