Gap Inc.’s net profits were flat in the first quarter, but comparable-store sales rose 4 percent and the company nudged up its earnings guidance for the year.
Net income held steady at $233 million, but earnings per diluted share grew to 47 cents from 40 cents a year earlier as the company repurchased stock. EPS came in 1 cent ahead of the 46 cents Wall Street expected.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"