1733 ET - Gap continues to find efficiencies and cost savings that it plans to reallocate to invest toward its portfolio of apparel brands, CEO Richard Dickson says on a call with analysts. "We will be optimizing for growth by cutting low value projects to fuel high value opportunities," Dickson says. "We see significant organic growth potential through smart and targeted investments in areas like design, consumer insights, and store operations that deepen the execution of our playbook and seed new avenues for future growth." Shares rise 16% post-market to $22.54. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
March 06, 2025 17:33 ET (22:33 GMT)
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