Company profile

Ticker
GPS
Exchange
CEO
Arthur L. Peck
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
941697231

GPS stock data

(
)

Calendar

30 Aug 19
17 Sep 19
2 Feb 20

News

Company financial data Financial data

Quarter (USD) Aug 19 May 19 Feb 19 Nov 18
Revenue 4.01B 3.71B 4.62B 4.09B
Net income 168M 227M 276M 266M
Diluted EPS 0.44 0.6 0.72 0.69
Net profit margin 4.19% 6.13% 5.97% 6.51%
Operating income 282M 316M 372M 363M
Net change in cash 236M 233M -250M -364M
Cash on hand 1.18B 941M 708M 958M
Cost of revenue 2.45B
Annual (USD) Feb 19 Jan 17 Jan 16 Jan 15
Revenue 16.58B 15.52B 15.8B 16.44B
Net income 1B 676M 920M 1.26B
Diluted EPS 2.59 1.69 2.23 2.87
Net profit margin 6.05% 4.36% 5.82% 7.68%
Operating income 1.36B 1.19B 1.52B 2.08B
Net change in cash -378M 233M -233M
Cash on hand 708M 1.09B 853M 1.09B

Financial data from Gap earnings reports

Financial report summary

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Risks
  • The separation may not achieve some or all of the anticipated benefits.
  • We must successfully gauge apparel trends and changing consumer preferences to succeed.
  • Our business is highly competitive.
  • We must maintain our reputation and brand image.
  • The failure to attract and retain key personnel, or effectively manage succession, could have an adverse impact on our results of operations.
  • Our investments in customer, digital, and omni-channel shopping initiatives may not deliver the results we anticipate.
  • If we are unable to manage our inventory effectively, our gross margins could be adversely affected.
  • We are subject to data and security risks, which could have an adverse effect on our results of operations and consumer confidence in our security measures.
  • Failures of, or updates or changes to, our IT systems may disrupt operations.
  • Our business is subject to risks associated with global sourcing and manufacturing.
  • Global economic conditions and any related impact on consumer spending patterns could adversely impact our results of operations.
  • Our efforts to expand internationally may not be successful.
  • Risks associated with importing merchandise from foreign countries, including failure of our vendors to adhere to our Code of Vendor Conduct, could harm our business.
  • Our franchise business is subject to certain risks not directly within our control that could impair the value of our brands.
  • The market for prime real estate is competitive.
  • Our business is exposed to the risks of foreign currency exchange rate fluctuations and our hedging strategies may not be effective in mitigating those risks.
  • We experience fluctuations in our comparable sales and margins.
  • Changes in our credit profile or deterioration in market conditions may limit our access to the capital markets and adversely impact our financial position or our business initiatives.
  • Trade matters may disrupt our supply chain.
  • Changes in the regulatory or administrative landscape could adversely affect our financial condition and results of operations.
  • Our results could be adversely affected by natural disasters, public health crises, political crises, negative global climate patterns, or other catastrophic events.
  • Reductions in income and cash flow from our credit card arrangement related to our private label and co-branded credit cards could adversely affect our operating results and cash flows.
  • We are subject to various proceedings, lawsuits, disputes, and claims from time to time, which could adversely affect our business, financial condition, and results of operations.
Management Discussion
  • We are a global omni-channel retailer offering apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, Athleta, Intermix, Janie and Jack, and Hill City brands. We have Company-operated stores in the United States, Canada, the United Kingdom, France, Ireland, Japan, Italy, China, Hong Kong, Taiwan, and Mexico. We have franchise agreements with unaffiliated franchisees to operate Gap, Banana Republic, and Old Navy stores throughout Asia, Europe, Latin America, the Middle East, and Africa. Under these agreements, third parties operate, or will operate, stores that sell apparel and related products under our brand names. Our products are also available to customers online through Company-owned websites and through the use of third parties that provide logistics and fulfillment services. In addition to operating in the specialty, outlet, online, and franchise channels, we also use our omni-channel capabilities to bridge the digital world and physical stores to further enhance our shopping experience for our customers. Our omni-channel services, including order-in-store, find-in-store, ship-from-store, and buy online pick-up in store, as well as enhanced mobile experiences, are tailored uniquely across our portfolio of brands. Most of the products sold under our brand names are designed by us and manufactured by independent sources. We also sell products that are designed and manufactured by branded third parties, primarily at our Intermix brand.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Good
New words: consulting, external
Removed: calculated, payroll, royalty