Gap (GAP)
Market Price (3/28/2026): $24.74 | Market Cap: $9.2 BilSector: Consumer Discretionary | Industry: Apparel Retail
Gap (GAP)
Market Price (3/28/2026): $24.74Market Cap: $9.2 BilSector: Consumer DiscretionaryIndustry: Apparel Retail
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.7%, FCF Yield is 8.9% | Weak multi-year price returns2Y Excs Rtn is -28% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.5% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and Sustainable Consumption. Themes include Direct-to-Consumer Brands, Eco-friendly Products, Show more. | Key risksGAP key risks include [1] a continued failure to maintain brand relevance and adapt to shifting consumer preferences, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.7%, FCF Yield is 8.9% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and Sustainable Consumption. Themes include Direct-to-Consumer Brands, Eco-friendly Products, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -28% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.5% |
| Key risksGAP key risks include [1] a continued failure to maintain brand relevance and adapt to shifting consumer preferences, Show more. |
Qualitative Assessment
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Gap (GAP) stock has lost about 10% since 11/30/2025 because of the following key factors:
1. Gap Inc. reported a diluted earnings per share (EPS) of $0.45 for Q4 2025, which missed analyst consensus estimates of $0.46 by $0.01, and net income fell 17% to $171 million compared to the prior year. This earnings miss, coupled with a conservative sales outlook provided for fiscal year 2026, contributed to the stock's decline, with shares plummeting over 12% on March 6, 2026, and 14.4% by March 9, 2026.
2. The company's gross margin for Q4 2025 declined 80 basis points, and merchandise margin declined 90 basis points, primarily due to an estimated net tariff impact of approximately 200 basis points. For the full fiscal year 2025, net tariffs were estimated to impact the merchandise margin by 120 basis points, dragging full-year profits down 3% to $816 million. Tariffs were also identified as a concern that could lead to a $100 million hit to operating income for fiscal year 2025, as flagged in earlier reports.
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1. Gap Inc. reported a diluted earnings per share (EPS) of $0.45 for Q4 2025, which missed analyst consensus estimates of $0.46 by $0.01, and net income fell 17% to $171 million compared to the prior year. This earnings miss, coupled with a conservative sales outlook provided for fiscal year 2026, contributed to the stock's decline, with shares plummeting over 12% on March 6, 2026, and 14.4% by March 9, 2026.
2. The company's gross margin for Q4 2025 declined 80 basis points, and merchandise margin declined 90 basis points, primarily due to an estimated net tariff impact of approximately 200 basis points. For the full fiscal year 2025, net tariffs were estimated to impact the merchandise margin by 120 basis points, dragging full-year profits down 3% to $816 million. Tariffs were also identified as a concern that could lead to a $100 million hit to operating income for fiscal year 2025, as flagged in earlier reports.
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Stock Movement Drivers
Fundamental Drivers
The -8.0% change in GAP stock from 11/30/2025 to 3/27/2026 was primarily driven by a -4.7% change in the company's Net Income Margin (%).| (LTM values as of) | 11302025 | 3272026 | Change |
|---|---|---|---|
| Stock Price ($) | 26.90 | 24.74 | -8.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 15,279 | 15,366 | 0.6% |
| Net Income Margin (%) | 5.6% | 5.3% | -4.7% |
| P/E Multiple | 11.8 | 11.3 | -3.8% |
