earnings
confidence high
sentiment neutral
materiality 0.70
Gap Q2 EPS up 6% to $0.57; comp sales +1% for 6th straight quarter
GAP INC
2025-Q2 EPS reported
$1.07
revenue$7,188,000,000
- Net sales flat at $3.7B; comparable sales +1% YoY; online sales +3% to 34% of total.
- Gross margin 41.2%, down 140 bps YoY; merchandise margin down 150 bps on tariff/credit card partner lapping.
- Athleta comparable sales -9% (net sales -11%); Gap +4%, Old Navy +2%, Banana Republic +4%.
- Free cash flow $127M; cash and short-term investments $2.4B, up 13% YoY.
- FY2025 outlook: net sales growth 1-2%, operating margin 6.7-7.0% including ~100-110 bps tariff impact.
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