The Gap Inc. (GAP) revealed earnings for third quarter that Dropped, from last year
The company's bottom line totaled $239 million, or $0.62 per share. This compares with $274 million, or $0.72 per share, last year.
The company's revenue for the period rose 3.0% to $3.942 billion from $3.829 billion last year.
The Gap Inc. earnings at a glance (GAAP) :
-Earnings: $239 Mln. vs. $274 Mln. last year.-EPS: $0.62 vs. $0.72 last year.-Revenue: $3.942 Bln vs. $3.829 Bln last year.
The company now expects net sales growth of 1.7% to 2.0% for the full year, compared to the prior growth estimate of 1.0% to 2.0%.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.