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Gap shares slide as tariffs loom large over apparel maker's turnaround plans
finance.yahoo.com/news/gap-shares-slide-tariffs-loom-141211279.html
Gap shares fell 20% in early trading on Friday after the Old Navy owner warned that U.S. tariffs would squeeze this year's profit, even as the apparel maker aims to soften the blow by diversifying its supply chain and investing in U.S. cotton.
The company reaffirmed its annual forecasts…
This story appeared on finance.yahoo.com, 2025-05-30 14:12:11.