Gap shares halted after apparent early earnings release

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Apparel Retail,Gap Inc,Earnings

Gap shares were halted after the apparent early release of its earnings, which are due after the closing bell Thursday.

The apparel retailer is set to post its results after the bell Thursday, but a presentation reportedly briefly appeared on its website in the morning.

Gap is set to post results as CEO Richard Dickson aims to lead a sales turnaround at the legacy retailer.Facade of GAP retail store with logo sign on sunny day, San Francisco, California, June 7, 2024.shares were halted Thursday morning after its quarterly earnings results were apparently released early.

The apparel retailer is set to post second-quarter earnings after the closing bell Thursday. But Bloomberg reported that a presentation showing the results briefly appeared on Gap's website in the morning. The earnings no longer appeared to be posted on Gap's site when the stock was halted just before 10 a.m. ET. Shares were down nearly 1% before the trading pause.Gap's earnings come as CEO Richard Dickson, who took the helm last year, tries to lead a sales turnaround at the legacy retailer. The company showed early positive signs in its first quarter, when itThis story is developing. Please check back for updates.

 

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