{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-053392","form_type":"8-K","ticker":"GAP","cik":"0000039911","company_name":"GAP INC","filed_at":"2025-11-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.778311+00:00","generated_at":"2026-05-16T18:16:10.836583+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Gap Inc. Q3 net sales $3.9B +3% YoY, comp +5%; raises FY operating margin outlook to ~7.2%","bullets":["Net sales $3.9B, up 3% YoY; diluted EPS $0.62; comp sales +5% (7th consecutive quarter positive).","Gross margin 42.4% (down 30bps); merchandise margin impacted ~190bps from tariffs, but underlying expansion.","Brand comps: Old Navy +6%, Gap +7%, Banana Republic +4%, Athleta -11%.","Raises FY25 net sales growth outlook to high end of prior 1.0%-2.0% range; operating margin now ~7.2% (prior 6.7%-7.0%).","Free cash flow YTD $280M; ended quarter with $2.5B cash, up 13% YoY; inventory +5% due to tariffs."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-053392","json":"https://secwatch.observer/filing/0001628280-25-053392.json","markdown":"https://secwatch.observer/filing/0001628280-25-053392.md","text":"https://secwatch.observer/filing/0001628280-25-053392.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39911/000162828025053392/0001628280-25-053392-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39911/000162828025053392/gps-20251120.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T18:16:10.836583+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"}