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Gap Cuts Outlook for 2021 as Supply-Chain Woes Erode Sales

What Nordstrom, Gap Earnings Signal About Holiday Sales

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By Jordyn Holman

November 23, 2021 at 9:17 PM UTC

Updated on

November 23, 2021 at 11:30 PM UTC

This article is for subscribers only.

Gap Inc. lowered its projection for 2021 sales and profit as supply-chain bottlenecks led to lost sales and higher expenses. The shares fell in late trading.