Gap reported a mixed first quarter, missing Wall Street's earnings and revenue expectations for the second straight quarter. The company also lowered its full-year sales outlook, citing weaker-than-expected performance at Old Navy. The update points to soft retail demand and likely pressures on near-term investor sentiment.
Gap reported a mixed first quarter, missing Wall Street's earnings and revenue expectations for the second straight quarter. The company also lowered its full-year sales outlook, citing weaker-than-expected performance at Old Navy. The update points to soft retail demand and likely pressures on near-term investor sentiment.
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Request DemoOverall Sentiment
moderately negative
Sentiment Score
-0.35
Ticker Sentiment
