gap-inc-profitability

Gap Inc. Profitability

Business / By / June 15, 2023
  • In 2020, the company reported a net loss of -$665 million.
  • In 2021, the company reported a net income of $256 million, indicating a positive shift in profitability compared to the previous year.
  • In 2022, the company reported a net loss of -$202 million, indicating a return to negative profitability.
  • Overall, the company’s net income/loss figures over the three-year period show variability, with a net loss in 2020, a net income in 2021, and a net loss again in 2022.

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