🟢 The Gap is trading 13.14% up in after-hours trading after raising annual profit guidance

The Gap is trading 13.14% up at $23.56 after raising its annual profit guidance following its August 27, 2026 earnings release.

• Adjusted earnings reached $0.52 per share, beating $0.48 expectations, while revenue missed estimates.
• Namesake Gap comparable sales rose 10%, while Old Navy sales declined 4%.
• Management announced a new Old Navy CEO following sluggish sales.