| Shares Outstanding (Mil) | 372 | 373 | -0.3% |
| Cumulative Contribution | -8.0% |
Market Drivers
11/30/2025 to 3/27/2026| Return | Correlation | |
|---|---|---|
| GAP | -8.0% | |
| Market (SPY) | -5.3% | 35.7% |
| Sector (XLY) | -10.4% | 48.0% |
Fundamental Drivers
The 14.0% change in GAP stock from 8/31/2025 to 3/27/2026 was primarily driven by a 24.2% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 3272026 | Change |
|---|---|---|---|
| Stock Price ($) | 21.70 | 24.74 | 14.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 15,166 | 15,366 | 1.3% |
| Net Income Margin (%) | 5.9% | 5.3% | -9.4% |
| P/E Multiple | 9.1 | 11.3 | 24.2% |
| Shares Outstanding (Mil) | 373 | 373 | 0.0% |
| Cumulative Contribution | 14.0% |
Market Drivers
8/31/2025 to 3/27/2026| Return | Correlation | |
|---|---|---|
| GAP | 14.0% | |
| Market (SPY) | 0.6% | 44.4% |
| Sector (XLY) | -8.5% | 49.4% |
Fundamental Drivers
The 12.8% change in GAP stock from 2/28/2025 to 3/27/2026 was primarily driven by a 12.6% change in the company's P/E Multiple.| (LTM values as of) | 2282025 | 3272026 | Change |
|---|---|---|---|
| Stock Price ($) | 21.93 | 24.74 | 12.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 15,235 | 15,366 | 0.9% |
| Net Income Margin (%) | 5.4% | 5.3% | -1.7% |
| P/E Multiple | 10.0 | 11.3 | 12.6% |
| Shares Outstanding (Mil) | 377 | 373 | 1.1% |
| Cumulative Contribution | 12.8% |
Market Drivers
2/28/2025 to 3/27/2026| Return | Correlation | |
|---|---|---|
| GAP | 12.8% | |
| Market (SPY) | 9.8% | 49.1% |
| Sector (XLY) | -1.3% | 54.1% |
Fundamental Drivers
The 112.3% change in GAP stock from 2/28/2023 to 3/27/2026 was primarily driven by a 1435.0% change in the company's Net Income Margin (%).| (LTM values as of) | 2282023 | 3272026 | Change |
|---|---|---|---|
| Stock Price ($) | 11.65 | 24.74 | 112.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 15,898 | 15,366 | -3.3% |
| Net Income Margin (%) | 0.3% | 5.3% | 1435.0% |
| P/E Multiple | 77.3 | 11.3 | -85.4% |
| Shares Outstanding (Mil) | 365 | 373 | -2.1% |
| Cumulative Contribution | 112.3% |
Market Drivers
2/28/2023 to 3/27/2026| Return | Correlation | |
|---|---|---|
| GAP | 112.3% | |
| Market (SPY) | 69.4% | 41.3% |
| Sector (XLY) | 49.0% | 43.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| GAP Return | -11% | -33% | 97% | 16% | 12% | -2% | 51% |
| Peers Return | 24% | -20% | 75% | 28% | 20% | -7% | 148% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -5% | 72% |
Monthly Win Rates [3] | |||||||
| GAP Win Rate | 67% | 33% | 58% | 33% | 50% | 67% | |
| Peers Win Rate | 53% | 42% | 65% | 55% | 55% | 60% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| GAP Max Drawdown | -20% | -53% | -32% | -11% | -25% | -11% | |
| Peers Max Drawdown | -6% | -49% | -19% | -8% | -30% | -16% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -5% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: TJX, ROST, BURL, ANF, AEO. See GAP Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)
How Low Can It Go
| Event | GAP | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -79.6% | -25.4% |
| % Gain to Breakeven | 389.6% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -70.6% | -33.9% |
| % Gain to Breakeven | 239.6% | 51.3% |
| Time to Breakeven | 186 days | 148 days |
| 2018 Correction | ||
| % Loss | -56.7% | -19.8% |
| % Gain to Breakeven | 131.0% | 24.7% |
| Time to Breakeven | 634 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -56.5% | -56.8% |
| % Gain to Breakeven | 130.0% | 131.3% |
| Time to Breakeven | 301 days | 1,480 days |
Compare to TJX, ROST, BURL, ANF, AEO
In The Past
Gap's stock fell -79.6% during the 2022 Inflation Shock from a high on 5/17/2021. A -79.6% loss requires a 389.6% gain to breakeven.
