GAP ▲ +6.0% - The Gap, Inc. $GAP POSTED Q2 NET SALES OF $3.65 BLN, JUST BELOW THE $3.69 BLN ESTIMATE, WITH ADJUSTED EPS OF 52C, A GROSS MARGIN OF 41.4% AND GLOBAL COMPARABLE SALES UP 10%, THOUGH OLD NAVY COMPARABLE SALES FELL 4% AND TOTAL COMPARABLE SALES DECLINED 1%. Gap shares rose 6.0% today following mixed second-quarter results that included a modest sales miss but demonstrated operational strength in key metrics. While net sales of $3.65 billion fell short of the $3.69 billion estimate and total comparable sales declined 1%, the company posted a strong adjusted EPS of 52 cents, expanded gross margin to 41.4%, and achieved a 10% increase in global comparable sales across its portfolio—though Old Navy's 4% comparable sales decline weighed on the overall comp figure. 27-AUG-2026 04:20 PM ET