Gap Shares Drop as Tariffs Hit 2026 Profit Outlook Despite Strong 2025 Results
Gap delivered 8 straight quarters of positive sales growth and launched a $1B buyback, but tariffs and cautious profit forecasts sent shares tumbling nearly 8%.
Gap delivered 8 straight quarters of positive sales growth and launched a $1B buyback, but tariffs and cautious profit forecasts sent shares tumbling nearly 8%.
Six Flags is selling seven amusement parks to EPR Properties for $331 million. This move streamlines operations, pays down debt, and boosts focus on top-performing parks.
American Eagle Outfitters reports record Q4 sales up 10%, driven by Aerie's 23% comp growth and smart marketing. Shares dip despite beating estimates; FY2026 forecasts mid-single-digit sales rise amid tariff challenges.
JD.com posts modest Q4 revenue growth but swings to a loss due to competition and new investments; announces dividend and buybacks in tough China market.
Abercrombie & Fitch issued a cautious 2026 outlook, projecting 3–5% sales growth after factoring in the full 15% U.S. tariffs. Shares fell 5% in premarket trading.
Ross Stores surprises with strong fourth-quarter profits and sales growth, driven by rising same-store sales. The off-price retailer eyes continued momentum in 2026 amid economic challenges.