{"schema_version":"secwatch.filing_event.v1","accession":"0000039911-22-000089","form_type":"8-K","ticker":"GAP","cik":"0000039911","company_name":"GAP INC","filed_at":"2022-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.200768+00:00","generated_at":"2026-06-21T16:57:17.363996+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Gap Inc. Q3 net sales $4.04B (+2% YoY); adjusted EPS $0.71; margins compress, inventory up 12%","bullets":["Net sales $4.04B (+2% YoY); comparable sales +1%.","Reported gross margin 37.4%; adjusted gross margin 38.7%, down 320 bps YoY.","Adjusted operating income $156M (3.9% margin); includes $83M gain on sale of UK DC and $53M Yeezy Gap impairment.","Adjusted diluted EPS $0.71 (includes $0.33 tax benefit); reported EPS $0.77.","Inventory $3.04B (+12% YoY); free cash flow -$689M YTD; quarterly dividend $0.15/share maintained."],"urls":{"canonical":"https://secwatch.observer/filing/0000039911-22-000089","json":"https://secwatch.observer/filing/0000039911-22-000089.json","markdown":"https://secwatch.observer/filing/0000039911-22-000089.md","text":"https://secwatch.observer/filing/0000039911-22-000089.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39911/000003991122000089/0000039911-22-000089-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39911/000003991122000089/gps-20221117.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T16:57:17.363996+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":[{"claim_id":"ba6517447a56396ea679a4757822210290540c47","claim":"GAP INC reported third quarter of fiscal 2022 ended October 29, 2022 results: revenue $4.04 billion, net income $282 million, EPS $0.77.","evidence_excerpt":"employees and shareholders expect from Gap Inc.” said Bob Martin, Executive Chairman and Interim CEO, Gap Inc. Third Quarter Fiscal 2022 - Financial Results • Net sales of $4.04 billion, up 2% compared to last year. Comparable sales were up 1% year-over-year. ◦ Online sales increased 5% compared to last year and represented 39% of total net sales. ◦ Store sales","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/39911/000003991122000089/0000039911-22-000089-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of fiscal 2022 ended October 29, 2022"},{"label":"Revenue","value":"$4.04 billion"},{"label":"Net income","value":"$282 million"},{"label":"EPS","value":"$0.77"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}