GAP ▲ +6.0% - The Gap, Inc. $GAP SEES FY NET SALES GROWTH OF +1% TO +1.5% AND Q3 NET SALES GROWTH OF +1.5% TO +2.5%, AND SAYS CEO RICHARD DICKSON WILL TRANSITION TO AN ADVISORY ROLE, WITH FRANCIS SUCCEEDING HIM AS CEO. Gap shares rose 6.0% today after the company issued forward guidance showing modest net sales growth for both the full year and Q3, while also announcing a leadership transition. CEO Richard Dickson will move into an advisory role, with Francis taking over as the new chief executive. The market's positive response suggests investors view the guidance favorably and may have confidence in the incoming leadership change. 27-AUG-2026 04:20 PM ET