Severe winter storms forced temporary closures at hundreds of Gap Inc. locations during the fourth quarter, a disruption the retailer says weighed on results and investor sentiment.
Investors are interpreting last quarter's results, guidance, and management's comments in an unnecessarily bearish light. In the end, that's likely to be a mistake.
Gap (NYSE: GAP) has raised its quarterly dividend by roughly 6% and authorized a fresh $1 billion share repurchase program on the same day its stock fell nearly 9.5% after earnings. For income ...
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