Gap (GAP) Q4 2025 earnings
CNBC • • general
Key Points:
- Gap's holiday quarter performance was negatively impacted by historic winter storms, leading to about 800 temporary store closures and worse-than-expected results, particularly for Old Navy's comparable sales.
- The company reported mixed fiscal fourth quarter results, with earnings per share of 45 cents slightly below the expected 46 cents, revenue matching expectations at $4.24 billion, and a gross margin decline to 38.1% due to tariffs.
- Gap's net income fell to $171 million from $206 million a year earlier, while sales increased 2% year-over-year; the company’s guidance for revenue growth in the current quarter and full year was in line with but did not exceed analyst expectations.
- The retailer did not adjust
