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OFFON

THE GAP, INC.

(GPS)
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Gap : Foundation Donates $100K to Winter Storm Relief; Supports Employees Through Disaster Relief Fund

02/19/2021 | 08:22pm EST

In response to the devastation caused by recent storms throughout the Southern and Central United States, Gap Foundation will make a $100,000 donation to the recovery of the region.

Through the Selvage Fund, and in partnership with E4E Relief, Gap Foundation is able to support qualifying Gap Inc. employees who have been directly impacted by the storms in Texas, Oklahoma and Louisiana-where IRS Qualified Disaster events have been declared.

Named after the tightly woven edge of a fabric that prevents it from unraveling or fraying, the Selvage Fund was created to support Gap Inc. employees in times of need. The Selvage Fund provides cash grants to qualifying Gap Inc. employees in the US & Canada who need financial support as the result of an IRS qualifying disaster.

Since its launch in June 2020, the Fund has made over 1,700 grants and awarded nearly $1 million to Gap Inc. employees in need. Gap Inc. employees who wish to support colleagues in need can make a tax-deductible contribution to the Selvage Fund at selvagefund.e4erelief.org.

Disclaimer

Gap Inc. published this content on 19 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 February 2021 01:21:07 UTC.


ę Publicnow 2021
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Analyst Recommendations on THE GAP, INC.
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Financials (USD)
Sales 2022 16 668 M - -
Net income 2022 355 M - -
Net Debt 2022 360 M - -
P/E ratio 2022 19,8x
Yield 2022 3,44%
Capitalization 6 172 M 6 172 M -
EV / Sales 2022 0,39x
EV / Sales 2023 0,39x
Nbr of Employees 117 000
Free-Float 52,4%
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Technical analysis trends THE GAP, INC.
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Mean consensus HOLD
Number of Analysts 23
Last Close Price 16,53 $
Average target price 23,95 $
Spread / Average Target 44,9%
EPS Revisions
Managers and Directors
Sonia Syngal President, Chief Executive Officer & Director
Katrina O'Connell Chief Financial Officer & Executive Vice President
Bob L. Martin Executive Chairman
John F. Strain Chief Digital & Technology Officer
Shawn Curran Chief Operating Officer & Executive Vice President
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