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4-Traders Homepage  >  Equities  >  Nyse  >  Gap Inc    GPS

GAP INC (GPS)
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Gap : closing Mall of Louisiana store in Baton Rouge after holidays

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12/13/2017 | 12:19am CET

Dec. 12--The Gap is closing its store in the Mall of Louisiana after the holiday shopping season ends.

A spokeswoman for the San Francisco-based retailer said the store will close on Jan. 26.

Gap Inc. announced plans in September to shutter about 200 Gap and Banana Republic stores over the next three years and open about 270 Old Navy and Athleta locations during the same period.

Lower-priced Old Navy has been a bright spot for the clothing retailer, posting rising sales even as they fell at the Gap and Banana Republic.

According to the company website, there are eight Gap stores, six Banana Republic locations and 10 Old Navy stores in south Louisiana. There's one Athleta location, at Lakeside Shopping Center in Metairie.

___

(c)2017 The Advocate, Baton Rouge, La.

Visit The Advocate, Baton Rouge, La. at www.theadvocate.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

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Financials ($)
Sales 2018 15 700 M
EBIT 2018 1 395 M
Net income 2018 845 M
Finance 2018 505 M
Yield 2018 2,74%
P/E ratio 2018 15,93
P/E ratio 2019 15,80
EV / Sales 2018 0,81x
EV / Sales 2019 0,80x
Capitalization 13 206 M
Chart GAP INC
Duration : Period :
Gap Inc Technical Analysis Chart | GPS | US3647601083 | 4-Traders
Technical analysis trends GAP INC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 27
Average target price 28,7 $
Spread / Average Target -16%
EPS Revisions
Managers
NameTitle
Arthur L. Peck Chief Executive Officer & Director
Sonia Syngal President & Chief Executive Officer-Old Navy
Bob J. Fisher Non-Executive Chairman
Teri L. List-Stoll Chief Financial Officer & Executive Vice President
Paul Joseph Chapman Chief Information Officer & Executive VP
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