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About Gap (GAP)
The Gap, Inc. operates as an apparel retail company. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, and Athleta brands. Its products include denim, tees, fleece, and khakis; eyewear, jewelry, shoes, handbags, and fragrances; and fitness and lifestyle products for use in yoga, training, sports, travel, and everyday activities for women and girls. The company offers its products through company-operated stores, franchise stores, Websites, third-party arrangements, and catalogs. It has franchise agreements with unaffiliated franchisees to operate Old Navy, Gap, Athleta, and Banana Republic stores and websites in Asia, Europe, Latin America, the Middle East, and Africa. As of December 31, 2021, the company had 2,835 company-operated stores and 564 franchise stores. It also provides its products through e-commerce sites. The Gap, Inc. was incorporated in 1969 and is headquartered in San Francisco, California.
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It's like the American version of Inditex (Zara's parent company) or H&M Group, managing a portfolio of well-known clothing brands.
Imagine a single company that owns a value-focused clothing chain (like Old Navy), a classic American casual brand (like Gap), and a premium activewear brand (like Lululemon for women).
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```html- Apparel: A wide range of clothing for men, women, and children, including denim, tees, fleece, khakis, and specialized fitness and lifestyle wear.
- Accessories: Complementary items such as eyewear, jewelry, shoes, and handbags.
- Personal Care Products: Items like fragrances offered for men, women, and children.
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The Gap, Inc. (symbol: GAP) sells primarily to individuals. Its major customer categories are:
- Men
- Women
- Children and Girls
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Richard Dickson, President and CEO, Gap Inc.
Richard Dickson joined Gap Inc. as President and CEO effective August 22, 2023. Prior to this role, he served as President and Chief Operating Officer of Mattel, where he oversaw innovation strategy, design and development, brand marketing, and franchise management for a portfolio of global brands. He also developed and launched the Mattel Playbook, a brand-building approach, during his time at Mattel. Before Mattel, Dickson was President and CEO of Branded Businesses for The Jones Group.
Katrina O'Connell, Chief Financial Officer
Katrina O'Connell has been with Gap Inc. for over 25 years and has served as Executive Vice President and Chief Financial Officer since March 2020. Her extensive experience within the company includes previous CFO roles at Old Navy and Banana Republic, as well as various other finance and operations positions across the organization.
Haio Barbeito, President and CEO, Old Navy
Horacio "Haio" Barbeito leads Old Navy as its President and CEO. He is described as a multi-disciplined leader with expertise in merchandising, marketing, supply chain, and store operations across various geographies. Before joining Old Navy, Barbeito spent 26 years at Walmart, including a decade in CEO roles for Walmart's international businesses, most recently as CEO for Walmart Canada. He joined Old Navy on August 1, 2022.
Mark Breitbard, President and CEO, Gap Brand
Mark Breitbard has more than 25 years of retail leadership experience, with roles in product, creative, and management at major global brands. He began leading Gap global in 2020, focusing on turning the brand around through new positioning and an updated operating model. Breitbard previously held leadership positions across Gap, contributing to the product-led resurgence of Gap's North America business between 2010 and 2013, and rejoined Gap Inc. in 2017.
Maggie Gauger, President and CEO, Athleta
Maggie Gauger assumed the role of President and CEO of Athleta, effective August 1, 2025. She brings over 25 years of experience in athletic and lifestyle apparel, with deep expertise in brand management, merchandising, product innovation, and digital commerce. Prior to joining Athleta, Gauger served as Vice President and General Manager of Nike's North America Women's Business.
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Here are the key risks to Gap Inc. (GAP):
- Intense Competition and Evolving Consumer Preferences: Gap Inc. operates in a highly competitive and dynamic apparel retail market. The company faces significant pressure from fast-fashion retailers, online-only brands, and other established apparel companies, which constantly vie for market share. Rapidly changing fashion trends, increasing consumer demand for sustainable and ethically produced clothing, and the accelerated shift towards online shopping necessitate continuous adaptation. The inability to consistently meet evolving consumer demands and adapt to fast fashion cycles can lead to "fashion misses" and sales declines, as seen with some brands like Athleta. Consumers also face low switching costs, intensifying price-driven purchasing.
- Macroeconomic Headwinds and Tariff Impacts: Gap Inc. is susceptible to broader global economic conditions, including inflationary pressures, geopolitical instability, and fluctuations in consumer spending. A significant and frequently cited risk is the direct financial impact of tariffs, which have reduced gross margins and are expected to continue to do so. Management estimated tariffs would reduce consolidated operating margin by approximately 100-110 basis points in fiscal 2025, and projected a Q1 2026 gross margin shrink of 150-200 basis points due to these impacts.
