Intrinsic value of Gap - GPS

Previous Close

$30.75

  Intrinsic Value

$58.86

stock screener

  Rating & Target

str. buy

+91%

Previous close

$30.75

 
Intrinsic value

$58.86

 
Up/down potential

+91%

 
Rating

str. buy

We calculate the intrinsic value of GPS stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2018), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 12.1

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046
   2047
   2048

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  2.20
  2.48
  2.73
  2.96
  3.16
  3.35
  3.51
  3.66
  3.79
  3.92
  4.02
  4.12
  4.21
  4.29
  4.36
  4.42
  4.48
  4.53
  4.58
  4.62
  4.66
  4.69
  4.72
  4.75
  4.78
  4.80
  4.82
  4.84
  4.85
  4.87
Revenue, $m
  16,204
  16,606
  17,059
  17,564
  18,120
  18,726
  19,384
  20,093
  20,856
  21,672
  22,544
  23,473
  24,461
  25,510
  26,623
  27,800
  29,046
  30,363
  31,753
  33,221
  34,769
  36,401
  38,120
  39,932
  41,839
  43,847
  45,960
  48,183
  50,522
  52,981
Variable operating expenses, $m
  2,998
  3,072
  3,156
  3,249
  3,352
  3,464
  3,586
  3,717
  3,858
  4,009
  4,171
  4,343
  4,525
  4,719
  4,925
  5,143
  5,374
  5,617
  5,874
  6,146
  6,432
  6,734
  7,052
  7,387
  7,740
  8,112
  8,503
  8,914
  9,347
  9,802
Fixed operating expenses, $m
  11,970
  12,233
  12,502
  12,777
  13,058
  13,346
  13,639
  13,939
  14,246
  14,559
  14,880
  15,207
  15,541
  15,883
  16,233
  16,590
  16,955
  17,328
  17,709
  18,099
  18,497
  18,904
  19,320
  19,745
  20,179
  20,623
  21,077
  21,541
  22,014
  22,499
Total operating expenses, $m
  14,968
  15,305
  15,658
  16,026
  16,410
  16,810
  17,225
  17,656
  18,104
  18,568
  19,051
  19,550
  20,066
  20,602
  21,158
  21,733
  22,329
  22,945
  23,583
  24,245
  24,929
  25,638
  26,372
  27,132
  27,919
  28,735
  29,580
  30,455
  31,361
  32,301
Operating income, $m
  1,236
  1,301
  1,401
  1,538
  1,709
  1,916
  2,159
  2,437
  2,752
  3,104
  3,494
  3,924
  4,395
  4,908
  5,465
  6,067
  6,718
  7,418
  8,170
  8,976
  9,840
  10,763
  11,748
  12,800
  13,920
  15,112
  16,381
  17,729
  19,161
  20,681
EBITDA, $m
  1,514
  1,585
  1,693
  1,838
  2,019
  2,236
  2,490
  2,780
  3,108
  3,474
  3,880
  4,325
  4,813
  5,344
  5,920
  6,543
  7,214
  7,937
  8,713
  9,544
  10,434
  11,385
  12,400
  13,482
  14,635
  15,862
  17,166
  18,553
  20,025
  21,587
Interest expense (income), $m
  82
  72
  78
  85
  93
  102
  112
  123
  135
  147
  161
  175
  191
  207
  225
  243
  263
  284
  306
  329
  354
  380
  407
  436
  466
  498
  532
  568
  605
  645
  686
Earnings before tax, $m
  1,164
  1,222
  1,316
  1,444
  1,607
  1,804
  2,036
  2,302
  2,604
  2,943
  3,319
  3,733
  4,188
  4,683
  5,221
  5,804
  6,434
  7,112
  7,841
  8,622
  9,460
  10,356
  11,312
  12,333
  13,421
  14,580
  15,813
  17,123
  18,516
  19,995
Tax expense, $m
  314
  330
  355
  390
  434
  487
  550
  622
  703
  795
  896
  1,008
  1,131
  1,264
  1,410
  1,567
  1,737
  1,920
  2,117
  2,328
  2,554
  2,796
  3,054
  3,330
  3,624
  3,937
  4,269
  4,623
  4,999
  5,399
Net income, $m
  850
  892
  961
  1,054
  1,173
  1,317
  1,486
  1,681
  1,901
  2,148
  2,423
  2,725
  3,057
  3,419
  3,812
  4,237
  4,697
  5,192
  5,724
  6,294
  6,906
  7,560
  8,258
  9,003
  9,797
  10,643
  11,543
  12,500
  13,517
  14,596

