Tag: Gap

Gap Raises Profit Forecast, Names New Old Navy CEO as Shares Jump 9%

Gap raised its annual profit forecast and named a new Old Navy CEO on Thursday as shares jumped 9%, with the namesake brand outperforming.

Barclays Downgrades Gap and Under Armour in U.S. Apparel Retailer Reshuffle

Barclays cut its ratings on Gap and Under Armour in a reshuffle of U.S. apparel retailers, citing limited upside amid uneven consumer demand.

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