05.06.2015 - Gap has lowered sales
In Gap announced a reduction of sales in new stores by 1% in May, but the figure exceeded analysts' expectations. At the same time, sales in the company's stores with the exception of new stores fell by 6%. At present time the company shows weak results, but in the second half sales and profit of the company can show growth in case of a successful marketing campaign. We forecast the company's shares increaseby 10% until the end of the year, but do not recommend buying the company's shares in the near future.