Gap's Broad Appeal: Strong Quarterly Performance

Gap Inc. defies slowing consumer spending, with equal growth across income levels. CEO Richard Dickson highlights consistent strength in Old Navy and Gap brands, driving a three percent revenue increase and seven consecutive quarters of positive same-store sales. Online sales rise by two percent, now accounting for forty percent of net sales. Product innovation, storytelling, and execution credited for broad appeal.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.