The Gap Inc. (NYSE:GPS) has succeeded in generating higher profits thanks to an upsurge in revenue. Growth At The Gap Inc. (NYSE:GPS) After ending 2010 with an uneven holiday season, The Gap Inc. (NYSE:GPS) had cut its spending this quarter, thereby lowering its operating expenditures by $10 million. The Chief Financial Officer Sabrina Simmons said in an interview that "We would all like to believe that the economy is stabilizing and I think, on a broad trajectory, it is. It’s just a very slow recovery.” The Gap Inc. (NYSE:GPS) stocks were at 22.49 at the end of the last day’s trading. There’s been a 11.4% movement in the stock price over the past 3 months. The Gap Inc. (NYSE:GPS) Analyst Advice Consensus Opinion: Hold Mean recommendation: 2.28 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.31 Zack’s Rank: 18 out of 45 in the industry
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Friday, February 25, 2011
Growth At The Gap Inc. (NYSE:GPS)
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