Corporate spinoffs can create great investment opportunities. That could be the case for Gap stock after the retail conglomerate spins off its Old Navy brand.
News & Analysis: Gap
Old Navy's sales momentum has slowed abruptly over the past year, but management still thinks the brand has ample long-term growth potential.
The mid-year earnings report indicates the struggling retailer could be hurting even more when it splits from Old Navy in 2020.
How the storied retailer can transform its ailing business.
GPS earnings call for the period ending August 3, 2019.
On a positive day for the major benchmarks, these stocks did better than most.
Delayed China tariffs on certain products is great news for companies preparing for the back-to-school and holiday shopping seasons.
The stock market jumped Tuesday as relations between the U.S. and China appeared to improve.
The struggling retailer had a rough first quarter.
Management focus and valuation are at the heart of why the spin-off makes sense for both retail chains.