Gap's Q3 Boost and Athleta Recovery Signal Rising Rivalry with Lululemon

GuruFocus11-22 23:10

Early trading Friday following the company's announcement of strong Q3 results and revised full-year projection showed significant decline in Gap (GAP, Financial). The retailer linked the achievement ...

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The retailer linked the achievement ...</p>\n\n<a href=\"https://www.gurufocus.com/news/2613531/gaps-q3-boost-and-athleta-recovery-signal-rising-rivalry-with-lululemon\">Source Link</a>\n\n</div>\n","source":"gurufocus_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Gap's Q3 Boost and Athleta Recovery Signal Rising Rivalry with Lululemon</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGap's Q3 Boost and Athleta Recovery Signal Rising Rivalry with Lululemon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-22 23:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.gurufocus.com/news/2613531/gaps-q3-boost-and-athleta-recovery-signal-rising-rivalry-with-lululemon><strong>GuruFocus</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Early trading Friday following the company's announcement of strong Q3 results and revised full-year projection showed significant decline in Gap (GAP, Financial). The retailer linked the achievement ...</p>\n\n<a href=\"https://www.gurufocus.com/news/2613531/gaps-q3-boost-and-athleta-recovery-signal-rising-rivalry-with-lululemon\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1496350502.SGD","symbol_name":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","start_time":0,"source_url":"https://www.gurufocus.com/news/2613531/gaps-q3-boost-and-athleta-recovery-signal-rising-rivalry-with-lululemon","article_id":"2485677042","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485677042","pubTimestamp":1732288243,"sourceInfo":{"source_id":"gurufocus_highlight","name":"GuruFocus"},"weMediaInfo":null,"summary":"Early trading Friday following the company's announcement of strong Q3 results and revised full-year projection showed significant decline in Gap . 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The retailer linked the achievement to better operations over its banners and a strong beginning to the Christmas shopping season. CEO Richard Dickson pointed out a comeback at Athleta, Gap's activewear company, which showed a 5% rise in comparable sales throughout the quarter. \"This quarter, we reached an inflection point with a positive plus 5% comp and we're feeling increasingly confident in the trajectory of the brand,\" Dickson said on the conference call. Strong sales of basic products—especially bottoms—as well as limited-edition items helped to explain the success. Analyst Lorraine Hutchinson of Bank of America (BAC) attributed Athlete's expansion to improved customer experience, creative product development, and strong marketing. For Gap during the pivotal holiday quarter Hutchinson's team forecasts a 5% equivalent sales increase.  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