Gap Stock Pops After Q4 Results: Here’s Why

Gap Inc. (NYSE:GAP) released its fourth-quarter results after Thursday’s closing bell. Here’s a look at the key details from the report. 

The Details: Gap reported quarterly earnings of 54 cents per share, which beat the analyst consensus estimate of 37 cents. Quarterly revenue clocked in at $4.1 billion, which beat the analyst consensus estimate of $4.07 billion.

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For the fourth quarter, Gap reported:

• Net sales of $4.1 billion, down 3% compared to last year, inclusive of approximately 7% of …

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