Gap Inc shares slipped after-hours despite Q2 earnings per share (EPS) beat, as the retailer raised tariff cost estimates to $150-$175M. CEO Richard Dickson claimed that strong performance from Gap and its other brands would help offset tariff pressures and that a recent ad campaign was extremely well received. The company maintained its sales growth target of 1-2% for year.
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03:04 pm on
29 Aug