jili 63 free 120

Wall Street analysts rerated Gap, Inc GAP after the company reported upbeat third-quarter print Thursday. The company reported sales of $3.829 billion, beating analyst consensus of $3.812 billion. Earnings per share of 72 cents topped analyst estimates of 57 cents. Also Read: Amazon Strengthens Anthropic Partnership with $8 Billion AI Investment It now expects fiscal 2024 revenue of $15.124 billion – $15.198 billion, above the consensus of $14.956 billion. BMO Capital analyst Simeon Siegel maintained Gap with a Market Perform and raised the price target from $23 to $25 . Telsey Advisory Group analyst Dana Telsey reiterated Gap with a Market Perform and a $26 price target. BofA Securities analyst Lorraine Hutchinson maintained Gap with a Neutral and raised the price target from $25 to $28. Guggenheim analyst Robert Drbul reiterated a Buy rating on Gap with a price target of $35. BMO Capital: Gap reported third-quarter EPS that significantly exceeded expectations, with sales slightly surpassing estimates. Key drivers included robust gross margin improvement, supported by more substantial merchandise margins and ROD leverage. Banana Republic, Gap, and Athleta exceeded expectations, while Old Navy met projections despite weather-related challenges. Management highlighted market share gains across all brands and raised its guidance for full-year sales, gross margin, and EBIT growth. Old Navy sales were flat year-over-year, marking a moderation from prior quarters but maintaining momentum. Unseasonably warm weather impacted the performance of children’s apparel, but sales rebounded as weather patterns normalized. Gap Brand delivered its fourth consecutive quarter of positive comparable sales, growing 3% year-over-year, driven by strong product and marketing execution. Banana Republic experienced 2% year-over-year growth, with continued emphasis on improving fundamentals and success in the men’s category. Athleta achieved its most robust growth in two years, with sales increasing 4% year-over-year. New product launches and marketing resonated with customers, driving share gains. Gap’s gross margin reached 42.7%, exceeding the Street’s 42.1% estimate, with a 140-basis-point year-over-year expansion. 90-basis-point merchandise margin growth and operating leverage were key contributors. However, fourth-quarter gross margins are expected to remain flat when adjusted for ROD deleverage from calendar shifts. Telsey Advisory Group: Telsey provided a detailed assessment of Gap following its third-quarter earnings report. The company exceeded expectations across multiple metrics, reflecting strong operational discipline under its new leadership. Gap has demonstrated clear progress under its strategic focus on operational discipline, inventory efficiency, and brand portfolio growth. However, the analyst cautions that sustained consistency in performance and long-term profitability will be critical for investor confidence. The positive momentum in sales and profitability efforts suggests Gap is stabilizing its business and positioning itself for future growth. The price target is based on an 11.5x multiple of the two-year forward EPS estimate of $2.26. While this valuation is slightly below Gap’s historical average of 13.1x, it reflects the company’s ongoing challenges in a competitive retail environment. BofA Securities: Hutchinson highlighted its sales and margin performance while cautioning about future margin expansion. Gap delivered adjusted EPS of $0.72, outperforming Hutchinson’s estimate of $0.54 and the consensus projection of $0.57. The beat was supported by 1.6% sales growth, gross margin improvement, and effective SG&A management. Comps were positive at Athleta (+5%) and Gap (+3%). Management raised its fiscal 2024 guidance, reflecting the third-quarter outperformance. Hutchinson raised fiscal 2024 and fiscal 2025 EPS estimates by 9% and 5%, respectively, projecting $1.97 and $1.99. The analyst increased the price target to $28, based on a 6x 2025 estimated EV/EBITDA. Management raised its fiscal 2024 guidance for sales, gross margin, and operating income. Hutchinson expects gross margin to improve by 350 basis points compared to 2019, driven by reduced promotions and more vital full-price selling. However, Hutchinson highlighted that while Gap has achieved significant cost savings, management may prioritize reinvesting efficiencies into growth initiatives and inflation offsets rather than improving the bottom line. Hutchinson’s price target of $28 reflects a 6x 2025 estimated EV/EBITDA, consistent with peer averages. This valuation balances risks tied to Gap’s exposure to low-income consumers and freight costs against its turnaround potential and Athleta’s relatively more robust performance. While Hutchinson acknowledges the company’s improved sales trajectory, remains cautious on further margin growth. Guggenheim: Drbul highlighted the company’s earnings beat, strategic progress, and upwardly revised guidance. The quarter marked the company’s fourth consecutive quarter of top-line growth and seventh quarter of market share gains. Drbul values Gap at 15.2x 2025 EPS, a premium to its five-year average multiple of 12.5x, reflecting confidence in ongoing operational improvements and growth potential. He highlighted the strength of the Old Navy and Athleta brands as critical drivers, particularly noting Athleta’s position in an attractive apparel segment. With a ~3% dividend yield, Drbul views Gap shares as offering a compelling risk-reward profile supported by significant asset value and strategic optionality. Drbul’s price target underscores optimism about Gap’s ability to sustain its momentum, deliver margin expansion, and execute its reinvigoration initiatives successfully. Price Action: GAP stock is up 11.2% at $24.51 at last check Friday. Also Read: Snap Denies Child Exploitation Allegations, Wants Lawsuit Dismissed © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Croatia's incumbent president set for victory in first round presidential electionPenticton Vees captain commits to New York-based universityjili 63 free 120 。

