Company Earnings Update 4 minutesRegister for Free AccessGap Inc. (NYSE: GPS) Fiscal 4Q19 Results: Gap and Old Navy to Split, 230 Stores to Close Coresight Research March 4, 2019 Executive Summary Gap reported fiscal 4Q19 revenues of $4.6 billion, down 3% year over year and lower than the $4.7 billion consensus estimate. The company reported 4Q19 EPS of $0.72, up from $0.52 in 4Q18, but below the $0.68 consensus estimate. The company’s comparable sales were down 1% in 4Q19, compared to a 5% increase in 4Q18. For FY20, Gap forecasts adjusted EPS of $2.40–2.55, excluding costs related to the Gap brand fleet restructuring. The company expects sales to be flat to slightly up, compared to the consensus estimate of up 0.5%. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: US CPG Sales Tracker: Homecare and Health Dominate at the Start of 2025Earnings Insights 4Q24, Week 3: Gucci Sales Slump 21%, Plus Updates from Ahold, Amazon, Coty and MoreBeauty Shopping in Focus; Economic Sentiment Turns Negative: US Consumer Survey InsightsUS CPG Sales Tracker: E-Commerce Sales Surge, Outpacing In-Store Growth