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  8,163
  8,366
  8,594
  8,848
  9,128
  9,434
  9,765
  10,123
  10,507
  10,918
  11,357
  11,825
  12,323
  12,852
  13,412
  14,005
  14,633
  15,296
  15,997
  16,736
  17,516
  18,338
  19,204
  20,117
  21,078
  22,089
  23,154
  24,274
  25,452
  26,691
Adjusted assets (=assets-cash), $m
  8,163
  8,366
  8,594
  8,848
  9,128
  9,434
  9,765
  10,123
  10,507
  10,918
  11,357
  11,825
  12,323
  12,852
  13,412
  14,005
  14,633
  15,296
  15,997
  16,736
  17,516
  18,338
  19,204
  20,117
  21,078
  22,089
  23,154
  24,274
  25,452
  26,691
Revenue / Adjusted assets
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
  1.985
Average production assets, $m
  2,771
  2,840
  2,917
  3,003
  3,098
  3,202
  3,315
  3,436
  3,566
  3,706
  3,855
  4,014
  4,183
  4,362
  4,552
  4,754
  4,967
  5,192
  5,430
  5,681
  5,945
  6,225
  6,519
  6,828
  7,154
  7,498
  7,859
  8,239
  8,639
  9,060
Working capital, $m
  826
  847
  870
  896
  924
  955
  989
  1,025
  1,064
  1,105
  1,150
  1,197
  1,248
  1,301
  1,358
  1,418
  1,481
  1,548
  1,619
  1,694
  1,773
  1,856
  1,944
  2,037
  2,134
  2,236
  2,344
  2,457
  2,577
  2,702
Total debt, $m
  1,351
  1,474
  1,612
  1,766
  1,936
  2,121
  2,322
  2,538
  2,771
  3,020
  3,287
  3,570
  3,872
  4,192
  4,532
  4,891
  5,271
  5,673
  6,098
  6,546
  7,019
  7,517
  8,042
  8,595
  9,177
  9,790
  10,435
  11,114
  11,828
  12,579
Total liabilities, $m
  4,947
  5,070
  5,208
  5,362
  5,532
  5,717
  5,918
  6,134
  6,367
  6,616
  6,883
  7,166
  7,468
  7,788
  8,128
  8,487
  8,867
  9,269
  9,694
  10,142
  10,615
  11,113
  11,638
  12,191
  12,773
  13,386
  14,031
  14,710
  15,424
  16,175
Total equity, $m
  3,216
  3,296
  3,386
  3,486
  3,597
  3,717
  3,847
  3,988
  4,140
  4,302
  4,475
  4,659
  4,855
  5,064
  5,284
  5,518
  5,765
  6,027
  6,303
  6,594
  6,901
  7,225
  7,566
  7,926
  8,305
  8,703
  9,123
  9,564
  10,028
  10,516
Total liabilities and equity, $m
  8,163
  8,366
  8,594
  8,848
  9,129
  9,434
  9,765
  10,122
  10,507
  10,918
  11,358
  11,825
  12,323
  12,852
  13,412
  14,005
  14,632
  15,296
  15,997
  16,736
  17,516
  18,338
  19,204
  20,117
  21,078
  22,089
  23,154
  24,274
  25,452
  26,691
Debt-to-equity ratio
  0.420
  0.450
  0.480
  0.510
  0.540
  0.570
  0.600
  0.640
  0.670
  0.700
  0.730
  0.770
  0.800
  0.830
  0.860
  0.890
  0.910
  0.940
  0.970
  0.990
  1.020
  1.040
  1.060
  1.080
  1.110
  1.120
  1.140
  1.160
  1.180
  1.200
Adjusted equity ratio
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394
  0.394

