GAP inc.

GAP’s Turnaround Gains Momentum

GAP Inc. surged after reporting stronger-than-expected quarterly sales, indicating that CEO Richard Dickson’s turnaround strategy is taking hold. The retailer outperformed analyst forecasts for comparable sales, with GAP, Old Navy, and Banana Republic delivering solid results. However, its struggling athleisure brand, Athleta, saw an unexpected decline. GAP shares jumped 17% in pre-market trading on Friday, […]