Gap shares are trading higher after the company reported better-than-expected Q1 adjusted EPS results and issued guidance.
Portfolio Pulse from Benzinga Newsdesk
Gap Inc. reported better-than-expected Q1 adjusted EPS results and issued guidance, leading to an increase in its share price.
May 26, 2023 | 12:20 pm
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Gap Inc. shares are trading higher due to better-than-expected Q1 adjusted EPS results and issued guidance.
Gap Inc. reported better-than-expected Q1 adjusted EPS results, which is a positive indicator of the company's financial performance. Additionally, the company issued guidance, providing investors with more clarity on its future prospects. This combination of positive news has led to an increase in Gap's share price.
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