PREVIEW: Gap shares up ahead of results, due after the bell

The Gap

27/08/2026 20:11

** Shares of Gap GAP.N edging up 0.2% on Thurs, with the co seen posting lower rev and EPS when it reports qtrly results, due after the closing bell
** The apparel retailer is expected to post Q2 rev of $3.69 bln vs $3.73 bln a yr ago, and adj EPS of $0.48 vs $0.57 in the yr-ago period, per LSEG
** Investors are likely to focus on sales trends for GAP, which has been undergoing a turnaround
** In May, the co cut its annual sales forecast, signaling pressure from Americans pulling back on discretionary spending 
** Wall Street analysts are cautiously optimistic on the stock, with 10 giving it a 'buy' rating and 11 a 'hold' rating 
** The median 12-mo PT on GAP is $24.40; the stock was last at $21.20
** Stock has underperformed in 2026, falling ~17% YTD vs a roughly 13% gain for the S&P 500 .SPX
     

(Reporting by Caroline Valetkevitch )
((caroline.valetkevitch@thomsonreuters.com))