Gap Inc
GAP: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Bs | LOCK|<! | LOCK|%G>G$Qf |
Gap’s Namesake Brand, Banana Republic, and Old Navy Have Recaptured Some Lost Relevance
Business Strategy and Outlook
We believe Gap lacks an intangible asset or cost advantage that would provide an economic moat. The company has struggled to generate sales growth, and its margins are below historical highs. Even so, CEO Richard Dickson has done an admirable job of stabilizing this long-suffering business.
