Gap Inc., a collection of purpose-led lifestyle brands, is a leading global retailer offering clothing, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, Athleta, Intermix, and Janie and Jack brands. Fiscal year 2019 net sales were $16.4 billion. Gap Inc. products are available for purchase worldwide through company-operated stores, franchise stores, and e-commerce sites.
Company profile
Ticker
GPS
Exchange
Website
CEO
Sonia Syngal
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Athleta (ITM) Inc. • Athleta LLC • Athleta, Inc. • Banana Republic (Apparel), LLC • Banana Republic (ITM) Inc. • Banana Republic, LLC • Context-Based 4 Casting (C-B4) Ltd. • Context-Based 4 Casting Inc. • Corporate HQ Support Mexico • Direct Consumer Services, LLC ...
IRS number
941697231
GPS stock data
Analyst ratings and price targets
Latest filings (excl ownership)
SD
Conflict minerals disclosure
31 May 23
S-8
Registration of securities for employees
26 May 23
10-Q
2023 Q1
Quarterly report
26 May 23
8-K
Gap Inc. Reports First Quarter Fiscal 2023 Results
25 May 23
8-K
Departure of Directors or Certain Officers
12 May 23
8-K
Cost Associated with Exit or Disposal Activities
27 Apr 23
ARS
2023 FY
Annual report to shareholders
29 Mar 23
DEFA14A
Additional proxy soliciting materials
29 Mar 23
DEF 14A
Definitive proxy
29 Mar 23
10-K
2022 FY
Annual report
14 Mar 23
Transcripts
GPS
Earnings call transcript
2023 Q1
25 May 23
GPS
Earnings call transcript
2022 Q4
9 Mar 23
GPS
Earnings call transcript
2022 Q3
17 Nov 22
GPS
Earnings call transcript
2022 Q2
26 Aug 22
GPS
Earnings call transcript
2022 Q1
27 May 22
GPS
Earnings call transcript
2021 Q4
4 Mar 22
GPS
Earnings call transcript
2021 Q3
24 Nov 21
GPS
Earnings call transcript
2021 Q2
27 Aug 21
GPS
Earnings call transcript
2021 Q1
28 May 21
GPS
Earnings call transcript
2020 Q4
5 Mar 21
Financial summary
| Quarter (USD) | Apr 23 | Jan 23 | Oct 22 | Jul 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Jan 23 | Jan 22 | Jan 21 | Jan 20 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.20 bn | 1.20 bn | 1.20 bn | 1.20 bn | 1.20 bn | 1.20 bn |
| Cash burn (monthly) | 25.00 mm | (no burn) | 6.67 mm | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 35.17 mm | n/a | 9.38 mm | n/a | n/a | n/a |
| Cash remaining | 1.16 bn | n/a | 1.19 bn | n/a | n/a | n/a |
| Runway (months of cash) | 46.5 | n/a | 178.3 | n/a | n/a | n/a |
Institutional ownership, Q1 2023
58.3% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 347 |
| Opened positions | 41 |
| Closed positions | 69 |
| Increased positions | 115 |
| Reduced positions | 117 |
| 13F shares | Current |
|---|---|
| Total value | 2.15 tn |
| Total shares | 214.69 mm |
| Total puts | 11.21 mm |
| Total calls | 5.26 mm |
| Total put/call ratio | 2.1 |
| Largest owners | Shares | Value |
|---|---|---|
| Dodge & Cox | 37.72 mm | $378.73 bn |
| Vanguard | 23.24 mm | $233.30 bn |
| BLK Blackrock | 19.48 mm | $195.55 bn |
| Pzena Investment Management | 10.64 mm | $106.86 bn |
| Citadel Advisors | 8.68 mm | $87.19 bn |
| Dimensional Fund Advisors | 8.14 mm | $81.72 bn |
| Arrowstreet Capital, Limited Partnership | 7.10 mm | $71.14 bn |
| STT State Street | 6.72 mm | $67.51 bn |
| Cooper Creek Partners Management | 6.57 mm | $65.85 bn |
| Fisher Asset Management | 5.98 mm | $59.98 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Jun 23 | Horacio Barbeito | Common Stock | Sell | Dispose S | No | Yes | 7.89 | 789.888 | 6.23 k | 0 |
| 1 Jun 23 | Martin Bob L | Common Stock | Payment of exercise | Dispose F | No | No | 8.08 | 94,412 | 762.85 k | 400,793 |
| 1 Jun 23 | Martin Bob L | Common Stock | Option exercise | Acquire M | No | No | 0 | 254,885 | 0.00 | 495,205 |
| 1 Jun 23 | Martin Bob L | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 254,885 | 0.00 | 845,345 |
| 1 May 23 | Martin Bob L | RSU Common Stock | Grant | Acquire A | No | No | 0 | 202,282 | 0.00 | 1,100,230 |
| 1 Apr 23 | Miles Amy E | Common Stock | Option exercise | Acquire M | No | No | 0 | 2,906 | 0.00 | 30,070 |
| 1 Apr 23 | Miles Amy E | Common Stock | Option exercise | Acquire M | No | No | 0 | 27,164 | 0.00 | 27,164 |
| 1 Apr 23 | Miles Amy E | Stock Units Common Stock | Option exercise | Dispose M | No | No | 0 | 27,164 | 0.00 | 28,809 |
| 1 Apr 23 | Miles Amy E | Dividend Equivalent Rights Common Stock | Option exercise | Dispose M | No | No | 0 | 2,906.215 | 0.00 | 530.085 |
| 1 Apr 23 | Miles Amy E | Dividend Equivalent Rights Common Stock | Grant | Acquire A | No | No | 0 | 1,695.689 | 0.00 | 3,436.3 |
News
Deutsche Bank Maintains Buy on Gap, Raises Price Target to $11
30 May 23
Barclays Maintains Equal-Weight on Gap, Lowers Price Target to $9
30 May 23
10 Consumer Discretionary Stocks Moving In Monday's Intraday Session
29 May 23
11 Consumer Discretionary Stocks Moving In Monday's Pre-Market Session
29 May 23
US Stocks Soar On Debt Ceiling Deal Hopes Despite Fed Hike Risks; Nvidia Eyes $1-Trillion Market Cap On Monster AI Rally
26 May 23
Press releases
GAP INC. ANNOUNCES SECOND QUARTER DIVIDEND
9 May 23
Gap Inc. Releases 2022 ESG Report, Sharing Progress on Sustainability and Inclusion
9 May 23
GAP INC. TO REPORT FIRST QUARTER 2023 RESULTS ON MAY 25
4 May 23
Mattel and Gap Announce New Partnership
20 Apr 23
Mattel and Gap Announce New Partnership
19 Apr 23