- Supply Chain Disruptions and Operational Inefficiency: The company faces ongoing challenges in its global supply chain, which can be affected by geopolitical tensions, natural disasters, transportation shortages, factory closures, and inventory mismanagement. These disruptions can impact product availability, delivery, and ultimately, sales. Furthermore, Gap's "design-to-shelf" cycle is slower compared to fast-fashion rivals, undermining its ability to quickly respond to trend shifts and maintain inventory efficiency. Strengthening its supply chain and improving overall operational efficiency are crucial for meeting demand and maintaining competitiveness.
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The rapid expansion and market share capture by ultra-fast fashion retailers such as Shein and Temu presents a clear emerging threat. These companies leverage highly agile supply chains, sophisticated data analytics, and direct-to-consumer digital marketing to produce vast quantities of trendy apparel at extremely low price points and rapid refresh cycles. This model directly challenges the market position of traditional apparel retailers like Gap, particularly its mass-market brands such as Old Navy and Gap, by offering consumers a constant influx of new styles at significantly lower costs, thereby disrupting established consumer purchasing patterns and market share dynamics.
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Gap Inc. operates in several large addressable markets for its main products and services, including apparel, fashion accessories, and athleisure.
- Global Apparel Market: The global apparel market was valued at approximately $1.84 trillion in 2025.
- U.S. Apparel Market: The U.S. apparel market was valued at $365.70 billion in 2025.
- Global Fashion Accessories Market: The global fashion accessories market size was estimated at USD 1,143.52 billion in 2025.
- U.S. Fashion Accessories Market: The U.S. fashion accessories market was valued at USD 223.2 billion in 2024.
- Global Athleisure Market: The global athleisure market size accounted for USD 472.71 billion in 2025.
- U.S. Athleisure Market: The North America athleisure market size reached USD 126.16 billion in 2025.
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```htmlFor the public company Gap (symbol: GAP), the following are expected drivers of future revenue growth over the next 2-3 years:
- Brand Reinvigoration Across Key Brands: Gap Inc. is prioritizing the rejuvenation of its core brands, including Old Navy, Gap, Banana Republic, and Athleta, through targeted strategies to improve their market standing and performance. Old Navy and the Gap brand have demonstrated consistent positive comparable sales and traffic growth, with Old Navy showing four consecutive quarters of positive growth and the Gap brand recording five consecutive quarters of share gains as of Q2 2024. Banana Republic is also being revitalized with store redesigns and a focus on the premium lifestyle sector, and Athleta is undergoing a turnaround with product innovation. These brand-specific strategies, aimed at strengthening relevance and market share, are anticipated to continue driving revenue.
- Digital-First Strategy and E-commerce Expansion: A significant focus for Gap Inc. is its digital-first approach, with a strong emphasis on growing e-commerce sales. The company aims to enhance customer experiences and operational efficiency through technological innovation and digital solutions, including AI integration. Online sales have been a key driver, increasing 5% in Q4 fiscal 2025 and representing 42% of total net sales. Continued investment in its online platforms and digital engagement is expected to contribute to revenue growth.
- Expansion into New Product Categories (Beauty and Accessories): Gap Inc. is strategically expanding into the beauty and accessories markets to diversify its offerings and leverage opportunities in these fast-growing retail categories. A phased launch began with an initial test at Old Navy in Fall 2025, with plans to scale the beauty business in 2026 and introduce brand-right expressions across its portfolio. This expansion into underdeveloped, yet relevant, categories for its consumers is expected to unlock new revenue streams.
- Optimizing Store Footprint and Enhancing Customer Experience: The company is actively managing its physical store presence by strategically closing underperforming locations to improve operational efficiency and reallocating resources to more profitable ventures. Concurrently, Gap Inc. is accelerating customer experience improvements, including store remodels and refining in-store service and aesthetics across its brands, to build momentum and foster stronger customer engagement and loyalty. These efforts, alongside "fashiontainment" initiatives, are designed to drive traffic and increase sales.
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<h3>Share Repurchases</h3>
<ul>
<li>In fiscal year 2025, Gap Inc. authorized a new $1 billion share repurchase program, which supersedes prior authorizations.</li>
<li>The company repurchased 7 million shares for $155 million during fiscal year 2025 and distributed a total of $402 million to shareholders through dividends and share repurchases.</li>
<li>For fiscal year 2024, Gap Inc. repurchased 3 million shares for approximately $75 million during the fourth quarter and distributed $300 million to shareholders through dividends and share repurchases.</li>
</ul>
<h3>Share Issuance</h3>
<ul>
<li>Gap Inc.'s shares outstanding were 384 million at the end of fiscal year 2025 (January 31, 2026).</li>
<li>The number of shares outstanding increased by 2.13% in fiscal year 2025 compared to 2024, and by 2.45% in fiscal year 2024 compared to 2023.</li>
</ul>
<h3>Outbound Investments</h3>
<ul>
<li>In October 2021, Gap Inc. acquired CB4, an AI startup focused on using machine learning for retail operations, predictive analytics, and demand sensing.</li>
<li>In August 2021, Gap Inc. acquired Drapr, an e-commerce startup that provides 3D-fit technology and virtual fitting rooms.</li>
<li>Early in 2021, Gap Inc. participated in a funding round for obé fitness, a digital fitness platform that collaborates with its Athleta brand.</li>
</ul>
<h3>Capital Expenditures</h3>
<ul>
<li>Gap Inc. anticipates capital expenditures of approximately $650 million for fiscal year 2026, with a focus on investments in store formats, AI, technology, and supply chain improvements.</li>
<li>Capital expenditures for fiscal year 2025 were $447 million.</li>
<li>Fiscal year 2024 capital expenditures were $420 million, and for fiscal year 2023, they were also $420 million.</li>
</ul>
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Gap Stock (-14%): Weak Q1 Guidance and Tariff Fears Spoil In-Line Q4 Results | 03/07/2026 | |
| Gap Stock Pre-Market (-6.2%): Q1 Margin Warning on Tariffs Overwhelms Solid FY26 Outlook | 03/06/2026 | |
| Gap Earnings Notes | 12/27/2025 | |
| Would You Still Hold Gap Stock If It Fell 30%? | 10/17/2025 | |
| How Does Gap Stock Stack Up Against Its Peers? | 08/13/2025 | |
| Better Bet Than GAP Stock: Pay Less Than Gap To Get More From CALM | 08/12/2025 | |
| GAP Dip Buy Analysis | 07/10/2025 | |
| Gap Market Price | 03/10/2025 | |
| ARTICLES | ||
| Mid Cap Stocks Trading At 52-Week High | 02/06/2026 | |
| AEO’s One-Day Rally Offers a Chance to Reevaluate GAP | 08/27/2025 | |
| How Will Gap’s Stock React To Its Upcoming Earnings? | 08/25/2025 | |
| Big Move for AEO, but Do GAP’s Margins and Growth Give It the Edge? | 08/13/2025 |
Trade Ideas
Select ideas related to GAP.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 02272026 | MBLY | Mobileye Global | Dip Buy | DB | Cash/EquityDip Buyer with High Net Cash % EquityBuying dips for companies with significant net cash as a % of market cap along with meaningful cash flow generation | 0.0% | 0.0% | 0.0% |
| 02202026 | SAH | Sonic Automotive | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -5.9% | -5.9% | -6.1% |
