Gap posts quarterly loss per share of $0.49

. reports fourth quarter and fiscal year 2019 results.q4 loss per share $0.49.q4 earnings per share estimate $0.41 -- refinitiv ibes data.sees fy 2020 adjusted earnings per share $1.80 to $1.92 excluding items.sees fy 2020 earnings per share $1.23 to $1.35.q4 adjusted earnings per share $0.58.q4 sales $4.7 billion versus refinitiv ibes estimate of $4.55 billion.sees q1 earnings per share $0.10.katrina o'connell to become chief financial officer, succeeding teri list-stoll.included in q4 reported results was an impairment charge of $296 million related to store assets and operating lease assets of flagship stores.list-stoll will remain with gap inc. for several months to ensure transition.q4 separation-related charges were $189 million.nancy green will step up to lead old navy brand.mark breitbard will lead company's specialty brands, as well as asia business and franchise.q4 fiscal year 2019 comparable sales were down 1% compared with negative 1% last year.nancy green to lead old navy brand while board, management undergo internal and external search for next president and ceo.due to evolving coronavirus situation, co facing period of uncertainty regarding potential impact on both supply chain and customer demand.for fiscal 2020, co expects its reported diluted earnings per share for fiscal year 2020 to be in the range of $1.23 to $1.35.qtrly gap global comparable sales negative 5% versus negative 5% last year.
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