{"schema_version":"secwatch.filing_event.v1","accession":"0000039911-22-000034","form_type":"8-K","ticker":"GAP","cik":"0000039911","company_name":"GAP INC","filed_at":"2022-05-26T23:59:59+00:00","discovered_at":"2026-05-14T18:04:03.256505+00:00","generated_at":"2026-06-25T06:56:10.818987+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Gap Inc. Q1 net loss $162M; revenue -13%; Old Navy comps -22%; FY outlook cut","bullets":["Net loss $162M ($0.44 diluted loss per share); net sales $3.5B, down 13% from last year.","Comparable sales down 14%; Old Navy -22%, Gap -11%, Banana Republic +27%, Athleta -7%.","Gross margin 31.5% (down 930 bps); inventory +34% to $3.2B; free cash flow -$590M.","FY2022 outlook: revenue decline low-mid single digits; reported EPS $0.40-$0.70; adjusted EPS $0.30-$0.60.","CEO cites Old Navy execution challenges and macro headwinds; confident in long-term strategy."],"urls":{"canonical":"https://secwatch.observer/filing/0000039911-22-000034","json":"https://secwatch.observer/filing/0000039911-22-000034.json","markdown":"https://secwatch.observer/filing/0000039911-22-000034.md","text":"https://secwatch.observer/filing/0000039911-22-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39911/000003991122000034/0000039911-22-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39911/000003991122000034/gps-20220526.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T06:56:10.818987+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}