CEO Richard Dickson said the specialty retailer has evolved "from fixing the fundamentals to continuous improvement through innovation."
Going to Old Navy is a savvy shopping move for anyone looking to get a fresh spring look while keeping some extra green in their wallet. Read Next: 11 Best New Costco Arrivals for Your Money in March Learn More: 5 Things You Must Do When Your Savings Reach $50,
Gap’s holiday-quarter profit is head and shoulders above Wall Street expectations and retailer speaks of a “reinvigoration” of its brands.
Gap has been in the midst of a turnaround under CEO Richard Dickson and has blown away Wall Street expectations for four quarters in a row.
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Gap CEO Richard Dickson described the apparel company's most recent quarter, which impressed Wall Street and indicates the company is maintaining its turnaround. Shares shot up more than 17% in extended trading. Along with its namesake brand, Gap owns Old Navy, Banana Republic and Athleta.
Creative leadership looks good on Gap. It looks even better with a tight belt on. The clothing company, which also owns Old Navy and Banana Republic, posted some impressive results. Its namesake brand’s comparable sales rose 7% last quarter from a year earlier,
After years of being down in the dumps, Gap Inc. for the past four quarters has been on firmer footing and working to inject greater relevancy and better product into its brands.