Wedbush Reduces F11 EPS Estimate On GPS

Wedbush is reducing its Gap Inc. GPS F11 EPS from $1.95 to $1.90, which “reflects a +0% comp from +1% prior and lower operating margin yoy due to expectations for continued sales challenges.” Gap closed Thursday at $22.72.
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Posted In: Analyst RatingsApparel RetailConsumer DiscretionaryGAPWedbush
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