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Gap Non-GAAP EPS of -$0.02 beats by $0.12, revenue of $4.53B beats by $40M

Mar. 03, 2022 4:19 PM ETThe Gap, Inc. (GPS)By: Pranav Ghumatkar, SA News Editor4 Comments
  • Gap press release (NYSE:GPS): Q4 Non-GAAP EPS of -$0.02 beats by $0.12.
  • Revenue of $4.53B (+2.5% Y/Y) beats by $40M.
  • Shares +10.6%.
  • Comparable sales were up 3% year-over-year and increased 3% versus 2019.
  • Returned over $400 million to shareholders in fiscal

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Comments (4)

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chimcentral profile picture
with the expected growth in earnings forecast for the next few years, divvy over 4% AND increase, GPS is currently undervalued at around $15. i would consider it "valued" in the $22 range, but wouldn't consider selling at all there.

yes its valued in the current envioment at 22 to 24...it was just at 18 ish...i see resistance there...lets see
MLP Trader profile picture
Bought this like crazy after the dividend increase. I can't believe anybody thought earnings would disappoint after a divi increase....
@MLP Trader

Congrats and better days ahead for the gap..and yes once the divy increase, it was more safe.....this is heavily shorted....and a short squeeze is long overdue!
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