Gap Shares Surge on Old Navy Chief Appointment and Profit Beat
AAPL Apple Inc
$317.25 -0.77%
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- 1Gap (GAP) shares surged after appointing a retail industry veteran to head Old Navy
- 2Profit beat estimates, but value-chain sales declined and sales guidance was lowered
- 3Strong profit offset value-chain sales decline and lowered sales guidance
This 3-line summary is compiled from the report below.
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