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Watch This Trade Level For Gap Inc $GPS
Gap Inc (NYSE:GPS) is a leading apparel retail company. They operate under the Gap, Banana Republic, Old Navy, Athleta and Intermix brands. Last week, the stock sold off sharply after reporting earnings. Traders and investors should note that the shares are now trading below their 50 and 200-day moving averages. This puts the stock in a weak technical position and indicates further downside for the stock. Traders and investors should now watch the $27.50 area as the next important support level. This is where the 100-week moving average is located and it should serve as solid support when tested.
Nicholas Santiago
InTheMoneyStocks
tomorrow is ex dividend. Buy today and capture .23 per share.
why is this up so much? whats's the news?
Fundamentals imply Gap $GPS is 25% undervalued w/ earnings expected Thursday: Fair Value Source
GPS Averaging down and buying these dips some each week. I like this as my better retail stocks.
GPS My retail play I favor the most but counting on a good earnings report.
GAP Still like this one for my retail play.
GPS Great retail stock and wait until you see there next quarter earnings. I have done my DD here and this is good.
GPS Great retail stock and wait untill you see there next quarter earnings. I have done my DD here and this is good.
GPS The store was packed today in my home town mall.
GPS Online sales are projected to be very good. I am a buyer.
GPS This retailer will have a good 4th quarter the experts are claiming. Added a few more today.
GPS This quarter is projected to be good. MY BUY on retail and for me the 20 percent trailing stop loss. I bought on margin as to spread out my investments.
I am going to buy this one on Margin. Bid 24.00 and should see good 4th Q revenues. Tie up less money and buy more stock. At the same time some option contracts to protect my investment.
7 valuation models for Gap imply 16% upside before earnings today:
VALUATION MODELS
Bet we can squeeze a few more points out of this one
Gap (GPS) reported a comparable store sales decline of 2 percent in February following a 4 percent increase in the year-ago period.
Gap ($GPS) reported that its net sales for January were down to $813 million from $888 million in January last year. For the quarter, net sales declined to $4.39 billion from last year’s $4.71 billion, ahead of the consensus estimate. The company also raised its full year earnings per share guidance to the high end of its previous guidance range.
Shorts can keep shorting & I will keep adding incrementally at 52 wk lows.
Old Navy CEO is leaving for Ralph Lauren: http://money.cnn.com/2015/09/30/investing/gap-stock-old-navy-ralph-lauren/
This isn't good.
Gap should come plummeting down real soon. Numbers weren't all that great, and it's simply running on a hype.
We Continue To Favor Gap As A Long-Term Play, Says Canaccord http://www.smarteranalyst.com/2014/08/22/we-continue-to-favor-gap-as-a-long-term-play-says-canaccord/
~ Thursday! $GPS ~ Earnings posted, pending or coming soon! In Charts and Links Below!
~ $GPS ~ Earnings expected on Thursday *
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One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
http://stockcharts.com/h-sc/ui?s=GPS&p=D&b=3&g=0&id=p88783918276&a=237480049
http://stockcharts.com/h-sc/ui?s=GPS&p=W&b=3&g=0&id=p54550695994
~ Google Finance: http://www.google.com/finance?q=GPS
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=GPS#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=GPS+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=GPS
Finviz: http://finviz.com/quote.ashx?t=GPS
~ BusyStock: http://busystock.com/i.php?s=GPS&v=2
<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=GPS >>>>>>
http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916
*If the earnings date is in error please ignore error. I do my best.
Gap Inc. (NYSE:GPS) today reported that October 2011 net sales decreased 4 percent compared with last year.
Net sales for the four-week period ended October 29, 2011 were $1.14 billion compared with net sales of $1.19 billion for the four-week period ended October 30, 2010. The company’s comparable sales for October 2011, which include the associated comparable online sales, were down 6 percent compared with a 4 percent increase for October 2010.
In addition, the company reported that net sales for the third quarter, which ended October 29, 2011, decreased 2 percent to $3.59 billion compared with $3.65 billion for the third quarter last year. The company’s third quarter comparable sales, which include the associated comparable online sales, were down 5 percent compared with a 1 percent increase in the third quarter of the prior year.
