News Brief: English
Summary
Gap Inc. reported strong fiscal third-quarter results, significantly exceeding Wall Street expectations. Comparable sales across the company rose 5%, driven by the successful viral “Better in Denim” campaign. While net income declined due to tariffs, the company raised its full-year sales and operating margin forecasts.
Key Points
- Strong Sales Performance: Comparable sales grew 5%, well ahead of the 3.1% expectation. This is the strongest growth since 2017, excluding pandemic spikes.
- Earnings Beat: Earnings per share were 62 cents vs. 59 cents expected. Revenue was $3.94 billion vs. $3.91 billion expected.
- Brand Performance:
- Gap: Comparable sales surged 7%, driven by viral marketing.
- Old Navy: Comparable sales up 6%, beating expectations.
- Banana Republic: Comparable sales up 4%, showing continued turnaround.
- Athleta: Sales and comparable sales fell 11%, a significant weak spot.
- Financial Outlook: The company raised its full-year sales growth forecast to the high end of 1.7%-2% and expects an operating margin of around 7.2%.
- Challenges: Net income fell 14% primarily due to tariffs, and the gross margin slightly declined.
新闻简报：中文
总结
Gap公司公布了强劲的第三财季业绩，远超华尔街预期。在病毒式传播的”Better in Denim”营销活动推动下，公司整体同店销售额增长5%。尽管净收入因关税影响有所下降，公司仍上调了全年销售和运营利润率预测。
关键点
- 强劲销售表现：同店销售额增长5%，远超3.1%的预期。这是自2017年以来（排除疫情相关峰值）的最强劲增长。
- 盈利超预期：每股收益为62美分，预期为59美分。营收为39.4亿美元，预期为39.1亿美元。
- 品牌表现：
- Gap：同店销售额激增7%，得益于病毒式营销。
- Old Navy：同店销售额增长6%，超出预期。
- Banana Republic：同店销售额增长4%，显示持续复苏。
- Athleta：销售额和同店销售额下降11%，是明显的业绩短板。
- 财务展望：公司将全年销售增长预期上调至原指引（1.7%-2%）的高端，并预计运营利润率约为7.2%。
- 挑战：净收入下降14%，主要受关税影响；毛利率略有下降。
Original Article Link: https://www.cnbc.com/2025/11/20/gap-q3-2025-earnings.html