In 2020, Old Navy reported revenue of $7.53 billion.
In 2021, Old Navy experienced an increase in revenue, with total revenue rising to $9.08 billion. This represented an increase of approximately 20.6% compared to the previous year.
In 2022, Old Navy saw a slight decline in revenue, with total revenue falling to $8.23 billion. This marked a decrease of approximately 9.4% compared to 2021.
Despite the decline in 2022, Old Navy’s revenue remained higher than its 2020 level, indicating overall growth over the three-year period.
Overall, the trend in revenue for Old Navy over this three-year period indicates an increase in 2021, followed by a modest decline in 2022. However, the company’s revenue in 2022 remained higher than its 2020 level, suggesting continued resilience in its businessperformance.
Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy.
