Apparel retailer Gap reported another quarter of net losses and sale dips across its four brands but did manage to significantly improve its margins.
Gap shares jump after retailer reports big improvement in margins
Market Pulse
- : Schumer says Senate will pass debt-ceiling bill tonight02/06/2023
- : Guidewire stock drops after revenue miss, weak outlook01/06/2023
- : Tilly’s says inflation is hurting its younger customers; shares slide after hours01/06/2023
- : Costco stock drops 1% after May online sales fall nearly 8%01/06/2023
- : Zendesk to carry out second round of layoffs01/06/2023
- : JetBlue, Frontier agree on divestiture at LaGuardia in connection with planned Spirit merger01/06/2023
- : Five Below tweaks full-year forecasts, and shares rally01/06/2023
- : Republic Bank plans cost cuts in retail banking division01/06/2023
- : Activist investor Trian shakes up top ranks: report01/06/2023
- : Goldman COO warns that bank expects 25% slump in trading revenue in second quarter: media reports01/06/2023
