Gap shares halted after early earnings release, CEO aiming to boost sales

From NBC Universal: 2024-08-29 10:55:00

Gap shares were halted after quarterly earnings results allegedly released early. CEO Richard Dickson aims to boost sales amid a challenging retail environment. Gap’s first quarter showed positive signs, but investors are cautious about consumer spending. Dollar General shares plunged as it cut sales and profit outlook due to financially strained consumers. American Eagle Outfitters and Best Buy reported progress in boosting profits. Lululemon and Ulta Beauty are set to post results later.



Read more at NBC Universal:: Shares halted after apparent early release