Gap cuts 2019 profit forecast after ‘extremely challenging’ quarter

Gap Inc cut its full-year earnings forecast and reported a bigger-than-expected drop in same-store sales, especially at its Gap brand outlets, on Thursday, sending its shares down over 11% after hours.

…read more

Discover Tomorrow’s Winning Stocks!
Get our latest stock reports before everyone else! Actionable news, and breakout stocks w multi-bagger upside potential — delivered directly to your inbox.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.

Source:: Reuters – Business News