Insight Report 2 minutes PremiumGap Inc. (GPS) 4Q15 Results: Results in Line, but Guidance Light Coresight Research February 26, 2016 Executive Summary Gap reported 4Q15 EPS of $0.57 versus the consensus estimate of $0.56. On February 8, management updated its quarterly earnings guidance to $0.56–$0.57. As reported on February 8, quarterly comps were down 7% and total sales were down 6.8%, to $4.39 billion. By brand, Gap comps were down 3%, Banana Republic comps were down 14% and Old Navy comps were down 8%. FY16 guidance calls for EPS of $2.20–$2.25. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Exploring International Home and Home-Improvement Sector Retailing in the UAEJanuary 2023 US Retail Traffic and In-Store Metrics: Traffic Growth Strengthens to 14%The State of AI: Revisiting 2023 and Looking Ahead to 20242Q23 US Retail Inventory Tracker: Inventory Turnover Ratios Improve for Many Retailers Due to Disciplined Approaches
