The GAP Inc profit up 25%, Board to Buyback $2.4B of its Shares. Chartpoppers.com releases a timely Investment overview on The Gap Inc.
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(EMAILWIRE.COM, November 20, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company The Gap Inc. (NYSE:GPS)
The Consolidated Investment Analysis on The Gap Inc. (NYSE:GPS) will be in particular interest to other companys in the Services sector, such as Nordstrom, Inc. (NYSE:JWN), Urban Outfitters Inc.(NASDAQ: URBN) and Abercombie & Fitch Co. (NYSE:ANF)
The Gap, Inc. is a global specialty retailer offering clothing, accessories and personal care products for men, women, children and babies under the Gap, Old Navy, Banana Republic, Piperlime and Athleta brands. The Company operates stores in the United States, Canada, the United Kingdom, France, Ireland and Japan
Recent News on The Gap Inc. (NYSE:GPS)
Apparel retailer Gap Inc (GPS.N) said on Thursday that quarterly net income rose by 25 percent, meeting Wall Street estimates, helped by improved profit margins and rebounding sales at its Old Navy chain.
The retailer, owner of the Gap, Old Navy and Banana Republic chains, also said its board of directors had authorized a new $500 million share repurchase program.
The company's shares were slightly down in extended trading.
Gap, which operates more than 3,000 stores in the United States and abroad, has been streamlining its operations to combat a longtime sales slide at its main Gap brand, where the company has been working to improve its merchandise.
Third-quarter net profit was $307 million, or 44 cents per share, up from $246 million, or 35 cents per share, a year earlier. Analysts on average forecast earnings of 44 cents per share, according to Thomson Reuters I/B/E/S.
As previously reported, total revenue rose 1 percent in the quarter to $3.59 billion.
To view the Consolidated Investment Analysis on The Gap Inc. (NYSE:GPS) Please visit the stock pulse page at www.chartpoppers.com/stock%20pulse/
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. We try to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas to a in depth coverage of what’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com/about/
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
The Consolidated Investment Analysis on The Gap Inc. (NYSE:GPS) will be in particular interest to other companys in the Services sector, such as Nordstrom, Inc. (NYSE:JWN), Urban Outfitters Inc.(NASDAQ: URBN) and Abercombie & Fitch Co. (NYSE:ANF)
The Gap, Inc. is a global specialty retailer offering clothing, accessories and personal care products for men, women, children and babies under the Gap, Old Navy, Banana Republic, Piperlime and Athleta brands. The Company operates stores in the United States, Canada, the United Kingdom, France, Ireland and Japan
Recent News on The Gap Inc. (NYSE:GPS)
Apparel retailer Gap Inc (GPS.N) said on Thursday that quarterly net income rose by 25 percent, meeting Wall Street estimates, helped by improved profit margins and rebounding sales at its Old Navy chain.
The retailer, owner of the Gap, Old Navy and Banana Republic chains, also said its board of directors had authorized a new $500 million share repurchase program.
The company's shares were slightly down in extended trading.
Gap, which operates more than 3,000 stores in the United States and abroad, has been streamlining its operations to combat a longtime sales slide at its main Gap brand, where the company has been working to improve its merchandise.
Third-quarter net profit was $307 million, or 44 cents per share, up from $246 million, or 35 cents per share, a year earlier. Analysts on average forecast earnings of 44 cents per share, according to Thomson Reuters I/B/E/S.
As previously reported, total revenue rose 1 percent in the quarter to $3.59 billion.
To view the Consolidated Investment Analysis on The Gap Inc. (NYSE:GPS) Please visit the stock pulse page at www.chartpoppers.com/stock%20pulse/
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. We try to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas to a in depth coverage of what’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com/about/
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
