Gap Inc. (NYSE: GAP)
Apparel Retail Β· San Francisco, CA, United States Β· Founded 1969
- Market capitalization: $8.0 billion
- Annual revenue: $15.37 billion
- Net income: $0.82 billion
- Employees: 95,000
- Sector: Consumer Cyclical
- Headquarters: San Francisco, United States
- Founded: 1969
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Gap Inc. is an American apparel retailer operating four brands: Old Navy, Gap, Banana Republic, and Athleta. Old Navy is the company's largest and most profitable brand, targeting value-conscious families. The company operates over 3,400 stores globally and has a significant e-commerce business. Gap Inc. has struggled for years to revitalize the namesake Gap brand while Old Navy has carried the portfolio.
Gap Inc. earns revenue from the sale of apparel, accessories, and personal care products through its own stores, e-commerce platforms, and franchise partners. Old Navy's value positioning and Athleta's athleisure focus provide the growth engines, while Gap and Banana Republic have been turnaround projects.
Donald and Doris Fisher founded Gap in 1969 in San Francisco, originally selling Levi's jeans and records. Old Navy was launched in 1994 and quickly became the company's largest brand. Gap Inc. explored spinning off Old Navy in 2019 but abandoned the plan. A revolving door of CEOs and creative directors at the Gap brand has failed to restore its cultural relevance.
| Market Capitalization | $8.0B |
| Annual Revenue | $15.37B |
| Net Income | $0.82B |
| Profit Margin | 5% |
| Revenue per Employee | $161789K |
| Stock Exchange | NYSE |
| Ticker Symbol | GAP |
Financial data is approximate and based on most recent annual filings.
Old Navy is one of only a handful of apparel brands that generates over $8 billion in annual revenue. The original Gap store was named after "the generation gap"βa reference to the cultural divide between baby boomers and their parents.
Gap Inc. is really an Old Navy story with some other brands attached. If management can stabilize Gap and Banana Republic while Old Navy continues to execute, the stock is undervaluedβbut that's a big "if" given the company's track record.
What is Gap Inc.'s revenue?
Gap Inc. generates approximately $15.37 billion in annual revenue.
How many employees does Gap Inc. have?
Gap Inc. employs approximately 95,000 people worldwide.
What is Gap Inc.'s market cap?
Gap Inc. (GAP) has a market capitalization of approximately $8.0 billion on the NYSE.
When was Gap Inc. founded?
Gap Inc. was founded in 1969 and is headquartered in San Francisco, CA, United States.
Who is the CEO of Gap Inc.?
Richard Dickson is the current CEO of Gap Inc..
What is Gap Inc.'s website?
Gap Inc.'s official website is gapinc.com.
| CEO | Richard Dickson |
| Sector | Consumer Cyclical |
| Industry | Apparel Retail |
| Founded | 1969 |
| HQ | San Francisco, CA |
| Country | United States |
| Website | gapinc.com |
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