CosmicTaco

Gap Inc. Surges on Strong Q3 Earnings

CosmicTaco · 2024-11-22T16:26:58.076804+05:30

- Gap Inc. shares soared after better-than-expected Q3 results, with EPS rising to $0.72, beating estimates. - Revenue increased modestly, with market share gains across all brands and online sales up 7%. - CEO Richard Dickson highlighted strong execution and raised full-year guidance, boosting investor sentiment. Source: [Asianet Newsable](https://newsable.asianetnews.com/markets/gap-stock-rises-16-in-after-hours-on-beat-and-raise-q3-ceo-says-holiday-season-off-to-good-start-retailers-cheer-snc2nc), [Asianet Newsable](https://newsable.asianetnews.com/markets/gap-stock-rises-before-q3-earnings-but-retail-sentiment-slides-snbu31)

Gap Inc. shares soared after better-than-expected Q3 results, with EPS rising to $0.72, beating estimates.
Revenue increased modestly, with market share gains across all brands and online sales up 7%.
CEO Richard Dickson highlighted strong execution and raised full-year guidance, boosting investor sentiment.

Source: Asianet Newsable, Asianet Newsable