
GAP Inc Turns Around to $1.1 Billion Operating Income on 41.3% Margins
The Gap, Inc.Description
What this story covers
GAP Inc's 2024 10-K shows 1% sales growth to $15.1B, driven by digital channels and brand refreshes. Margins expanded to 41.3% yielding $844M net income. Strong liquidity at $2.6B supports initiatives amid macro and supply risks.
Story snapshot
CompanyThe Gap, Inc.
TickerGAP
VariantStandard detailed
Duration11:58
Filing type10-K
PeriodAnnual 2024
IndustryConsumer Goods
Accession0000039911-25-000029
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