AP Business SummaryBrief at 4:06 p.m. ESTPOUGHKEEPSIE, N.Y. (AP) — Elijah Lewis scored 21 points as Marist beat Binghamton 69-51 on Sunday. Lewis also had six rebounds and six assists for the Red Foxes (9-2). Josh Pascarelli added 15 points while shooting 6 for 12, including 2 for 5 from beyond the arc and grabbed seven rebounds. Jason Schofield shot 5 of 13 from the field to finish with 10 points. The Bearcats (8-7) were led by Ben Callahan-Gold, who posted 10 points. Gavin Walsh added nine points, 11 rebounds and three steals for Binghamton. Tymu Chenery had nine points and five assists. The loss snapped the Bearcats' six-game winning streak. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

Bills clinch the AFC's No. 2 seed with a 40-14 rout of the undisciplined Jets

NoneLandsea Homes Corp shareholder Chen Huaijun sells $42 million in stockHouse approves $895B defense bill with military pay raise, ban on transgender care for minors

Bills clinch the AFC’s No. 2 seed with a 40-14 rout of the undisciplined Jets

Mayfield says streaking Bucs will have to play even better down the stretch to return to playoffs TAMPA, Fla. (AP) — Baker Mayfield already has matched his career high for touchdown passes in a season, and the Tampa Bay Buccaneers have won three straight games to climb back to the top of the NFC South standings. Fred Goodall, The Associated Press Dec 9, 2024 12:59 PM Dec 9, 2024 1:05 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Tampa Bay Buccaneers quarterback Baker Mayfield (6) runbs away from Las Vegas Raiders defensive end Maxx Crosby (98) during the first half of an NFL football game, Sunday, Dec. 8, 2024, in Tampa, Fla. (AP Photo/Chris O'Meara) TAMPA, Fla. (AP) — Baker Mayfield already has matched his career high for touchdown passes in a season, and the Tampa Bay Buccaneers have won three straight games to climb back to the top of the NFC South standings. The quarterback is trying to lead Tampa Bay to a fourth consecutive division title, and he thinks the Buccaneers (7-6) are going to have to play even better down the stretch not only to achieve their goal of earning a playoff berth but making a deep postseason run. “We will take wins. I don’t really care how it looks,” Mayfield said after a sloppy 28-13 victory over the Las Vegas Raiders lifted Tampa Bay back over .500 in its bid to overcome a stretch in which it lost five of six games. “But offensively, we will have to be a lot more consistent for us to be able to make this push that we want to do, and we know that,” Mayfield added. “There is a lot of ball left, and we have to continue to get better.” Mayfield threw for 295 yards and three touchdowns against the Raiders. He also turned the ball over three times in the first half to help Las Vegas stay close until the fourth quarter. This is the third straight season the Bucs have needed a strong stretch run to pull out of a midseason tailspin and give themselves a chance to get back to the postseason. Mayfield has thrown for 28 TDs to match the total he threw in resurrecting a stalled career with Tampa Bay a year ago. The Bucs, 7-1 in December/January games dating to last season, are the only NFC team that made the playoffs each of the past four seasons. “We’ve got four weeks to play. We’re happy to be playing meaningful football in December. We understand what that means,” coach Todd Bowles said. “We have to go out every week and try to squeeze out these games, but it feels good.” What’s working The improvement of the running game has been a big part of the team’s success. The Bucs rushed for 152 yards against the Raiders, giving them 100-plus on the ground in 10 of 13 games. They reached that