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Company

Gap Inc.

Gap Inc. owns 4 fashion and beauty brands in our graph. 4 are fashion.

Company disclosureas of · verified

History of Gap Inc.

3 cited acquisitions · 60 dated events · 4 types

Acquisitions

Derived from this page

2023

2022

  • Earnings · Financial · gap

    Net sales of $3.86 billion, down 8% compared to last year.

    second quarter sales: “Forward-looking statements include statements regarding the following: winning in any macroenvironment; Old Navy’s growth potential; Athleta’s growth potential; Athleta’s long-term revenue CAGR; delivering long-term value and profitable growth; leveraging our portfolio to compete and win; reducing inventory in the second half of 2022; impairing unproductive inventory; reducing future receipts; rebalancing our assortments; reducing overhead/operating costs and related actions; reevaluating technology, digital and marketing investments; fortifying our balance sheet; expected Athleta and Old Navy store openings in 2022; expected Gap and Banana Republic store closures in 2022; maintaining core category leadership in the second half of 2022; Old Navy’s value positioning to attract customers; adding balance and relevance to Old Navy’s assortment; maintaining Old Navy’s leadership in Denim, Active, and Kids & Baby; optimizing Old Navy’s BODEQUALITY offering in stores; stocking core sizes at Old Navy; fixing category mix imbalances at Gap; market share gains for Athleta; Athleta’s positioning for the second half of 2022; capitalizing on secular shifts and growth in health and wellness at Athleta; driving outsized growth at Athleta in the long-term; the expected benefits of having cleared unproductive inventory in the second quarter of 2022; air freight expense in the second half of 2022; inflationary cost deleverage in the second half of 2022; ROD in the second half of 2022; inventory growth in the second half of 2022; leaning into our responsive levers in 2023 to align inventory with demand; the timing of expected benefits from operating expense reductions; the expected benefit of the planned sale of our UK Distribution Center; our pack and hold strategy and its expected benefits; our ability to integrate pack and hold inventory with future assortments; inventory improvement and productivity; our brands taking advantage of reinstated responsive capabilities and chasing into demand in 2022 and 2023; ending inventories for the third and fourth quarters of 2022; cash levels in the second half of 2022 and 2023; expected capital expenditures in 2022; our dividend policy; our share repurchase program; delivering growth, margin expansion, and long-term shareholder value; optimizing profitability and cash flow in the near term; our strategic direction and potential; and revenue expectations generally in the second half of 2022.”

    SEC filingas of

  • Earnings · Financial · gap

    The company’s fourth quarter fiscal year 2021 net sales of $4.5 billion were down 3% compared to 2019.

    fiscal year earnings: “REPORTS FOURTH QUARTER AND FISCAL YEAR 2021 RESULTS; PROVIDES 2022 OUTLOOK Fourth quarter 2021 net sales of $4.5 billion increased 2% year-over-year and were down 3% compared to 2019; Comparable sales were up 3% year-over-year and increased 3% versus 2019 Fiscal year 2021 net sales of $16.7 billion increased 21% year-over-year and were up 2% compared to fiscal year 2019; Comparable sales were up 6% year-over-year and increased 8% versus 2019 Fiscal year 2021 reported diluted earnings per share was $0.67 with adjusted diluted earnings per share of $1.44 Returned over $400 million to shareholders in fiscal 2021 through dividend program and share repurchase plan Fiscal year 2022 reported diluted earnings per share is expected to be in the range of $1.95 to $2.15 with adjusted diluted earnings per share in the range of $1.85 to $2.05 SAN FRANCISCO – March 3, 2022 – Gap Inc.”

    fiscal year margin: “Operating Margin: The company expects to deliver operating margin of 6.3% to 6.8% on a reported basis and 6.0% to 6.5% on an adjusted basis in fiscal year 2022.”

    fiscal year sales: “The company provided the following additional guidance: Net Sales: The company expects fiscal year 2022 revenue growth to be in the low single-digit range versus fiscal year 2021 with first quarter net sales expected to be down mid to high-single digits versus the first quarter of 2021.”

    SEC filingas of

2021

2020

2019

2018

Data Provided by Databento

Limits. Cited acquisitions, sales, and stakes are graph edges. Brand-level signals sit below them. This is not a company-only ledger. Uncited events stay off the page.

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