Gap: Wheres the growth going to come from?

L

Lollee

Gaps revenues in 2010 have been up in every quarter when compared to 2009. However the company has reported that December net sales were flat when compared with last year and has reaffirmed EPS guidance of $1.77-1.82 per share (2009: $1.58). Trading on a current forecast PE of approximately 13 times earnings compared to an average PE of 24.33 for the S&P as a whole GAP offers a better earnings yield than many other constituents. However with persisting high levels of unemployment, the risk of rising interest rates and the possibility of a double dip in the housing market Gap may yet face significant economic headwinds.

Wheres the growth going to come from?

http://american-business-news.com/page10.htm
 
Quote from Lollee:
----The Gap's revenues....
----December net sales were flat....
----GAP offers a better earnings yield....
----Where will the growth come from?
More...
How many pairs of blue jeans, khaki slacks and light-blue, dress shirts does one need to own? :confused:
 
Quote from nazzdack:

How many pairs of blue jeans, khaki slacks and light-blue, dress shirts does one need to own? :confused:
More...



:p :p :p :p :p


I usually stop in the gap to get a good laugh, agree, its the same repetitive clothing year after year after year. Same thing with the other chain stores, banana republic and old navy.
 
Quote from Lollee:

However with persisting high levels of unemployment, the risk of rising interest rates and the possibility of a double dip in the housing market XXX may yet face significant economic headwinds.
More...

I'm not sure what is so special about Gap you could pretty much fill in XXX with any business in America (or at least any business whose main revenue source is not the federal government).
 
You must log in or register to reply here.
Back
Top