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Gap Inc  (GPS)
Other Ticker:  
 
    Sector  Retail    Industry Retail Apparel
   Industry Retail Apparel
   Sector  Retail


 

Gap Inc

GPS's Financial Statements and Analysis



Gap Inc reported in the third quarter of 2023 net earnings per share of $0.58 a decrease by -24.68 % year on year from $0.77 and an improvement of 81.25 % from $0.32 realized in II. Quarter (Jul 29 2023).


third quarter of 2023
Earnings Per Share Revenues
$ 0.58 $  3,767 Mill
$-0.19     -24.68 % $-272M     -6.73 %



Gap Inc's Revenue fell by -6.73 % in third quarter of 2023 (Oct 28 2023) year on year, to $3,767 million and advanced by 6.17 % sequentially.


Gap Inc is

More on GPS's Income Statement



Gap Inc's net income of $218.000 million in the third quarter of 2023 decreased by -22.7 % from net earnings of $282.000 million achieved in III. Quarter a year ago.

Sequentially net earnings grew by 86.32 % from net income of $117.000 million realized in previous quarter.

More on GPS's Growth

Gap Inc Inventories
GPS's Cash flow In the third quarter of 2023 company's net cash flow was $1 million, capital expenditures grew by -171-47.95%, to $-89 millions compare to same quarter a year ago

More on GPS's Cash flow Statement


Gap Inc payed out dividend of $0.60 per share in last 52 weeks representing 46.51 % of net earning per share in trailing twelve-month period.

During the same period Gap Inc earned $ 4.14 cash per share, on a free-cash flow basis 320.62 % of net earning per share.

Book value grew by 7.55 % sequentially to $6.56 per share, -35.97% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 6.56 per share from $ 6.10.

Company issued 4.00 million shares or 1.08 % in Oct 28 2023.
Interest Coverage Ratio was 5.45. Debt Coverage Ratio was 0.62.

More on GPS's Dividends

 Market Capitalization (Millions) 9,259
 Shares Outstanding (Millions) 375
 Total Debt (Millions $) 1,488
 Revenue (TTM) (Millions $) 15,888
 Net Income (TTM) (Millions $) 502
 Cash Flow (TTM) (Millions $) 673
 Capital Exp. (TTM) (Millions $) -396
 Dividend TTM ($) 0.6 $
 Dividend Yield TTM (%) 2.39 %
 Employees (TTM) $ 129,000




Gap Inc payed out dividend of $0.60 per share in the last 52 weeks representing 46.51 % of net earning per share in trailing twelve-month period.

During the same period Gap Inc had $ 4.14 cash flow per share, on a free-cash flow basis 320.62 % of net earning per share.

Book value grew by 7.55 % sequentially to $6.56 per share, -35.97% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 6.56 per share from $ 6.10.

Company issued 4.00 million shares or 1.08 % in Oct 28 2023.
Interest Coverage Ratio was 5.45. Debt Coverage Ratio was 0.62.

More on GPS's Balance Sheets

 Market Capitalization (Millions) 9,259
 Shares Outstanding (Millions) 375
 Total Debt (Millions $) 1,488
 Revenue (TTM) (Millions $) 15,888
 Net Income (TTM) (Millions $) 502
 Cash Flow (TTM) (Millions $) 673
 Capital Exp. (TTM) (Millions $) -396
 Dividend TTM ($) 0.6 $
 Dividend Yield TTM (%) 2.39 %
 Employees (TTM) $ 129,000
   


  News about Gap Inc Earnings

Breaking News: Gap Inc's Retail Apparel Division Reports Surprising -6.734% Revenue Reduction in Q3 2023 Effort



Gap Inc., a prominent retail company, recently released its financial results for the most recent fiscal period. The financials revealed a weak performance, with declines in income and revenue compared to the previous year. While the company experienced some sequential growth, it faced challenges that impacted its overall profitability. This article aims to delve into the implications of these results and explore what lies ahead for Gap Inc.
Performance Review:
In the most recent fiscal period, Gap Inc.'s income plummeted by 24.68% to $0.58 per share, while revenue decreased by 6.734% to $3.77 billion year-on-year. However, on a sequential basis, there was a significant increase in earnings...

Sees a Sharp 8.011% Revenue Reduction in Q2, but Returns to Profitability with Impressive EPS Growth

ap Inc., a leading Retail Apparel company, recently released its financial report for the quarter ending July 29, 2023. The report showcases a significant improvement in earnings per share, marking a turnaround after experiencing dwindling revenue. Although Gap Inc.'s revenue declined as compared to the previous year's Q2, it is important to note that this fall is not unique to the company but rather reflective of challenges faced by the entire Retail Apparel sector. However, despite these obstacles, Gap Inc. managed to improve its profit margins and is expected to report significant financial gains in future earnings.
Earnings and Revenue Recovery:
According to the report, Gap Inc.'s income per shar...

Gap Inc Battles Financial Dip with Slight 5.78% Revenue Decrease in Q1 2023, Yet Shows Significant Earnings Improvement Year-on-Year

Gap Inc - A Company With Shaky Performance Despite Improvements
Gap Inc, a global clothing and accessories retailer, has reported a net loss of $-0.05 per share for the fiscal period ending April 29 2023. This is a significant improvement compared to the previous year's loss of $-0.44 per share. However, its earnings per share fell sharply from $0.44 per share in the previous financial reporting period.
The company's revenue also decreased by -5.781% to $3.28 billion from $3.48 billion in the comparable financial reporting period a year before. The revenue also tumbled sequentially by -38.154% from $5.30 billion. This suggests that Gap Inc is facing severe challenges in generating consistent, sustain...


Date modified: 2023-11-22T12:00:29+00:00





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