GAP rises as Q3 comparable sales beat estimates
** Shares of old navy apparel GAP GAP.N up 4% at $23.97 after the bell ** Co's Q3 comparable sales rose 5%, beating analysts' estimates of 3.26% growth, according to LSEG data ** Gap reiterated its forecast for a tariff impact on its annual operating margin between 100 and 110 basis points ** Third-quarter revenue rises 3% to $3.94 billion, narrowly surpassing expectations of $3.91 billion ** Stock down 2.5% YTD (Reporting by Pranav Mathur in Bengaluru) ((Pranav.Mathur@thomsonreuters.com;))
Recent news on The Gap
See all newsAmerican Eagle shares slump on flat margin outlook, weakness in namesake brand (updated)
American Eagle shares slide as flat margin outlook, weak core brand weigh
Street View: Gap shines despite Old Navy stumble
U.S. STOCKS ON THE MOVE-Bleichroeder Acquisition Corp, Halliburton, BioNTech
U.S. STOCKS ON THE MOVE-Halliburton, BioNTech, Kazia Therapeutics