GAP INC
For the period ended Aug 27, 2026. Filed Aug 27, 2026.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Aug 27, 2026 · Filed Aug 27, 2026
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EX-99.1 · Fiscal 2026 Outlook
Fiscal 2026 Outlook
The Company's outlook reflects a balanced approach, factoring in visibility into the consumer and broader macroeconomic and geopolitical environment in the near term which is largely unchanged, while recognizing potential uncertainties moving forward around energy prices and U.S. tariffs.
The Company's updated full-year net sales outlook of up 1% to 1.5% now assumes Old Navy comparable sales of flat to down 1%, compared with the prior range of flat to up 1%, reflecting the brand's second-quarter performance. Comparable sales at the Gap brand are now expected to grow in the high-single to low double-digit range, compared with prior expectations of up high-single digits, while expectations for the balance of the portfolio remain unchanged.
On a reported basis, the Company now expects full year diluted earnings per share to be approximately $3.77 to $3.87.
The Company's outlook below is provided on an adjusted, non-GAAP basis.
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