number in nine of 34 games over the previous two regular seasons. Rachaad White scored the team’s 14th rushing touchdown. That’s one more than the Bucs had combined in 2022 (five) and 2023 (eight). What needs help While the offensive line opened gaping holes for the running game against Las Vegas, it failed to provide adequate pass protection for Mayfield. The Raiders had four sacks and eight quarterback hits. Mayfield was intercepted twice and lost a fumble that led to Las Vegas’ only touchdown. Stock up Rookie WR Jalen McMillan had four receptions for 59 yards and two TDs — all season highs — against the Raiders. He’s the first Tampa Bay rookie with multiple TDs receiving in a game since O.J. Howard in 2017. Stock down Rookie punter Jack Browning didn’t distinguish himself in his Bucs debut. After hitting a 49-yarder that was returned 16 yards on his first punt, he had a 39-yarder returned 14 yards and a 40-yarder that Raiders punt returner Ameer Abdullah was able to fair catch at the Las Vegas 20. “It’s a work in progress,” Bowles said of how Browning, the third punter the Bucs have used this season, looked. “I’m going to brush it off to rookie jitters and we’ll go from there.” Injuries S Antoine Winfield Jr (knee) and RB Bucky Irving (back) were lost during the first half against the Raiders. Bowles said Monday that Winfield may be sidelined a couple of weeks, meaning he could miss road games against the Los Angeles Chargers and Dallas Cowboys. Irving’s status will be determined later in the week. Key numbers 19, 37 1/2. LB Lavonte David continues to impress in his 13th season. He had a sack, quarterback hit and fumble recovery against Las Vegas. The fumble recovery was the 19th of his career, most among players since he entered the NFL in 2012. He has 37 1/2 career sacks, including four this season. Next up Visit the Chargers, the only opponent the Bucs will face over the remaining four games that has a winning record. ___ NFL: https://apnews.com/hub/nfl Fred Goodall, The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Get your daily Victoria news briefing Email Sign Up More Football (NFL) Saquon Barkley is chasing Eric Dickerson's NFL season rushing record. Can he do it? Dec 9, 2024 1:01 PM Jets still struggling to secure wins and stop blowing late leads in another playoff-less season Dec 9, 2024 1:00 PM Steelers believe they're Super Bowl contenders. The next 3 weeks will see if they're right Dec 9, 2024 12:29 PMUN General Assembly calls for 'unconditional' Gaza ceasefire

Public safety under Congress government in shambles, Says Harish Rao on rising crime rateMOON TOWNSHIP, Pa. (AP) — Amarion Dickerson had 27 points and 15 rebounds to help Robert Morris hold off Northern Kentucky 97-93 in triple overtime on Sunday. Dickerson blocked five shots and had three steals for the Colonials (9-5, 1-2 Horizon League). Sophomore Alvaro Folgueiras scored 21 points and added a career-high 19 rebounds and six assists. DJ Smith had 13 points. The Norse (7-7, 2-1) were led by LJ Wells, who finished with 19 points, 13 rebounds and two steals. Northern Kentucky also got 17 points and six rebounds from Trey Robinson. Randall Pettus II had 17 points. The Norse saw a five-game win streak come to an end. Dickerson's dunk gave Robert Morris a 94-92 lead with 26 seconds left in the third OT. Dilen Miller made two free throws with 3 seconds left to wrap up the victory. Josh Dilling made the second of two free throws with 8 seconds left for the Norse, forcing a second OT tied at 80. Wells hit a 3-pointer with 2:05 left and neither team scored after that, forcing the third OT tied at 86. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .