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Gap Inc. is a leading specialty apparel company that designs, manufactures, and sells clothing, accessories, and personal care products for men, women, and children. Operating as an omni-channel retailer, Gap Inc. serves customers through company-operated stores, franchise locations, e-commerce platforms, and third-party arrangements. Its iconic brands include Old Navy, Gap, Banana Republic, and Athleta, each catering to distinct customer needs and preferences.
- Old Navy Global - Offers affordable, on-trend fashion for value-conscious customers, primarily in North America, through over 1,200 company-operated stores and franchise locations globally.
- Gap Global - Provides casual American-style apparel and accessories, including specialized collections like GapKids, babyGap, Gap Maternity, GapBody, and GapFit, through company-operated and franchise stores worldwide.
- Banana Republic Global - Delivers premium, expertly crafted clothing and accessories targeting modern explorers, available through company-operated and franchise retail locations globally.
- Athleta Global - Focuses on lifestyle products and activewear for women and children, sold through company-owned stores and online platforms.
- Other - Includes revenue-generating strategic initiatives, contributing a small fraction to overall sales.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Richard Dickson ExecutiveBoard | President and Chief Executive Officer | Richard Dickson has been the President and Chief Executive Officer of Gap Inc. since August 22, 2023. He has also served as a director of the company since 2022. | View Report → | |
Amy Thompson Executive | Executive Vice President and Chief People Officer | Amy Thompson is the Executive Vice President and Chief People Officer at Gap Inc. since January 2024. Previously, she held executive HR roles at companies such as Mattel, TOMS Shoes, and Starbucks. | ||
Chris Blakeslee Executive | President and Chief Executive Officer, Athleta | Chris Blakeslee has been serving as President and Chief Executive Officer of Athleta, a brand under Gap Inc since August 2023. He previously served as President at BELLA+CANVAS and Alo Yoga from January 2020 to July 2023 and as Executive Vice President at Color Image Apparel from October 2017 to December 2019. | ||
Eric Chan Executive | Executive Vice President, Chief Business and Strategy Officer | Eric Chan has been the Executive Vice President, Chief Business and Strategy Officer at Gap Inc. since January 8, 2024. Previously, he served as CFO of the LA Clippers from August 2018 to December 2023, COO at Bouqs Company from February 2017 to August 2018, and CFO at Loot Crate from October 2015 to February 2017. | ||
Horacio Barbeito Executive | President and Chief Executive Officer of Old Navy | Horacio Barbeito is the President and Chief Executive Officer of Old Navy since August 2022. He previously held executive roles at Walmart, including leadership positions in Canada, Argentina, and Chile, demonstrating his extensive global retail expertise. | ||
Julie Gruber Executive | Executive Vice President and Chief Legal and Compliance Officer | Julie Gruber currently serves as the Executive Vice President and Chief Legal and Compliance Officer at The Gap, Inc. since March 2020, and she has held multiple senior legal roles at GAP such as Global General Counsel and Senior Vice President, reflecting her extensive experience in corporate law and compliance. | ||
Katrina OConnell Executive | Executive Vice President and Chief Financial Officer | Katrina O’Connell is the Executive Vice President and Chief Financial Officer at GAP Inc. since March 2020. Previously, she held key financial leadership roles at Old Navy and Banana Republic within GAP Inc.. | ||
Mark Breitbard Executive | President and Chief Executive Officer of the Gap brand | Mark Breitbard has been the President and Chief Executive Officer of the Gap brand since September 2020. He has held multiple executive positions within GAP, including roles at Specialty Brands and Banana Republic, and previously served as CEO of The Gymboree Corporation. | ||
Sally Gilligan Executive | Executive Vice President, Chief Supply Chain and Transformation Officer | Sally Gilligan is the Executive Vice President, Chief Supply Chain and Transformation Officer at Gap Inc. since January 2024. She has previously held key roles at Gap Inc., including Chief Supply Chain, Strategy and Transformation Officer (March 2023 to January 2024), Chief Growth Transformation Officer (April 2021 to March 2023), Chief Information Officer & Head of Strategy (April 2018 to March 2021), and Senior Vice President, Product Operations and Supply Chain (2015 to April 2018). |
Recent press releases and 8-K filings for GAP.
- FY 2024 performance: Net sales reached $15.1B and operating income was $1.1B with a 1% YoY sales increase and robust comparable sales growth across all brands .
- Q4 Fiscal 2024 results: Recorded net sales of $4.1B and operating income of $259M, with a 38.9% gross margin and EPS rising to $0.54 – a 10% jump from last year’s Q4 .
- Fiscal 2025 outlook: Forecasts include net sales growth of 1–2% and operating income growth of 8–10%, along with capital expenditures expectations and planned store closures to sustain operational momentum .
- Strategic highlights: All four brands gained market share, driven by strong comparable sales and significant digital sales contribution .
- Capital actions: Initiated a share repurchase of 3 million shares for ~$75M in Q4 and announced a Q1 dividend of $0.165 .
- Gap Inc. has authorized a first quarter fiscal year 2025 dividend of $0.165 per share.
- The dividend represents a 10% increase compared to the fourth quarter of fiscal year 2024.
- The payment is scheduled for on or after April 30, 2025 with the record date set for April 9, 2025.