The Miami Entrepreneur

Gap shares tumble nearly 20% after retailer slashes profit guidance for the year

Read Time:7 Second

The lower-income consumer, which is Old Navy’s target customer, is starting to feel pinched by inflation, Chief Executive Officer Sonia Syngal told CNBC.

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Previous post Capital gains may have triggered hundreds of billions more in individual taxes for 2021, analysis shows. How to trim your tax bill
Next post Dick’s shares rally despite lower forecast; company says outdoor hobbies will outlast pandemic