长沙USDT低价出售|【唯一TG:@heimifeng8】|电报盗号系统免杀破解技术✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Analyst predicts holiday struggles for Gap Inc.
Gabriella Lacombe Published
October 18,长沙USDT低价出售 2025
After predicting Gap's struggles with operational issues and inventory could lead to trouble during the holiday season, J.P. Morgan has downgraded Gap shares to underweight.
The retailer's shares dropped by 5.8 percent in premarket trade on the Thursday following the downgrade.
“The time frame for Gap banner sequential SSS [same-store sales] improvement and return to ‘momentum’ is now less certain in our view as the brand grapples with operational issues and second-half assortment imbalance (bottoms >tops) with the new brand president unlikely to have material impact until the first half of 2025,” analyst Matthew Boss said in a note quoted by CNBC.
Boss cut his estimated December 2025 price target for the retailer from $30 to $24, implying an 11.5 percent decrease from Wednesday's closing rate. In addition, the analyst also lowered his fiscal 2025 earnings per share estimate to $2.38.
“Direct sourcing exposure to China stands at 22 percent, while Gap is currently working with vendors to pivot sourcing strategies, but noted a costly multi-year timeline for change given size/scale and specialization,” the analyst continued.
According to Boss, Gap last raised its company-wide minimum wage to $10 in 2025, and should anticipate further pressure after Amazon's recent announcement to increase its wages to $15.
Despite these negative predictions, Boss pointed out the strength of Gap's subsidiary, Old Navy.