Gap Q2 Earnings: A Mixed Bag and Cautious Outlook

Markets & Money Today | 2 Min News - A podcast by The Daily News Now! - Fridays

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Gap defies expectations with a surprisingly strong Q2, fueled by stylish Gap brand and Old Navy gains, but Banana Republic's potential turnaround has investors cautiously optimistic. Despite the good news, tariff worries trigger a stock dip as Gap anticipates a $250-$300 million hit, tempering its full-year outlook and overshadowing otherwise positive sales trends. Can Gap navigate these challenges and maintain its momentum through the crucial fall season? Hosted on Acast. See acast.com/privacy for more information.