Gap Q1 Sales $3.39B Beat $3.29B Estimate
Portfolio Pulse from Benzinga Newsdesk
Gap (NYSE:GPS) reported Q1 sales of $3.39 billion, surpassing the analyst consensus estimate of $3.29 billion by 2.98%. This marks a 3.42% increase from the same period last year.
May 30, 2024 | 8:18 pm
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Gap (NYSE:GPS) reported Q1 sales of $3.39 billion, beating the analyst consensus estimate of $3.29 billion by 2.98%. This represents a 3.42% increase from the same period last year, indicating positive performance.
Gap's Q1 sales exceeding estimates and showing year-over-year growth is a positive indicator for the company's performance. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100