in extended trading after the company reported fourth-quarter earnings that exceeded analysts' expectations. Gap reported earnings of 58 cents per share adjusted on revenue of $4.67 billion, while analysts polled by Refinitiv expected earnings of 41 cents per share on revenue of $4.55 billion. The company also made a leadership change, naming Old Navy CFO Katrina O'Connell as the new CFO of Gap.
The company said that it is facing uncertainty regarding the coronavirus' impact on its supply chain and consumer demand, and chose to suspend share repurchases in fiscal 2020.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Slack falls as much as 20% after earnings - Business InsiderSlack stock falls as much as 20% after it reported earnings that show slowing growth and weaker guidance than expected Esto es una limpieza de bajos de manual. Ya que llueve barro, pues caguemonos encima!!! Perdón por la expresión.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »
Stocks fall as U.S. virus response disappoints investorsAsian shares and Wall Street futures fell on Wednesday as growing scepticism abo... What about the Homeless? Investors? Wait, investors? Roiders… Its the virus... not the response...
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »
Stocks remain lower after trading resumes; Dow down 1,800Stocks are sharply lower after resuming trading as traders fear that not enough is being done to contain the economic damange from the coronavirus pandemic. The Dow industrials are down about 8%, following a 15-minute trading halt. we need Joementia to the rescue Buy buy buy!!!!!! Three weeks they're going to sky rocket back up! Traders feel like Americans are panicking too much and so they panic in reaction.
مصدر: AP - 🏆 728. / 51 اقرأ أكثر »
Australian stocks slip as investors watch for stimulus with virus spread continuingInvestors continued to watch for developments around government stimulus as the coronavirus continued spreading globally.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »