Gap: analysts mention good momentum at Old Navy
(CercleFinance.com) - Shares in US fashion retailer Gap were up on Monday after analysts cited strong sales during the Thanksgiving weekend at its casual, low-cost chain, Old Navy.
Gap shares were up 0.6% in early trading in Wall Street.
"Old Navy was a clear traffic winner and promos were flat vs. last year," analysts at Jefferies said.
Store traffic at Old Navy was "very busy," Credit Suisse analysts confirmed.
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Gap shares were up 0.6% in early trading in Wall Street.
"Old Navy was a clear traffic winner and promos were flat vs. last year," analysts at Jefferies said.
Store traffic at Old Navy was "very busy," Credit Suisse analysts confirmed.
Copyright (c) 2018 CercleFinance.com. All rights reserved.