Company profile

Ticker
GPS
Exchange
Website
CEO
Sonia Syngal
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
941697231

GPS stock data

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FINRA relative short interest over last month (20 trading days) ?

Calendar

17 Mar 20
4 Apr 20
30 Jan 21

News

Company financial data Financial data

Quarter (USD) Feb 20 Nov 19 Aug 19 May 19
Revenue 4.67B 4B 4.01B 3.71B
Net income -184M 140M 168M 227M
Diluted EPS -0.49 0.37 0.44 0.6
Net profit margin -3.94% 3.50% 4.19% 6.13%
Operating income -245M 221M 282M 316M
Net change in cash 265M -389M 236M 233M
Cash on hand 1.05B 788M 1.18B 941M
Cost of revenue 3B 2.44B 2.45B 2.36B
Annual (USD) Feb 20 Jan 17 Jan 16
Revenue 16.38B 15.52B 15.8B
Net income 351M 676M 920M
Diluted EPS 0.93 1.69 2.23
Net profit margin 2.14% 4.36% 5.82%
Operating income 574M 1.19B 1.52B
Net change in cash -33M 233M
Cash on hand 1.05B 1.09B 853M
Cost of revenue 10.25B

Financial data from Gap earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
1 Apr 20 Smith Elizabeth A Stock Units Common Stock Grant Aquire A 0 27,164 0 27,164
1 Apr 20 Miles Amy E Stock Units Common Stock Grant Aquire A 0 27,164 0 27,164
23 Mar 20 Martin Bob L RSU Common Stock Grant Aquire A 0 159,235 0 159,235
60.3% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 395 388 +1.8%
Opened positions 63 57 +10.5%
Closed positions 56 76 -26.3%
Increased positions 133 130 +2.3%
Reduced positions 140 137 +2.2%
13F shares
Current Prev Q Change
Total value 38.19B 36.22B +5.5%
Total shares 225.09M 226.38M -0.6%
Total puts 12.31M 9.67M +27.3%
Total calls 3.21M 2.39M +34.2%
Total put/call ratio 3.8 4.0 -5.1%
Largest owners
Shares Value Change
Dodge & Cox 28.45M $502.98M +35.0%
Vanguard 28.39M $502.01M -1.9%
BLK BlackRock 22.1M $390.67M +6.5%
STT State Street 11.75M $207.72M +1.3%
IVZ Invesco 10.67M $188.57M +10.2%
Parnassus Investments 10.3M $182.1M 0.0%
JPM JPMorgan Chase & Co. 7.82M $138.3M -4.6%
Dimensional Fund Advisors 6.02M $106.39M +3.7%
BK Bank Of New York Mellon 5.23M $92.49M -39.5%
GS The Goldman Sachs Group, Inc. 4.34M $76.73M +15.7%
Largest transactions
Shares Bought/sold Change
AIG American International 1.54M -11.96M -88.6%
Dodge & Cox 28.45M +7.37M +35.0%
Norges Bank 3.57M +3.57M NEW
BK Bank Of New York Mellon 5.23M -3.42M -39.5%
BEN Franklin Resources 149.61K -2.72M -94.8%
Two Sigma Investments 2.43M +2.15M +755.4%
Alps Advisors 2.08M +2.08M NEW
WFC Wells Fargo & Co. 489.35K -1.95M -79.9%
Millennium Management 34.51K -1.65M -98.0%
BLK BlackRock 22.1M +1.34M +6.5%

Financial report summary

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Risks
  • We must successfully gauge apparel trends and changing consumer preferences to succeed.
  • Our business is highly competitive.
  • Global economic conditions and any related impact on consumer spending patterns could adversely impact our results of operations.
  • We may engage in or seek to engage in strategic transactions, such as acquisitions and dispositions, that are subject to various risks and uncertainties, which could disrupt or adversely affect our businesses.
  • We must maintain our reputation and brand image.
  • Our failure to manage key executive succession and retention and to continue to attract qualified personnel 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.
  • Our business is subject to risks associated with global sourcing and manufacturing.
  • 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 efforts to expand internationally may not be successful.
  • The market for real estate is competitive.
  • 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.
  • Trade matters may disrupt our supply chain.
  • 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.
  • 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
  • Fiscal 2019 and 2018 consisted of 52 weeks versus 53 weeks in fiscal 2017. Net sales and operating results, as well as other metrics derived from the Consolidated Statement of Income, include the impact of the additional week; however, the comparable sales calculation excludes the 53rd week.
  • See Note 17 of Notes to Consolidated Financial Statements included in Item 8, Financial Statements and Supplementary Data, of this Form 10-K for net sales by brand and region.
  • Comp Sales include the results of Company-operated stores and sales through online channels. The calculation of Gap Inc. Comp Sales includes the results of Hill City and Intermix, but excludes the results of the franchise business and Janie and Jack.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Good
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