The Gap, Inc. (NYSE:GAP) is one of the stocks that bleed heavily.
The Gap Inc. declined by 6.13 percent on Monday to end at $21.43 apiece as investors unloaded portfolios following the ex-dividend date for its second quarter dividend payout.
In May this year, The Gap, Inc. said its board of directors approved the distribution of dividends worth $0.165 per share to shareholders as of the July 9 record date. Payments will be made on July 30, 2025.
Based on its historical earnings reporting dates, The Gap, Inc. is set to announce its second-quarter earnings in the fourth week of August 2025.
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In the first quarter ending May 2025, The Gap, Inc. grew its net income by 22 percent to $193 million from $158 million in the same period last year.
Net sales dipped by 2 percent to $3.46 billion from $3.39 billion year-on-year.
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This article is originally published at Insider Monkey.
