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Gap (GAP) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended April 2026, Gap (GAP - Free Report) reported revenue of $3.5 billion, up 1% over the same period last year. EPS came in at $0.38, compared to $0.51 in the year-ago quarter.
The reported revenue represents a surprise of -0.81% over the Zacks Consensus Estimate of $3.53 billion. With the consensus EPS estimate being $0.39, the EPS surprise was -2.99%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Gap performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Number of Store Locations - Company-operated stores: 2,477 versus 2,474 estimated by three analysts on average.
Number of Store Locations - Athleta North America: 252 compared to the 252 average estimate based on three analysts.
Number of Store Locations - Gap - Total: 587 versus 583 estimated by three analysts on average.
Comparable Sales - Old Navy - YoY change: 1% versus the three-analyst average estimate of 3%.
Number of Store Locations - Banana Republic - Total: 397 versus the three-analyst average estimate of 396.
Comparable Sales - Gap - YoY change: 10% versus the three-analyst average estimate of 4.7%.
Comparable Sales - YoY change: 2% compared to the 2.6% average estimate based on three analysts.
Number of Store Locations - Old Navy North America: 1,241 versus the three-analyst average estimate of 1,242.
Comparable Sales - Banana Republic - YoY change: 2% versus 3.8% estimated by three analysts on average.
Net Sales- Gap Global- Total: $796 million compared to the $761.81 million average estimate based on three analysts. The reported number represents a change of +9.9% year over year.
Net Sales- Banana Republic Global- Total: $431 million versus $435.42 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +0.7% change.
Net Sales- Old Navy Global- Total: $2 billion versus $2.04 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +0.8% change.
Shares of Gap have returned -0.9% over the past month versus the Zacks S&P 500 composite's +5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Gap (GAP) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended April 2026, Gap (GAP - Free Report) reported revenue of $3.5 billion, up 1% over the same period last year. EPS came in at $0.38, compared to $0.51 in the year-ago quarter.
The reported revenue represents a surprise of -0.81% over the Zacks Consensus Estimate of $3.53 billion. With the consensus EPS estimate being $0.39, the EPS surprise was -2.99%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Gap performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Gap here>>>
Shares of Gap have returned -0.9% over the past month versus the Zacks S&P 500 composite's +5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.