"While October was mixed across our brands, our teams are determined to compete aggressively this holiday season by delivering great product in an inspiring shopping environment – in stores and online,” said Glenn Murphy, chairman and chief executive officer of Gap Inc.
http://ih.advfn.com/p.php?pid=nmona&article=49791518&symbol=GPS
I heard last week they planned on closing 20% of their stores.
GAP fires head designer and begins closing stores nationwide to help rebuild stronger growth: http://editorial.equities.com/financial/3-companies-closing-stores-for-stronger-growth/
Gap Inc. Expands in Latin America with First Stores in Chile
Date : 10/12/2011 @ 9:00AM
Today : Wednesday 12 October 2011
Continuing with its international growth strategy, Gap Inc. (NYSE: GPS) today announced its further expansion in Latin America. Leveraging its franchise model, the company plans to open its first stores in South America in Chile this month as well as introduce Gap and Banana Republic stores to Panama and Colombia in 2012.
“We are thrilled to be opening our first stores in South America. Taking our brands to another continent reflects the success and flexibility of our franchise model, which allows us to quickly expand our reach to customers around the world,” said Stephen Sunnucks, President, International, Gap Inc. “We believe substantial opportunity exists in Latin America and our first stores in Chile, Panama and Colombia will allow us to establish a foundation for further growth in this region.”
Gap Inc. first made its products available to consumers in Chile, Panama and Colombia last year through its international online shipping provider. Stores in these countries will house products from Gap, GapKids and babyGap and Banana Republic’s affordable luxury apparel and accessories for men and women.
Gap Inc. is focused on growing its share of the $1.4 trillion global apparel market. Over the last five years, the company has grown its franchise store base to about 200, expanded to 29 countries throughout Asia, Europe, Latin America, the Middle East, Australia and Africa and currently has franchise agreements in place to bring its brands to 33 countries on 6 continents. In fiscal year 2011 alone, Gap Inc. plans to open franchise locations in about 10 new countries and expects to double its franchise stores to 400 by fiscal year 2014. More about Gap Inc.’s global runway can be downloaded from gapinc.com.
Chile
Under Gap Inc.’s existing franchise agreement with Komax, the first Gap store in Chile will open in Santiago on October 14 in the Parque Arauco Mall. A second Gap store will open in the country in Concepcion at the Plaza Trebol Shopping Center in November. “Chile is a great match for Gap brand’s aesthetic and target customer. With a nearly $6 billion apparel & footwear market, a retail sector that makes up 9.4% of the country’s GDP, and a proven customer base interested in American style and brands, Chile represents a natural extension for our brands,” said Stefan Laban, managing director of strategic alliances for Gap Inc.
Panama
Gap Inc. has signed a new agreement with Superior Retail Inc. to bring Gap and Banana Republic to Panama. The company plans to open the first stores in Panama City, the country’s capital, in January 2012. Panama’s economy is among the fastest growing and best managed in Latin America. With a high rate of tourism and a rapidly growing demand for international retail brands, Panama provides an ideal environment in which to introduce Gap Inc.’s brands.
Colombia
As part of the new agreement with Superior Retail Inc., the first Gap and Banana Republic stores in Colombia are expected to open in the capital city of Bogota in late 2012. Colombia has the second largest population in South America (46 million people) and has one of the highest rates of economic growth in Latin America. These characteristics, combined with a high level of brand awareness for Gap and Banana Republic, provides an excellent platform to bring both brands to the market.
Forward-Looking Statements
This press release contains forward-looking statements within the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements other than those that are purely historical are forward-looking statements. Words such as “expect,” “anticipate,” “believe,” “estimate,” “intend,” “plan,” “project,” and similar expressions also identify forward-looking statements. Forward-looking statements include statements regarding the following:
•Expected franchise store openings and timing, including in Chile, Colombia and Panama;
•Global expansion strategies, including franchise growth;
•Substantial opportunity in Latin America and further growth in the region;
•Gaining a larger share of the global apparel market;
•Number of future franchise stores.
Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause the company’s actual results to differ materially from those in the forward-looking statements. These factors include, without limitation, the following:
•The risk that changes in general economic conditions or consumer spending patterns will have a negative impact on the company’s financial performance or strategies;
•The highly competitive nature of the company’s business internationally;
•The risk that the company or its franchisees will be unsuccessful in gauging fashion trends and changing consumer preferences;
•The risk that the company’s efforts to expand internationally may not be successful and could impair the value of its brands;
•The risk that the company’s franchisees will be unable to successfully open, operate, and grow the company’s franchised stores;
•The risk that the company or its franchisees will be unsuccessful in identifying, negotiating, and securing new store locations effectively;
•The risk that the company will be unsuccessful in implementing its strategic, operating and people initiatives;
•The risk that acts or omissions by the company’s third-party vendors, including a failure to comply with the company’s code of vendor conduct, could have a negative impact on its reputation or operations;
•The risk that the company will not be successful in defending various proceedings, lawsuits, disputes, claims, and audits; and
•The risk that changes in the regulatory or administrative landscape could adversely affect the company’s financial condition, strategies, and results of operations.
Additional information regarding factors that could cause results to differ can be found in the company’s Annual Report on Form 10-K for the fiscal year ended January 29, 2011, as well as the company’s subsequent Quarterly Reports on Form 10-Q.
These forward-looking statements are based on information as of October 12, 2011. The company assumes no obligation to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.
About Gap Inc.
Gap Inc. is a leading global specialty retailer offering clothing, accessories, and personal care products for men, women, children, and babies under the Gap, Banana Republic, Old Navy, Piperlime, and Athleta brands. Fiscal year 2010 net sales were $14.7 billion. Gap Inc. products are available for purchase in over 90 countries worldwide through about 3,100 company-operated stores, about 200 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.
Doris and Don Fisher opened the first Gap store in 1969. The reason was simple. Don couldn’t find a pair of jeans that fit.
They never expected to transform retail. But they did.
Guided by humility, compassion and a strong desire to win, the Fishers grew their company thoughtfully. Customers responded.
Today, Gap Inc. is a leading international specialty retailer with five brands – Gap, Banana Republic, Old Navy, Piperlime and Athleta – about 3,100 stores and 134,000 employees.
We’re growing globally, and just last year, we opened our first stores in China, Australia and Italy. We're expanding online shopping to customers, too. Today, customers in over 80 countries can buy our products.
While many things have changed since 1969, the principles on which we were founded have stayed the same: creativity, delivering results, doing what’s right and always thinking of our customers first
Gap Inc. is a leading global specialty retailer offering clothing, accessories, and personal care products for men, women, children, and babies under the Gap, Banana Republic, Old Navy, Piperlime, and Athleta brands. Fiscal year 2010 net sales were $14.7 billion. Gap Inc. products are available for purchase in over 90 countries worldwide through about 3,100 company-operated stores, about 200 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.
SAN FRANCISCO – October 6, 2011 – Gap Inc. (NYSE: GPS) today reported that September 2011 net sales remained flat compared with last year.
Net sales for the five-week period ended October 1, 2011 were $1.35 billion compared with net sales of $1.34 billion for the five-week period ended October 2, 2010. The company’s comparable sales for September 2011, which include the associated comparable online sales, were down 4 percent compared with a 1 percent decrease for September 2010.
“While there were some bright spots across our brands and business units, we’re clear and focused on the steps necessary to improve our business performance going forward,” said Glenn Murphy, chairman and chief executive officer of Gap Inc.
Comparable sales for September 2011, including the associated comparable online sales, were as follows:
•Gap North America: negative 4 percent versus flat last year
•Banana Republic North America: negative 1 percent versus positive 1 percent last year
•Old Navy North America: negative 1 percent versus negative 3 percent last year
•International: negative 13 percent versus positive 4 percent last year
Year-to-date net sales were $9.12 billion for the 35 weeks ended October 1, 2011, which was flat compared with net sales of $9.12 billion for the 35 weeks ended October 2, 2010. The company’s year-to-date comparable sales, including associated online sales, decreased 3 percent compared with a 2 percent increase last year.
October Sales
The company will report October sales on November 3, 2011.
Gap Inc. made its initial public offering on May 19, 1976, at $18 per share ($0.11 adjusted for all subsequent splits). We began trading our common stock on the New York Stock Exchange (ticker symbol: GPS) on July 30, 1976.
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