$GAP (GAP) — 8-K: Q2 FY26 adjusted EPS $0.52 beats consensus $0.49 by +5.8%; revenue -2% YoY

GAP beat Q2 FY26 consensus EPS by $0.03 (+5.8%), printing adjusted EPS of $0.52. Revenue was $3,651M, down 2.0% YoY. FY2026 adjusted EPS guidance was raised to $2.35–$2.45. Gross margin strength and Gap brand double-digit comps drove the profit beat, partially offset by Old Navy traffic softness.

GAP beat Q2 FY26 consensus EPS by $0.03 (+5.8%), printing adjusted EPS of $0.52. Revenue was $3,651M, down 2.0% YoY. FY2026 adjusted EPS guidance was raised to $2.35–$2.45. Gross margin strength and Gap brand double-digit comps drove the profit beat, partially offset by Old Navy traffic softness.