Shares of Gap GAP.N edged up 0.2% on Thursday, with the company seen posting lower revenue and EPS when it reports quarterly results, due after the closing bell.
The apparel retailer is expected to post second-quarter revenue of $3.69 billion vs. $3.73 billion a year ago, and adjusted EPS of $0.48 vs. $0.57 in the year-ago period, per LSEG.
Investors are likely to focus on sales trends for Gap, which has been undergoing a turnaround.
In May, the company cut its annual sales forecast, signaling pressure from Americans pulling back on discretionary spending.
Wall Street analysts are cautiously optimistic on the stock, with 10 giving it a "buy" rating and 11 a "hold" rating.
The median 12-month price target on Gap is $24.40; the stock was last at $21.20.
The stock has underperformed in 2026, falling about 17% year to date vs. a roughly 13% gain for the S&P 500 .SPX.
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