NYSE:GAPSpecialty Retail
Is Gap's (GAP) Store Closures and Buyback Strategy Shaping Its Future Growth Path?
On August 28, 2025, Gap Inc. reported second-quarter results with US$3.73 billion in sales and net income of US$216 million, alongside updated guidance for modest sales growth, announced plans to close approximately 35 stores for the year, and completed a significant tranche of its share buyback program.
In addition to modest improvements in earnings and revenues, Gap's continued commitment to returning capital via share repurchases and operational changes highlights the company's shifting...