Gap Now Sees FY24 Net Sales Up Slightly On A 52-Week Basis (Prior View Roughly Flat)
Portfolio Pulse from Benzinga Newsdesk
Gap Inc. has revised its FY24 net sales outlook to show a slight increase on a 52-week basis, compared to its previous forecast of roughly flat sales.
May 30, 2024 | 8:21 pm
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Gap Inc. has updated its FY24 net sales forecast to reflect a slight increase on a 52-week basis, improving from its prior view of flat sales.
The revision of Gap Inc.'s FY24 net sales outlook to a slight increase suggests improved business performance and potential revenue growth, which is likely to positively impact the stock price in the short term.
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