GAPThe Gap, Inc.

$9B

Q1 2020 Earnings

Consumer Cyclical Apparel - Retail

Income Statement

Revenue

$2.1B-43.1% YoY

Gross Profit

$268M12.7% margin

Operating Income

-$1.2B-59.0% margin

Net Income

-$932M-44.2% margin

EPS (Diluted)

$-2.51

QoQ Revenue Growth

-54.9%

Cash Flow

Operating Cash Flow

-$940M

Free Cash Flow

-$1.1B

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$12.7B

Total Liabilities

$10.4B

Stockholders' Equity

$2.3B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$3.7B	-43.1%
Gross Profit	$268M	$1.3B	-80.1%
Operating Income	-$1.2B	$316M	-493.7%
Net Income	-$932M	$227M	-510.6%

GAP Q1 2020 Earnings — The Gap, Inc. Revenue & Financial Results | Market Cap Arena