Gap Inc. reported stronger-than-expected Q3 earnings, raising full-year sales growth outlook.

Gap Inc. reported better-than-expected Q3 earnings, with net sales up 2% to $3.8 billion. The company raised its full-year outlook, now expecting sales growth of 1.5% to 2%. Gap's Old Navy and Athleta brands showed particular strength. The company's share price increased by around 15% after the results, reflecting investor optimism about its improved performance and outlook.

November 21, 2024
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