The Gap, Inc. (GAP) Q1 2025 Earnings Call Transcript

Call Start: 17:00 January 1, 0000 6:03 PM ET

The Gap, Inc. (NYSE:GAP)
Q1 2025 Earnings Conference Call
May 29, 2025, 05:00 PM ET

Company Participants

Whitney Notaro - Head of IR
Richard Dickson - President and CEO
Katrina O'Connell - CFO

Conference Call Participants

Alex Straton - Morgan Stanley
Adrienne Yih - Barclays
Matthew Boss - JPMorgan
Lorraine Hutchinson - Bank of America
Dana Telsey - Telsey Group
Paul Lejuez - Citigroup
Ike Boruchow - Wells Fargo
Simeon Siegel - BMO Capital Markets

Operator

Good afternoon, ladies and gentlemen. I would like to welcome everyone to the Gap, Inc. First Quarter 2025 Earnings Conference Call. [Operator Instructions]. At this time, all participants are in a listen only mode. I would now like to introduce your host, Whitney Notaro, Head of Investor Relations.

Whitney Notaro

Good afternoon, everyone. Welcome to Gap, Inc.’s First quarter fiscal 2025 earnings conference call. Before we begin, I'd like to remind you that the information made available on this conference call contains forward-looking statements that are subject to risks that could cause our actual results to be materially different. For information factors that could cause our actual results to differ materially from any forward-looking statements, please refer to the cautionary statements contained in our latest earnings release, the risk factors described in the company's annual report on Form 10-K filed with the Securities and Exchange Commission on March 18, 2025, and any subsequent filings with the Securities and Exchange Commission, all of which are available on gapinc.com.

These forward-looking statements are based on information as of today, May 29, 2025, and we assume no obligation to publicly update or revise our forward looking statements. Our latest earnings release and the accompanying materials available on gapinc.com also include descriptions and reconciliations of financial measures not consistent with generally accepted accounting