Gap delivered a mixed first-quarter report, missing Wall Street 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 softer retail demand and a more cautious near-term outlook for the stock.
Gap delivered a mixed first-quarter report, missing Wall Street 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 softer retail demand and a more cautious near-term outlook for the stock.
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moderately negative
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-0.38
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