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  850
  892
  961
  1,054
  1,173
  1,317
  1,486
  1,681
  1,901
  2,148
  2,423
  2,725
  3,057
  3,419
  3,812
  4,237
  4,697
  5,192
  5,724
  6,294
  6,906
  7,560
  8,258
  9,003
  9,797
  10,643
  11,543
  12,500
  13,517
  14,596
Depreciation, amort., depletion, $m
  277
  284
  292
  300
  310
  320
  331
  344
  357
  371
  386
  401
  418
  436
  455
  475
  497
  519
  543
  568
  595
  622
  652
  683
  715
  750
  786
  824
  864
  906
Funds from operations, $m
  1,127
  1,176
  1,252
  1,355
  1,483
  1,637
  1,817
  2,024
  2,258
  2,519
  2,808
  3,127
  3,475
  3,855
  4,267
  4,713
  5,193
  5,711
  6,267
  6,862
  7,500
  8,182
  8,910
  9,686
  10,513
  11,393
  12,329
  13,324
  14,381
  15,502
Change in working capital, $m
  18
  20
  23
  26
  28
  31
  34
  36
  39
  42
  44
  47
  50
  53
  57
  60
  64
  67
  71
  75
  79
  83
  88
  92
  97
  102
  108
  113
  119
  125
Cash from operations, $m
  1,109
  1,156
  1,229
  1,329
  1,454
  1,606
  1,784
  1,988
  2,219
  2,477
  2,764
  3,079
  3,425
  3,801
  4,210
  4,653
  5,130
  5,644
  6,196
  6,788
  7,421
  8,099
  8,822
  9,594
  10,416
  11,291
  12,221
  13,211
  14,261
  15,377
Maintenance CAPEX, $m
  -271
  -277
  -284
  -292
  -300
  -310
  -320
  -331
  -344
  -357
  -371
  -386
  -401
  -418
  -436
  -455
  -475
  -497
  -519
  -543
  -568
  -595
  -622
  -652
  -683
  -715
  -750
  -786
  -824
  -864
New CAPEX, $m
  -60
  -69
  -78
  -86
  -95
  -104
  -112
  -121
  -130
  -140
  -149
  -159
  -169
  -179
  -190
  -201
  -213
  -225
  -238
  -251
  -265
  -279
  -294
  -310
  -326
  -343
  -361
  -380
  -400
  -421
Cash from investing activities, $m
  -331
  -346
  -362
  -378
  -395
  -414
  -432
  -452
  -474
  -497
  -520
  -545
  -570
  -597
  -626
  -656
  -688
  -722
  -757
  -794
  -833
  -874
  -916
  -962
  -1,009
  -1,058
  -1,111
  -1,166
  -1,224
  -1,285
Free cash flow, $m
  778
  810
  868
  951
  1,059
  1,193
  1,351
  1,535
  1,745
  1,981
  2,244
  2,535
  2,854
  3,204
  3,584
  3,996
  4,441
  4,922
  5,439
  5,994
  6,589
  7,225
  7,906
  8,632
  9,407
  10,232
  11,110
  12,045
  13,038
  14,092
Issuance/(repayment) of debt, $m
  102
  123
  138
  154
  170
  185
  201
  217
  233
  249
  266
  284
  302
  320
  340
  360
  380
  402
  425
  448
  473
  498
  525
  553
  582
  613
  645
  679
  714
  751
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  102
  123
  138
  154
  170
  185
  201
  217
  233
  249
  266
  284
  302
  320
  340
  360
  380
  402
  425
  448
  473
  498
  525
  553
  582
  613
  645
  679
  714
  751
Total cash flow (excl. dividends), $m
  879
  933
  1,006
  1,105
  1,229
  1,378
  1,552
  1,752
  1,978
  2,230
  2,510
  2,819
  3,156
  3,524
  3,923
  4,355
  4,822
  5,324
  5,863
  6,442
  7,061
  7,723
  8,431
  9,185
  9,989
  10,845
  11,755
  12,723
  13,752
  14,843
Retained Cash Flow (-), $m
  -72
  -80
  -90
  -100
  -110
  -120
  -131
  -141
  -151
  -162
  -173
  -184
  -196
  -208
  -221
  -234
  -247
  -261
  -276
  -291
  -307
  -324
  -341
  -360
  -379
  -399
  -419
  -441
  -464
  -488
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  79
  81
  83
  85
  88
  91
  94
  97
  100
  104
  108
  113
  117
  122
  128
  133
  139
  145
  152
  159
  166
  174
  182
  191
  200
  209
  219
  230
  241
  253
Cash available for distribution, $m
  807
  853
  916
  1,005
  1,118
  1,257
  1,421
  1,611
  1,826
  2,068
  2,337
  2,634
  2,960
  3,316
  3,703
  4,122
  4,575
  5,063
  5,587
  6,150
  6,754
  7,399
  8,089
  8,825
  9,610
  10,446
  11,336
  12,282
  13,287
  14,355
Discount rate, %
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
  774
  781
  797
  827
  867
  913
  960
  1,007
  1,049
  1,084
  1,110
  1,124
  1,125
  1,113
  1,087
  1,047
  995
  932
  860
  782
  699
  614
  530
  449
  374
  305
  243
  190
  145
  108
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