| 02132026 | MAT | Mattel | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 2.9% | 2.9% | 0.0% |
| 02132026 | SONO | Sonos | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -0.7% | -0.7% | -4.6% |
| 02062026 | DECK | Deckers Outdoor | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 1.6% | 1.6% | -0.8% |
| 12312016 | GAP | Gap | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -0.0% | 56.1% | -3.6% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 122.12 |
| Mkt Cap | 14.4 |
| Rev LTM | 13,466 |
| Op Inc LTM | 980 |
| FCF LTM | 601 |
| FCF 3Y Avg | 729 |
| CFO LTM | 1,262 |
| CFO 3Y Avg | 1,212 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 4.1% |
| Rev Chg 3Y Avg | 6.1% |
| Rev Chg Q | 6.6% |
| QoQ Delta Rev Chg LTM | 1.7% |
| Op Mgn LTM | 9.3% |
| Op Mgn 3Y Avg | 8.7% |
| QoQ Delta Op Mgn LTM | -0.2% |
| CFO/Rev LTM | 10.8% |
| CFO/Rev 3Y Avg | 10.7% |
| FCF/Rev LTM | 6.3% |
| FCF/Rev 3Y Avg | 7.3% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 14.4 |
| P/S | 1.2 |
| P/EBIT | 15.8 |
| P/E | 22.6 |
| P/CFO | 11.5 |
| Total Yield | 6.4% |
| Dividend Yield | 0.4% |
| FCF Yield 3Y Avg | 5.8% |
| D/E | 0.3 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -3.8% |
| 3M Rtn | -3.0% |
| 6M Rtn | 11.6% |
| 12M Rtn | 28.8% |
| 3Y Rtn | 111.9% |
| 1M Excs Rtn | 1.7% |
| 3M Excs Rtn | 4.5% |
| 6M Excs Rtn | 15.3% |
| 12M Excs Rtn | 18.1% |
| 3Y Excs Rtn | 52.2% |
Comparison Analyses
Price Behavior
Price Behavior
| Market Price | $24.74 | |
| Market Cap ($ Bil) | 9.2 | |
| First Trading Date | 07/23/1987 | |
| Distance from 52W High | -15.1% | |
| 50 Days | 200 Days | |
| DMA Price | $26.46 | $23.72 |
| DMA Trend | indeterminate | down |
| Distance from DMA | -6.5% | 4.3% |
| 3M | 1YR | |
| Volatility | 47.1% | 54.3% |
| Downside Capture | 0.65 | 1.23 |
| Upside Capture | 113.36 | 165.14 |
| Correlation (SPY) | 39.1% | 50.2% |
GAP Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.25 | 1.42 | 1.17 | 1.62 | 1.47 | 1.52 |
| Up Beta | 1.57 | 2.23 | 2.41 | 2.57 | 1.52 | 1.50 |
| Down Beta | 2.96 | 2.11 | 1.86 | 1.30 | 1.03 | 1.04 |
| Up Capture | 102% | 126% | 63% | 203% | 268% | 784% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 12 | 20 | 31 | 62 | 123 | 362 |
| Down Capture | 30% | 51% | 41% | 123% | 137% | 111% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 9 | 21 | 30 | 62 | 128 | 383 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with GAP | |
|---|---|---|---|---|
| GAP | 19.4% | 54.2% | 0.53 | - |
| Sector ETF (XLY) | 4.6% | 23.6% | 0.13 | 56.5% |
| Equity (SPY) | 14.5% | 18.9% | 0.59 | 50.2% |
| Gold (GLD) | 50.2% | 27.7% | 1.46 | -3.9% |
| Commodities (DBC) | 17.8% | 17.6% | 0.85 | 19.8% |
| Real Estate (VNQ) | 0.4% | 16.4% | -0.15 | 37.1% |
| Bitcoin (BTCUSD) | -21.0% | 44.0% | -0.41 | 23.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with GAP | |
|---|---|---|---|---|
| GAP | -0.1% | 55.4% | 0.21 | - |
| Sector ETF (XLY) | 5.6% | 23.7% | 0.20 | 48.2% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | 46.3% |
| Gold (GLD) | 20.7% | 17.7% | 0.96 | 0.9% |
| Commodities (DBC) | 11.6% | 18.9% | 0.50 | 15.5% |
