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May 28, 2026 8:00 PM

Gap Beats Q1 EPS Estimates, But Tanks 14% — Outlook Steals The Story

Gap Inc. (NYSE:GAP) posted its first-quarter results after Thursday’s closing bell, missing revenue estimates and lowering its fiscal year revenue outlook. Here's a look at the details inside the report. 

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Gap Q1 Details       

Gap reported quarterly earnings of 90 cents per share, which beat the Street estimate of 42 cents, according to Benzinga Pro data.

Quarterly revenue came in at $3.5 billion, which just missed the analyst consensus estimate of $3.52 billion by 0.77%.

Gap reported the following quarterly highlights:

Net sales of $3.5 billion were up 1% compared to last year. Comparable sales were up 2%.

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