The Gap, Inc. (Gap Inc.) is an apparel retail company. The Company offers apparel, accessories and personal care products for men, women and children under the Gap, Banana Republic, Old Navy, Athleta and Intermix brands. Its products are available to customers online through Company-owned Websites and through the use of third-parties that provide logistics and fulfillment services. In addition to operating in the specialty, outlet, online and franchise channels, it also uses the Company's omni-channel capabilities to bridge the digital world and physical stores. Its omni-channel services, including order-in-store, reserve-in-store, find-in-store and ship-from-store are tailored across its portfolio of brands. It also sells products that are designed and manufactured by branded third-parties, especially at its Intermix brands. It has Company-operated stores in the United States, Canada, the United Kingdom, France, Ireland, Japan, Italy, China, Hong Kong, Taiwan, and Mexico.

FINANCIAL RATIOS  of  Gap (GPS)

Valuation Ratios
P/E Ratio 18.1
Price to Sales 0.8
Price to Book 4.2
Price to Tangible Book
Price to Cash Flow 7.1
Price to Free Cash Flow 10.3
Growth Rates
Sales Growth Rate -1.8%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -27.8%
Cap. Spend. - 3 Yr. Gr. Rate -4.8%
Financial Strength
Quick Ratio 27
Current Ratio 0.1
LT Debt to Equity 43%
Total Debt to Equity 45.2%
Interest Coverage 15
Management Effectiveness
Return On Assets 9.6%
Ret/ On Assets - 3 Yr. Avg. 13.1%
Return On Total Capital 15.9%
Ret/ On T. Cap. - 3 Yr. Avg. 22%
Return On Equity 24.8%
Return On Equity - 3 Yr. Avg. 33.3%
Asset Turnover 2.1
Profitability Ratios
Gross Margin 36.3%
Gross Margin - 3 Yr. Avg. 37%
EBITDA Margin 11.6%
EBITDA Margin - 3 Yr. Avg. 13.8%
Operating Margin 7.7%
Oper. Margin - 3 Yr. Avg. 10%
Pre-Tax Margin 7.2%
Pre-Tax Margin - 3 Yr. Avg. 9.6%
Net Profit Margin 4.4%
Net Profit Margin - 3 Yr. Avg. 6%
Effective Tax Rate 39.9%
Eff/ Tax Rate - 3 Yr. Avg. 38.2%
Payout Ratio 54.3%

GPS stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the GPS stock intrinsic value calculation we used $15855 million for the last fiscal year's total revenue generated by Gap. The default revenue input number comes from 2018 income statement of Gap. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our GPS stock valuation model: a) initial revenue growth rate of 2.2% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for GPS is calculated based on our internal credit rating of Gap, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Gap.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of GPS stock the variable cost ratio is equal to 18.5%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $11712 million in the base year in the intrinsic value calculation for GPS stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.8% for Gap.

Corporate tax rate of 27% is the nominal tax rate for Gap. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the GPS stock is equal to 0.5%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for GPS are equal to 17.1%.

Life of production assets of 10 years is the average useful life of capital assets used in Gap operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for GPS is equal to 5.1%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $3144 million for Gap - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 393 million for Gap is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Gap at the current share price and the inputted number of shares is $12.1 billion.

