OverviewSuggest Edit
Gap is an apparel retail company that offers clothing, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brands. Its products include denim, tees, button-downs, khakis, and other products, as well as fitness and lifestyle products for use in yoga, training, sports, travel, and everyday activities to women and girls. The Company offers its products through company-operated stores, franchise stores, websites, third-party arrangements, and catalogs.
| Type | Public | |
| Founded | 1969 | |
| HQ | San Francisco, US | Map |
| Website | gapinc.com |
Locations
Key People/Management at Gap
Art Peck
Sonia Syngal
Mark Breitbard
Jyothi Rao
Brent Hyder
Shawn Curran
Gap Office Locations
Gap Financials and Metrics
Gap Revenue
| USD | |
|---|---|
Revenue (Q2, 2018) | 4.1b |
Gross profit (Q2, 2018) | 1.6b |
Gross profit margin (Q2, 2018), % | 39.8% |
Net income (Q2, 2018) | 297.0m |
EBIT (Q2, 2018) | 398.0m |
Market capitalization (13-Feb-2019) | 9.6b |
Closing stock price (13-Feb-2019) | 25.1 |
Cash (4-Aug-2018) | 1.3b |
EV | 9.5b |
- Source: SEC Filings
| USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 3.7b | 3.9b | 3.9b | 3.4b | 3.9b | 3.8b | 3.4b | 3.8b | 3.8b | 3.8b | 4.1b |
Cost of goods sold | 2.3b | 2.4b | 2.4b | 2.2b | 2.4b | 2.3b | 2.1b | 2.3b | 2.3b | 2.4b | 2.5b |
Gross profit | 1.4b | 1.5b | 1.4b | 1.2b | 1.4b | 1.5b | 1.3b | 1.5b | 1.5b | 1.4b | 1.6b |
Gross profit Margin, % | 38% | 37% | 37% | 35% | 37% | 39% | 38% | 39% | 40% | 38% | 40% |
- Source: SEC Filings
| USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Cash | 1.5b | 1.4b | 1.8b | 1.8b |
Inventories | 1.9b | 1.9b | 1.8b | 2.0b |
Current Assets | 4.3b | 4.0b | 4.3b | 4.6b |
PP&E | 2.8b | 2.9b | 2.6b | 2.8b |
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 1.2b | 1.0b | 1.0b | 1.3b | 1.7b | 1.5b | 1.6b | 1.6b | 1.4b | 1.2b | 1.3b |
Inventories | 2.0b | 2.0b | 2.5b | 2.0b | 2.0b | 2.4b | 2.0b | 2.1b | 2.5b | 2.0b | 2.2b |
Current Assets | 4.1b | 3.9b | 4.4b | 3.9b | 4.3b | 4.7b | 4.1b | 4.3b | 4.5b | 4.2b | 4.6b |
PP&E | 2.8b | 2.7b | 2.8b | 2.9b | 2.8b | 2.7b | 2.6b | 2.6b | 2.7b | 2.8b | 2.8b |
| USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Net Income | 1.3b | 920.0m | 676.0m | 848.0m |
Depreciation and Amortization | 564.0m | 592.0m | 593.0m | 559.0m |
Inventories | (9.0m) | (6.0m) | 46.0m | (142.0m) |
Accounts Payable | (41.0m) | (47.0m) | 146.0m | (90.0m) |
| USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2018 | Q1, 2018 | Q2, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 239.0m | 458.0m | 706.0m | 127.0m | 252.0m | 456.0m | 143.0m | 414.0m | 643.0m | 164.0m | 461.0m |
Depreciation and Amortization | 148.0m | 294.0m | 438.0m | 148.0m | 303.0m | 449.0m | 138.0m | 279.0m | 418.0m | 126.0m | 280.0m |
Inventories | (117.0m) | (124.0m) | (615.0m) | (53.0m) | (52.0m) | (513.0m) | (133.0m) | (203.0m) | (636.0m) | (46.0m) | (224.0m) |
Accounts Payable | (20.0m) | 36.0m | 149.0m | (20.0m) | 102.0m | 294.0m | (135.0m) | (49.0m) | 55.0m | (120.0m) | 104.0m |
| USD | Y, 2018 |
|---|---|
EV/EBIT | 23.9 x |
EV/CFO | 17.4 x |
Debt/Equity | 0.4 x |
Debt/Assets | 0.2 x |
Financial Leverage | 2.4 x |
Gap Operating Metrics
| FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Stores | 3.71 k | 3.31 k | 3.31 k | 3.35 k | 3.72 k | 3.28 k | 3.27 k | 3.28 k | 3.20 k | 3.19 k | 3.18 k | 3.19 k | 3.17 k | 3.62 k |
Stores (Franchising) | 440 | 442 | 448 | 446 | 451 | 457 | 461 | 459 | 466 | 463 | 446 | 429 | 446 | |
Trademarks | 11 | 10 | 10 | 10 | ||||||||||
Vendors | 1 k | 1 k | 800 | 800 |
Gap Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Weddington Way | December 05, 2016 | |
| Intermix | January 03, 2013 | $130 m |
| Athleta | September 22, 2008 | |
| Athleta | September 22, 2008 | |
| Athleta | ||
| Athleta (ITM) Inc. | ||
| Athleta LLC | ||
| Banana Republic | ||
| Banana Republic (Apparel) | ||
| Banana Republic (ITM) Inc. |
Gap Revenue Breakdown
Gap revenue breakdown by business segment: 15.0% from Banana Republic Global, 45.7% from Old Navy Global, 33.5% from Gap Global and 5.8% from Other
Gap revenue breakdown by geographic segment: 79.3% from United States , 7.4% from Canada , 8.0% from Asia and 5.4% from Other
Gap Online and Social Media Presence
Gap Company Life and Culture
Gap Frequently Asked Questions
When was Gap founded?
Gap was founded in 1969.
Who are Gap key executives?
Gap's key executives are Art Peck, Sonia Syngal and Mark Breitbard.
How many employees does Gap have?
Gap has 135,000 employees.
What is Gap revenue?
Latest Gap annual revenue is $15.9 b.
What is Gap revenue per employee?
Latest Gap revenue per employee is $117.4 k.
Who are Gap competitors?
Competitors of Gap include Fast Retailing, Inditex and J. Crew.
Where is Gap headquarters?
Gap headquarters is located at 2 Folsom St, San Francisco.
Where are Gap offices?
Gap has offices in San Francisco, New York, Tokyo, Paris and in 4 other locations.
How many offices does Gap have?
Gap has 9 offices.