尽管阿特莱塔的挣扎和与关税相关的差价压力,但Gap Inc.报告2025年成果强劲,销售额15.4B美元,股息增加,并发起1B回购。 Gap Inc. reported strong 2025 results with $15.4B in sales, raised its dividend, and launched a $1B buyback, despite Athleta's struggles and tariff-related margin pressure.

Gap Inc.报告2025年第四季度净销售额为42亿美元，同比增长2%，同店销售额连续第八个季度增长3%。 Gap Inc. reported Q4 2025 net sales of $4.2 billion, a 2% rise year-over-year, with same-store sales up 3% for the eighth straight quarter. 全年销售额达到154亿美元,达到最高水平,而调整后的EPS则达到2.20美元-2.35美元。 Full-year sales reached $15.4 billion, at the high end of guidance, while adjusted EPS came in at $2.20–$2.35. 尽管出现38.1%的毛额差幅,减少了80个基点,但该公司在运作现金流中赚取了13亿美元,到年底时现金为30亿美元。 Despite a 38.1% gross margin, down 80 basis points, the company generated $1.3 billion in operating cash flow and ended the year with $3.0 billion in cash. 它通过股息和回购向股东退还4.02亿美元,宣布新的10亿美元股票回购计划,并将红利提高6%。 It returned $402 million to shareholders via dividends and buybacks, announced a new $1 billion share repurchase plan, and raised its dividend by 6%. Athleta表现挣扎，全年比赛下降了9%，而Old Navy、Gap和Banana Republic则有所提升。 Athleta struggled, with full-year comps down 9%, while Old Navy, Gap, and Banana Republic saw gains. 该公司预计,由于关税,2026年Q1的总差值将下降150-200个基点,但随着缓解战略的生效,项目将得到改善。 The company expects a 150–200 basis point gross margin decline in Q1 2026 due to tariffs, but projects improvement as mitigation strategies take effect.