RELATED COMPANIES Price Int.Val. Rating
BKE Buckle 26.45 36.67  str.buy
JWN Nordstrom 52.28 87.45  str.buy
AEO American Eagle 27.02 17.03  hold
TLYS Tilly's 17.35 15.58  buy
URBN Urban Outfitte 45.57 23.94  sell
ANF Abercrombie&Fi 27.37 4.57  str.sell
EXPR Express 10.19 24.04  str.buy

COMPANY NEWS

▶ Why The Gap Inc. Stock Slumped Today   [Aug-15-18 04:17PM  Motley Fool]
▶ Gap Inc. to Report Second Quarter 2018 Results on August 23   [Aug-13-18 04:15PM  Business Wire]
▶ Wedbush Takes Neutral Stance On 4 Major Retailers   [Aug-11-18 02:53PM  Benzinga]
▶ Don't Go on a Retail Shopping Spree Just Yet   [Aug-10-18 10:40AM  Barrons.com]
▶ 5 Retail Stocks Set to Steal the Show This Earnings Season   [Aug-06-18 10:15AM  InvestorPlace]
▶ Lululemon Stock Has Gotten Ahead of Itself   [Jul-26-18 02:41PM  InvestorPlace]
▶ ThredUp treats Bay Area as ground zero for brick-and-mortar expansion   [Jul-25-18 04:04PM  American City Business Journals]
▶ Gap CEO Is Looking for Acquisitions: I Have My Eyes Wide Open   [Jul-20-18 02:58PM  Meredith Videos]
▶ Buy Lululemon and Its Track Record of Growth   [12:04PM  InvestorPlace]
▶ Gap Sues Westfield Over Mall Expenses as Tensions Rise in Retail World   [Jul-17-18 08:11PM  The Wall Street Journal]
▶ [$$] Why water is a growing faultline between Turkey and Iraq   [Jul-04-18 12:01AM  Financial Times]
▶ What Is Business Casual Attire?   [Jun-21-18 04:03PM  TheStreet.com]
▶ 5 Retailers to Beat Out Amazon in 2018   [Jun-14-18 06:00AM  Investopedia]
▶ Gap names former CEO of Billabong as new head of brand   [Jun-13-18 05:24PM  Associated Press]
▶ The Correction in The Gap Is Over, Time to Buy   [Jun-06-18 11:52AM  TheStreet.com]
▶ Too many groups are lagging the market leaders   [Jun-05-18 07:10PM  CNBC Videos]
▶ Why Twitter, Gap, and Macy's Jumped Today   [04:32PM  Motley Fool]
▶ Why Gap's CFO doesn't want to hear 'No'   [09:17AM  American City Business Journals]
▶ Gap Inc. Just Became an Undervalued Dividend Play   [May-30-18 08:19AM  Motley Fool]
▶ What Happened in the Stock Market Today   [May-25-18 05:07PM  Motley Fool]
▶ Why Gap Inc Shares Got Hammered Today   [04:09PM  Motley Fool]
▶ Earnings moving retail stocks   [03:04PM  CNBC Videos]
▶ Top 5 Things to Know in the Market on Friday   [08:59AM  Investing.com]
▶ Business Highlights   [06:03PM  Associated Press]
▶ Gap Stock Dives After Deep Sales Drop At Namesake Stores   [04:25PM  Investor's Business Daily]
▶ Gap Inc. Reports First Quarter Results   [04:15PM  Business Wire]
▶ Gap, Inc. to Host Earnings Call   [12:00PM  ACCESSWIRE]
▶ Gap Inc. Announces Second Quarter Dividend   [May-23-18 04:15PM  Business Wire]
▶ Slanted Door headlines new restaurants, retailers headed for East Bay's Bishop Ranch   [May-21-18 05:39PM  American City Business Journals]
▶ Women's athletic apparel retailer will open first Triad store   [07:15AM  American City Business Journals]
▶ Gap CFO goes beyond financials to strategy   [May-16-18 08:05PM  American City Business Journals]
▶ Walmarts new site will feature Lord & Taylor brands   [11:04AM  Yahoo Finance Video]
▶ [$$] Gap Irks China With Map on Shirt, Quickly Apologizes   [10:58AM  The Wall Street Journal]
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.