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Last $42.54 USD
Change Today -0.79 / -1.82%
Volume 4.1M
GPS On Other Exchanges
Symbol
Exchange
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Frankfurt
As of 8:04 PM 04/1/15 All times are local (Market data is delayed by at least 15 minutes).

gap inc/the (GPS) Key Developments

Gap to Unveil First India Store in May

Gap is set to enter India with its first store in Delhi in May in partnership with domestic textile company Arvind Lifestyle Brands.

Gap Inc. Announces Sales Results for the Month of February 2015

Gap Inc. announced sales results for the month of February 2015. For the month, the company's sales were $918 million, compared to $929 million for the four-week period ended March 1, 2014.

The Gap, Inc. Reports Net Sales Results for the Four-Week Period Ended February 28, 2015

Gap Inc. reported that net sales for the four-week period ended February 28, 2015 were $918 million compared with net sales of $929 million for the four-week period ended March 1, 2014. Gap Inc.’s comparable sales for February 2015 were down 4% against a 7% decrease last year.

The Gap, Inc., Period Ending Feb 28, 2015 Pre Recorded Sales/ Trading Statement Call, Mar 05, 2015

The Gap, Inc., Period Ending Feb 28, 2015 Pre Recorded Sales/ Trading Statement Call, Mar 05, 2015

The Gap, Inc. Declares Dividend for the First Quarter of Fiscal Year 2015, Payable on or After April 29, 2015; Plans to Increase Annual Dividend for Fiscal Year 2015; Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended January 31, 2015; Provides Earnings Guidance for the Fiscal Year 2015; Plans to Open About 115 Company-Operated Stores

The Gap Inc.'s Board of Directors authorized the first quarter fiscal year 2015 dividend of $0.23 per share, payable on or after April 29, 2015 to shareholders of record at the close of business on April 8, 2015. The company reported unaudited consolidated earnings results for the fourth quarter and year ended January 31, 2015. For the quarter, the company reported net sales of $4,708 million compared to $4,575 million a year ago. Operating income was $519 million compared to $522 million a year ago. Income before income taxes was $502 million compared to $504 million a year ago. Net income was $319 million or $0.75 per diluted share compared to $307 million or $0.68 per diluted share a year ago. For the full year, the company reported net sales of $16,435 million compared to $16,148 million a year ago. Operating income was $2,083 million compared to $2,149 million a year ago. Income before income taxes was $2,013 million compared to $2,093 million a year ago. Net income was $1,262 million or $2.87 per diluted share compared to $1,280 million or $2.74 per diluted share a year ago. Net cash provided by operating activities was $2,129 million compared to $1,705 million a year ago. Purchase of property and equipment was $714 million compared to $670 million a year ago. For fiscal year 2015, the company expects diluted earnings per share to be in the range of $2.75 to $2.80 for fiscal year 2015, which contemplates the following: the estimated negative impact of about 6 percentage points, or approximately $0.16, due to foreign currency fluctuations at current exchange rates; and the estimated negative impact of about 4 percentage points, or approximately $0.13, due to delayed merchandise receipts at West Coast ports. For fiscal year 2015, the company expects the effective tax rate to be about 38%. For fiscal year 2015, the company expects capital spending to be approximately $800 million, reflecting the company's focus on omni-channel and supply chain capabilities. For fiscal year 2015, the company expects depreciation and amortization expense, net of amortization of lease incentives, to be about $525 million. In fiscal year 2015, the company expects to open about 115 company-operated stores, net of closures and repositions, focused on greater China, Athleta and global outlet stores. Additionally, the company expects its franchise partners to open about 35 additional stores in 2015, net of closures. The company announced that its Board of Directors intends to increase the company's annual dividend to $0.92 per share in fiscal year 2015, compared to the company's current annual dividend of $0.88 per share.

 

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GPS:US $42.54 USD -0.79

GPS Competitors

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Company Last Change
adidas AG $39.91 USD +0.355
Bed Bath & Beyond Inc $76.33 USD -0.445
Kohl's Corp $78.16 USD -0.09
Nordstrom Inc $79.55 USD -0.77
Ross Stores Inc $104.02 USD -1.34
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Industry Analysis

GPS

Industry Average

Valuation GPS Industry Range
Price/Earnings 15.1x
Price/Sales 1.1x
Price/Book 6.1x
Price/Cash Flow 14.4x
TEV/Sales 0.9x
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