Gap inc. reports first quarter fiscal 2025 results

Net sales increased 2% versus last year with comparable sales up 2% 9th consecutive quarter of market share gains operating margin of 7.5% improved 140 basis points versus last year   cash, cash equivalents and short-term investments of $2.2 billion up 28% versus last year san francisco , may 29, 2025 /prnewswire/ -- gap inc. (nyse: gap), the largest specialty apparel company in the u.s. with a portfolio of brands including old navy, gap, banana republic, and athleta, today reported financial results for its first quarter ended may 3, 2025. "gap inc. delivered strong first quarter results, exceeding financial expectations and gaining market share for the 9th consecutive quarter," said president and chief executive officer, richard dickson.
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