| Real Estate (VNQ) | 3.0% | 18.8% | 0.07 | 35.5% |
| Bitcoin (BTCUSD) | 4.7% | 56.6% | 0.30 | 16.6% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with GAP | |
|---|---|---|---|---|
| GAP | 1.5% | 55.2% | 0.25 | - |
| Sector ETF (XLY) | 11.6% | 21.9% | 0.49 | 49.5% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 46.9% |
| Gold (GLD) | 13.3% | 15.8% | 0.70 | -2.4% |
| Commodities (DBC) | 8.2% | 17.6% | 0.39 | 18.4% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 41.3% |
| Bitcoin (BTCUSD) | 66.9% | 66.8% | 1.06 | 12.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/20/2025 | 8.2% | 19.3% | 14.4% |
| 8/28/2025 | 1.5% | 9.8% | -1.6% |
| 5/29/2025 | -20.2% | -22.8% | -22.0% |
| 3/6/2025 | 18.8% | 6.6% | -1.8% |
| 11/21/2024 | 12.8% | 10.0% | 8.9% |
| 8/29/2024 | 1.6% | -5.0% | -4.5% |
| 5/30/2024 | 28.6% | 14.4% | 3.3% |
| 3/7/2024 | 8.2% | 19.0% | 21.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 16 | 13 | 9 |
| # Negative | 6 | 9 | 13 |
| Median Positive | 7.6% | 16.8% | 14.4% |
| Median Negative | -12.9% | -13.4% | -6.7% |
| Max Positive | 30.6% | 38.0% | 53.4% |
| Max Negative | -24.1% | -32.0% | -26.5% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 01/31/2026 | 03/17/2026 | 10-K |
| 10/31/2025 | 11/25/2025 | 10-Q |
| 07/31/2025 | 08/29/2025 | 10-Q |
| 04/30/2025 | 05/30/2025 | 10-Q |
| 01/31/2025 | 03/18/2025 | 10-K |
| 10/31/2024 | 11/26/2024 | 10-Q |
| 07/31/2024 | 08/30/2024 | 10-Q |
| 04/30/2024 | 05/31/2024 | 10-Q |
| 01/31/2024 | 03/19/2024 | 10-K |
| 10/31/2023 | 11/21/2023 | 10-Q |
| 07/31/2023 | 08/25/2023 | 10-Q |
| 04/30/2023 | 05/26/2023 | 10-Q |
| 01/31/2023 | 03/14/2023 | 10-K |
| 10/31/2022 | 11/22/2022 | 10-Q |
| 07/31/2022 | 08/26/2022 | 10-Q |
| 04/30/2022 | 05/27/2022 | 10-Q |
Recent Forward Guidance [BETA]
Latest: Q3 2025 Earnings Reported 11/20/2025 | Prior: Q2 2025 Earnings Reported 8/28/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2025 Revenue Growth | 1.7% | 1.85% | 2.0% | 23.3% | 0.4% | Raised | Guidance: 1.5% for 2025 |
| 2025 Operating Margin | 7.2% | 5.1% | 0.4% | Raised | Guidance: 6.85% for 2025 | ||
| 2025 Net interest income | 20.00 Mil | 33.3% | Raised | Guidance: 15.00 Mil for 2025 | |||
| 2025 Effective tax rate | 28.0% | 3.7% | 1.0% | Raised | Guidance: 27.0% for 2025 | ||
| 2025 Capital Expenditures | 500.00 Mil | 525.00 Mil | 550.00 Mil | 0 | Affirmed | Guidance: 525.00 Mil for 2025 | |
| 2025 Net store closures | 35 | 0 | Affirmed | Guidance: 35 for 2025 | |||
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Gruber, Julie | Chief Legal&Compliance Officer | Direct | Sell | 12182025 | 28.00 | 30,000 | 840,000 | 1,047,058 | Form |
| 2 | Fisher, John J | Trust | Sell | 12152025 | 27.04 | 3,971 | 107,376 | 20,192,958 | Form | |
| 3 | Fisher, William Sydney | Trust | Sell | 12152025 | 26.82 | 88,860 | 2,383,225 | 74,146,384 | Form | |
| 4 | Fisher, William Sydney | Trust | Sell | 12152025 | 26.81 | 11,140 | 298,663 | 73,820,075 | Form | |
| 5 | Fisher, William Sydney | Trust | Sell | 12052025 | 27.02 | 400,000 | 10,808,000 | 77,100,300 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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