The Gap, Inc. Revises Earnings Guidance for the Fiscal Year 2021
August 26, 2021 at 04:15 pm EDT
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The Gap, Inc. revised earnings guidance for the fiscal year 2021. The company raised its reported full-year diluted earnings per share guidance to be in the range of $1.90 to $2.05. The company now expects net sales growth for fiscal year 2021 to be about 30% versus 2020.
The Gap, Inc. is a specialty apparel company in America. The Company offers apparel, accessories and personal care products for women, men and children. Its Old Navy, Gap, Banana Republic, and Athleta brands offer clothing, accessories and lifestyle products for men, women and children. It is an omni-channel retailer, with sales to customers both in stores and online, through Company-operated and franchise stores, websites, and third-party arrangements. Its omni-channel services, including buying online pick-up in store, order-in-store, find-in-store, and ship-from-store, as well as enhanced mobile-enabled experiences, are tailored across its collection of brands. Gap includes adult apparel and accessories, GapKids, babyGap, Gap Maternity, GapBody, and GapFit collections. Banana Republic is a premium lifestyle retailer celebrating exploration and self-expression through timeless quality, versatile fabrics, and exceptionally made womenswear, menswear, and home designs.
THE GAP, INC. 
