Gap (GAP) Change in Same Store Sales % : 3.00% (As of Jul. 2024)

View and export this data going back to 1976. Start your Free Trial

What is Gap Change in Same Store Sales %?

Same-store sales, also known as comparable-store sales, is the most important financial metric in the retail industry to evaluate the performance of existing stores. It equals the percentage growth of the average sales per store from the previous period to current period.

A positive number indicates that more sales are generated in the same store compared with the previous period, which suggests growing demand. The higher the number is, the more growth the retailer has.

Gap's Change in Same Store Sales % for the quarter that ended in Jul. 2024 was 3.00% , which is the same as 3.00% for the pervious quarter ended in Apr. 2024.

Gap's Change in Same Store Sales % for the annual that ended in Jan. 2024 was -2.00% , which is higher than -7.00% for the pervious year ended in Jan. 2023.

The historical rank and industry rank for Gap's Change in Same Store Sales % or its related term are showing as below:

GAP's Change in Same Store Sales % is not ranked ^*
in the Retail - Cyclical industry.
Industry Median:
* Ranked among companies with meaningful Change in Same Store Sales % only.

Gap Change in Same Store Sales % Historical Data

The historical data trend for Gap's Change in Same Store Sales % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gap Change in Same Store Sales % Chart

Gap Annual Data

Trend

Jan20

Jan21

Jan22

Jan23

Jan24

Change in Same Store Sales %

Get a 7-Day Free Trial

Sales per Store for Retailers (USD Mil)

Get a 7-Day Free Trial

GapQuarterly Data

Trend

Oct19

Jan20

Apr20

Jul20

Oct20

Jan21

Apr21

Jul21

Oct21

Jan22

Apr22

Jul22

Oct22

Jan23

Apr23

Jul23

Oct23

Jan24

Apr24

Jul24

Change in Same Store Sales %

Get a 7-Day Free Trial

Sales per Store for Retailers (USD Mil)

Get a 7-Day Free Trial

Competitive Comparison of Gap's Change in Same Store Sales %

For the Apparel Retail subindustry, Gap's Change in Same Store Sales %, along with its competitors' market caps and Change in Same Store Sales % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gap (NYSE:GAP) Change in Same Store Sales % Explanation

A positive number indicates that more sales are generated in the same store compared with the previous period, meaning growing demand, while a negative number indicates the opposite. The higher the number is, the more growth the retailer has.

Same-store sales can be improved by two factors: average ticket size and the number of tickets. If each customer buys more, the average ticket size will increase. If more customers come to the store, the number of tickets will increase.

Gap Change in Same Store Sales % Related Terms

Thank you for viewing the detailed overview of Gap's Change in Same Store Sales % provided by GuruFocus.com. Please click on the following links to see related term pages.

Gap Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Gap Inc (NYSE:GAP) » Definitions » Change in Same Store Sales %

Comparable Companies

Traded in Other Exchanges

GAP1:Mexico 0ITS:UK GAP:Germany GAP:Germany GPSI34:Brazil

Address

Two Folsom Street, San Francisco, CA, USA, 94105

Website

https://www.gapinc.com

Gap retails apparel, accessories, and personal-care products under the Gap, Old Navy, Banana Republic, and Athleta brands. Old Navy generates more than half of Gap's sales. The firm also operates e-commerce sites, outlet stores, and specialty stores under various Gap names. Gap operates approximately 2,500 stores in North America, Europe, and Asia and franchises about 1,000 more in Asia, Europe, Latin America, and other regions. Gap was founded in 1969 and is based in San Francisco.

Executives

Sarah Gilligan	officer: EVP Sup Chn, Strat & Transform	11305 FOUR POINTS DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Horacio Barbeito	officer: President & CEO, Old Navy	2 FOLSOM STREET, SAN FRANCISCO CA 94105
Mark Breitbard	officer: Pres. & CEO, Banana Republic	2 FOLSOM STREET, SAN FRANCISCO CA 94105
Tracy Gardner	director	C/O DELIA*S, INC., 50 WEST 23RD STREET, 10TH FLOOR, NEW YORK NY 10010
Julie Gruber	officer: EVP & Global General Counsel	2 FOLSOM STREET, SAN FRANCISCO CA 94105
Katrina O'connell	officer: EVP CFO	2 FOLSOM STREET, SAN FRANCISCO CA 94105
John J Fisher	director, 10 percent owner	C/O PISCES INC, 1300 EVANS AVENUE, NO. 880154, SAN FRANCISCO CA 94188
Chris Blakeslee	officer: President & CEO, Athleta	2 FOLSOM STREET, SAN FRANCISCO CA 94105
Tariq M Shaukat	director	ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Gurmeet Singh	officer: Chief Digital & Tech Officer	2 FOLSOM ST, SAN FRANCISCO CA 94105
Richard Dickson	director	C/O MATTEL, INC., 333 CONTINENTAL BOULEVARD, EL SEGUNDO CA 90245
Mary Beth Laughton	officer: President & CEO, Athleta	2 FOLSOM STREET, SAN FRANCISCO CA 94105
Kathryn A. Hall	director	ONE MARITIME PLAZA, SIXTH FLOOR, SAN FRANCISCO CA 94111
Sonia Syngal	officer: EVP, Global Supply Chain	TWO FOLSOM STREET, SAN FRANCISCO CA 94105
Elisabeth B Donohue	director	C/O SYNACOR, INC., 40 LA RIVIERE DRIVE, SUITE 300, BUFFALO NY 14202