Gap Inc. Reports First Quarter Fiscal 2026 Results, Raises Full Year Earnings Per Share Outlook
May 29, 2026
May 29, 2026
SAN FRANCISCO, California, May 29 -- Gap, a retailer of clothing and accessories, posted the following news release:
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Gap Inc. Reports First Quarter Fiscal 2026 Results, Raises Full Year Earnings Per Share Outlook
* Net sales up 1% compared to last year
* Comparable sales up 2%, positive for ninth consecutive quarter
* Gross margin of 40.5%, exceeded outlook
* Returned $464 million in cash to shareholders in the f . . .
* * *
Gap Inc. Reports First Quarter Fiscal 2026 Results, Raises Full Year Earnings Per Share Outlook
* Net sales up 1% compared to last year
* Comparable sales up 2%, positive for ninth consecutive quarter
* Gross margin of 40.5%, exceeded outlook
* Returned $464 million in cash to shareholders in the f . . .
