Retail investors are closely watching results from Gap. What should you expect?
The firm reports quarterly results on Thursday after the bell.
According to CNBC’s retail reporter Margaret Brennan analysts will be watching for growth in the company’s Old Navy brand. There’s cautious optimism in this weak economy – cheap clothes offered by Old Navy may attract new constomers.|
What should you expect?
Zaks Earnings Preview says “though same-store sales continue to fall, Gap recently said that first-quarter earnings would top expectations.”