Gap Inc. (GAP) stock soared by 8.24% on Friday, closing at $24.96, following a higher growth outlook for full-year 2025 despite mixed Q3 earnings. The company now expects net sales to grow by 1.7-2%, up from 1-2% previously. Operating margin is targeted to increase to 7.2%, versus the previous guidance of 6.7-7%. In Q3, Gap reported a 3% increase in net sales to $3.9 billion, with a 5% rise in comparable sales. Net income dropped by 13.9% to $236 million. Gap Inc. President and CEO Richard Dickson expressed confidence in the company’s performance moving forward.

Read more at Yahoo Finance: Gap (GAP) Climbs 8.2% on Higher Growth Outlook