The Gap Hormuz Oil Market Shock: Can Margins Hold?
Can The Gap Hormuz Oil Market shock derail Gap’s margin recovery just as its AI and fashion reboot gain traction?
The Gap, Inc. operates as an apparel retail company in the United States, Canada, Japan, Taiwan, and internationally. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, and Athleta brands. The company offers its products through company-operated stores, franchise stores, websites, and third-party arrangements, as well as licensing partnerships. It has franchise agreements to operate Old Navy, Gap, Banana Republic, and Athleta in Asia, Europe, Latin America, the Middle East, and Africa. The Gap, Inc. was incorporated in…
| Quarter | Revenue | YoY | Net Income | EPS (dil.) | YoY | Gross Margin | Op. Margin |
|---|---|---|---|---|---|---|---|
| Q 2026 Apr 2026 | $3.50B | — | $339.0M | $0.90 | — | 40.5% | 12.7% |
| Q 2026 Jan 2026 | $4.24B | — | $171.0M | $0.45 | — | 38.1% | 5.4% |
| Q 2025 Oct 2025 | $3.94B | — | $236.0M | $0.62 | — | 42.4% | 8.5% |
| Q 2025 Jul 2025 | $3.73B | — | $216.0M | $0.57 | — | 41.2% | 7.8% |
| Q 2025 Apr 2025 | $3.46B | — | $193.0M | $0.51 | — | 41.8% | 7.5% |
Data from Yahoo Finance. YoY compares the same quarter of the prior fiscal year.
Can The Gap Hormuz Oil Market shock derail Gap’s margin recovery just as its AI and fashion reboot gain traction?