Stock Alert: Gap Slides 17% As Q3 Profit Falls

Shares of Gap Inc, (GPS) are falling more than 17 percent or $4.66 in Wednesday's morning trade at $22.22 after the apparel retailer's third-quarter net income declined from last year.

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Best Buy, Abercrombie & Fitch, Dollar Tree Q3 Results Beat View

U.S. retailers Best Buy Co. Inc., Abercrombie & Fitch Co., and Dollar Tree Inc. on Tuesday reported results for the third quarter that surpassed analysts' expectations. The upbeat results indicate that retailers have largely recovered from the impact of the coronavirus pandemic just as the holiday season approaches. The companies have also intensified their focused on digital sales.

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Abercrombie & Fitch Q3 Profit Surges, Beats View - Quick Facts

Abercrombie & Fitch Co. (ANF) on Tuesday reported net income for the third quarter of $42.27 million or $0.66 per share, up sharply from $6.52 million or $0.10 per share in the year-ago period.

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Chico's FAS Q3 Loss Widens, Revenue Down 27.5% - Quick Facts

Chico's FAS Inc. (CHS) reported Tuesday that its third-quarter net loss widened to $55.87 million or $0.48 per share from $8.12 million or $0.07 per share in the year-ago quarter.

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J.M. Smucker Raises FY21 Outlook - Quick Facts

While reporting its financial results for the second quarter on Tuesday, J.M. Smucker Co. (SJM) raised its financial outlook for fiscal 2021.

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Movado Group Q3 Profit Declines - Quick Facts

Movado Group Inc. (MOV) reported Tuesday that its net income for the third quarter declined to $14.83 million or $0.63 per share, from $17.77 million or $0.76 per share in the prior-year quarter.

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Jacobs Sees FY21 Earnings In Line With Estimates; Launches Focus 2023 Initiative - Quick Facts

While reporting its financial results for the fourth quarter on Tuesday, Jacobs Engineering Group Inc. (J) initiated its forecast for fiscal 2021 adjusted earnings of $5.20 to $6.00 per share and adjusted EBITDA of $1.055 billion to $1.155 billion.

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