Gap Inc

GAP: XNYS (USA)

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Gap Earnings: In-Line Results Provide Confidence but Tariffs Dampen Outlook; Shares Attractive

David Swartz

Aug 29, 2025

Led by 2% and 4% marks at Old Navy and its namesake brand, respectively, Gap achieved 1% overall comparable sales growth in second-quarter 2025. On the downside, Athleta's sales (8% of total) fell 11% and weighed on Gap's operating margin, which declined 10 basis points to 7.8%.

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Gap Inc

Gap Earnings: In-Line Results Provide Confidence but Tariffs Dampen Outlook; Shares Attractive

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