Last $526.00 MXN
Change Today 0.00 / 0.00%
Volume 0.0
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As of 4:09 PM 11/10/14 All times are local (Market data is delayed by at least 15 minutes).

gap inc/the (GPS*) Snapshot

Open
$526.00
Previous Close
$526.00
Day High
$526.00
Day Low
$526.00
52 Week High
08/28/14 - $607.99
52 Week Low
10/15/14 - $488.00
Market Cap
228.7B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
434.9M
EX-Date
01/5/15
P/E TM
--
Dividend
$0.88
Dividend Yield
2.15%
Current Stock Chart for GAP INC/THE (GPS*)

gap inc/the (GPS*) Details

The Gap, Inc. operates as an apparel retail company worldwide. It provides apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Piperlime, Athleta, and Intermix brands. Its products comprise maternity apparel; loungewear, sleepwear, intimates, and active apparel for women; handbags, shoes, jewelry, personal care products, and eyewear for men and women; women’s apparel, footwear, and accessories for sports and fitness activities, including crossover apparel and casualwear; and luxury and contemporary products. The company also has franchise agreements with unaffiliated franchisees to operate stores in Asia, Australia, Eastern Europe, Latin America, the Middle East, and Africa under the Gap, Banana Republic, and Old Navy brands. Gap, Inc. offers its products through company-operated stores, franchise stores, e-commerce sites, and catalogs. As of November 20, 2014, it had approximately 3,680 store locations. The Gap, Inc. was founded in 1969 and is headquartered in San Francisco, California.

137,000 Employees
Last Reported Date: 03/24/14
Founded in 1969

gap inc/the (GPS*) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.5M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $818.3K
Global President of Gap Brand
Total Annual Compensation: $1.4M
President of Growth, Innovation and Digital
Total Annual Compensation: $900.0K
Global President of Banana Republic
Total Annual Compensation: $900.0K
Compensation as of Fiscal Year 2013.

gap inc/the (GPS*) Key Developments

Gap Inc. Announces Executive Changes

Gap Inc. announced the promotion of two current executives to become global brand presidents for Gap and Banana Republic. The moves were orchestrated by Art Peck as he prepares to take on the role of chief executive officer of Gap Inc. in February, with the full support of current chairman and chief executive officer Glenn Murphy. Jeff Kirwan who has reported to Murphy for the past three years as president of greater China for Gap Inc., will become Global President for Gap brand in December following a brief transition period. Kirwan succeeds Stephen Sunnucks, who will leave the company on December 19, 2014. Andi Owen who currently leads the Gap Outlet division, will become Global President for Banana Republic, effective January 5. She succeeds Jack Calhoun, who will depart from the company on February 1 after working with Owen during the transition.

The Gap, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended November 1, 2014; Re-Affirms Earnings Guidance for the Fiscal Year 2014; Plans to Open About 185 Stores; Plans to Close About 70 Stores

The Gap, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended November 1, 2014. For the quarter, the company's net sales were $3,972 million against $3,976 million a year ago. Operating income was $554 million against $576 million a year ago. Income before income taxes was $536 million against $556 million a year ago. Net income was $351 million or $0.80 diluted per share against $337 million or $0.72 diluted per share a year ago. For the nine months, the company's net sales were $11,727 million against $11,573 million a year ago. Operating income was $1,564 million against $1,627 million a year ago. Income before income taxes was $1,511 million against $1,589 million a year ago. Net income was $943 million or $2.12 diluted per share against $973 million or $2.07 diluted per share a year ago. Net cash provided by operating activities was $1,114 million against $953 million a year ago. Purchases of property and equipment were $508 million against $487 million a year ago. For fiscal year 2014, the company updated its diluted earnings per share guidance to be in the range of $2.73 to $2.78, which includes the gain on the asset sale of $39 million communicated in connection with the company's second quarter of fiscal year 2014 financial results. The company updated its expected full-year fiscal year 2014 tax rate to be about 38.0%, down from 38.5%, primarily to reflect the previously discussed third quarter tax benefit. The company now expects depreciation and amortization expense, net of amortization of lease incentives, to be approximately $500 million for fiscal year 2014, down from the previous guidance of about $520 million. For fiscal year 2014, the company now expects capital spending to be approximately $700 million, down from the previous guidance of about $750 million. For the full fiscal year 2014, the company continues to expect to open about 185 company-operated stores, focused on China, Old Navy in Japan, Athleta, and global outlet stores. For the full fiscal year 2014 the company plans to close about 70 company-operated stores, which are weighted toward Gap North America and consistent with its previously stated strategy.

Gap Inc. Announces Opening of New Location in Southern and Northern China

Gap Inc. has announced the opening of its first location in southern and northern China. The first Old Navy outside of the Shanghai and Jiangsu province region will open in the special economic zone of Shenzhen later this week on November 8, 2014 with plans to extend its reach even further with the first Old Navy in Beijing in December, reaching seven stores in five cities in less than a year. The company also shared that its plans for Taiwan have accelerated with its first Gap store outside Taipei opening in Hsinchu in late November, marking the first store outside Taipei and bringing the brand to five stores in that market since opening in March. The company has been experimenting with virtual wall technology to expand its product offering to customers in current stores as well as with pop-ups that can be used to introduce the brand to new consumers.

 

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GPS* Competitors

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Company Last Change
adidas AG €64.40 EUR 0.00
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Industry Analysis

GPS*

Industry Average

Valuation GPS* Industry Range
Price/Earnings 14.4x
Price/Sales 1.1x
Price/Book 6.0x
Price/Cash Flow 13.6x
TEV/Sales 0.9x
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