GAP: 2021 net sales up 6%

(CercleFinance.com) - GAP has reported FY 2021 net sales that are up 6% LFL relative to 2020, to 16.
7 billion dollars.

Net income came in at 256 million dollars, against a loss of 665 million dollars loss in 2020. Adjusted EPS reached 1.44 dollar.

Gap says that 400 million dollars will be returned to shareholders in dividends for FY 2021.

For 2022, Gap targets adjusted EPS of 1.85 to 2.05 dollars.


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