GAP STORES, INC (GPS)

EARNINGS RELEASE THUSRDAY- MAY 30(AMC)

The auto-trade portal allows you to opt in and out of trades

JUMP BACK

JUMP REPORT

Avg Daily Volume: 5,948,124    Market Cap: 8.13B 
Sector: Services    Short Interest: 13.23

EARNINGS EXPECTATIONS:  

     THIS QTR:   EPS:   .32/share    REV:  3,770/M
___________________________________________________________
     LAST QTR:  EPS:   .68/share    ACTUAL:  .72/share  (BEAT)
____________________________________________________________
     NEXT QTR:  EPS:  .67/share     REV: 4,120/M
______________________________________________________
      FY19:          EPS:   2.46/share   REV: 16,750/M
______________________________________________________
*These are the base metrics we will be watching against the actual release numbers
______________________________________________________

BEAT/MISS HISTORY: 64% OF THE TIME THEY BEAT ESTIMATES

PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %)  23.58, 5.87, -11.92

POTENTIAL JUMP MOVE:   10-12%

Links To Latest News and Headlines

28 Oct, 2020 @ 16:48 by Yahoo! Finance

The insiders can send powerful signals when they use their own cash to buy more shares of their company stock.

27 Oct, 2020 @ 15:56 by Yahoo! Finance

Columbia Sportswear’s third-quarter 2020 results might have been hurt by the adverse impacts of coronavirus pandemic.

More bad news for the beleaguered brick-and-mortar crowd as Gap (NYSE: GPS) announces plans to close 350 Gap and Banana Republic stores, including about 225 in the next year. Why it matters: Wall Street loved the news, driving up the company’s stock, but retail REITs, and those who own them, may not feel the same about the coming gap in those portfolios if these stores are currently their tenants. Why it matters: This GlobeSt.com piece focuses on the Los Angeles market, but I know of at least two such conversions here in little Columbia, South Carolina and can imagine it might look like an attractive repurposing elsewhere.

Gap Inc. (GPS) the largest apparel company in the U.S., used its 2020 investor day to lay out a strategy for growth, a plan that will rely heavily on Gap and Banana Republic store closures and the Athleta brand. Now the company says it will close 350 Gap and Banana Republic stores in North America between fiscal 2019 and fiscal 2023. Many of the closures will come as leases expire, and the company will use the closures to move away from malls, many of which had been struggling even before the coronavirus pandemic.

23 Oct, 2020 @ 15:00 by Yahoo! Finance

The Nike retailing model has shown itself again as The Gap announced Thursday that it will close underperforming stores, focus on the digital-first economy and exit its mall locations. Stressing that it is “North America’s largest retailer,” the company told a virtual media and analyst event that it will be closing 220 of its namesake […]

Analysis and trade direction are uploaded generally between noon and 1pm EST for most events. ALWAYS check back near market close for updates as the analysis can change by end of session.

“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up  Looking forward to having you on-board ASAP”

This area reserved for subscribers to the Options Intelligence Strategy. If this is something you wish to participate in, just let us know below.

NOTE: There is a significant amount of data behind the scenes in getting to the analysis in the tab above. Too much information for traders only confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.