Shares of Gap are rising in after-hours trading on Monday after the retailer reported that same-store and net sales increased in January and in its fourth quarter. The Gap stock is rising nearly 3% to $23.63 a share in after-hours trading on Monday after the San Francisco-based company reported that its 2016 fourth quarter and January sales were up after a dismal holiday season for retailers.
Category: GAP
President Of Gap Unit Banana Republic To Leave The Company
Gap Inc. said Tuesday that Andi Owen, global brand president for Banana Republic, will leave the company in late February. Gap’s brands include its namesake, Banana Republic and Old Navy.