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Gap US stocks rose more than 17% after market hours, and Q3 performance exceeded expectations

王俊杰2017
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On the morning of November 17th, Gap (GPS. US), a US clothing group, rose more than 17% to $16.01 after hours on Thursday. Gap announced that its net profit for the third quarter ended October 28th was $218 million, a year-on-year decrease of 22.7%; Adjusted earnings per share of $0.59, expected to be $0.19; Revenue of $3.77 billion, down 7% year-on-year, is expected to be $3.6 billion. The company stated that the marginal profit margin improved by 3.9 percentage points to 41.3% in the previous quarter, better than the market's expected 38.9%.
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