---
schema_version: "secwatch.filing_event.v1"
accession: "0000039911-24-000200"
form_type: "8-K"
ticker: "GAP"
cik: "0000039911"
company_name: "GAP INC"
filed_at: "2024-11-21T23:59:59+00:00"
generated_at: "2026-05-29T21:23:23.653306+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Gap Inc. Q3 net sales $3.8B (+2% YoY); EPS $0.72; raises FY outlook

## Summary
- Net sales $3.8B (+2% YoY); comparable sales +1%; operating margin 9.3% (improved 270bps).
- Diluted EPS $0.72 vs prior year; gross margin 42.7% (+140bps); online sales up 7% to 40% of total.
- Brand comps: Gap +3%, Athleta +5%, Banana Republic -1%, Old Navy flat.
- Raised FY24 outlook: net sales +1.5%-2.0% (52-wk basis), operating income growth mid-to-high 60%.
- Q3 dividend $0.15/share declared; cash $2.2B (+64% YoY); inventory down 2%.

## SEC filing metadata
- accession: 0000039911-24-000200
- form_type: 8-K
- ticker: GAP
- cik: 0000039911
- company_name: GAP INC
- filed_at: 2024-11-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39911/000003991124000200/0000039911-24-000200-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39911/000003991124000200/gps-20241121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000039911-24-000200
- JSON: https://secwatch.observer/filing/0000039911-24-000200.json
- Plain text: https://secwatch.observer/filing/0000039911-24-000200.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.