SAN
FRANCISCO, Aug. 8, 2024 /PRNewswire/ -- Gap Inc.
(NYSE: GPS) a house of iconic American brands including Old
Navy, Gap, Banana Republic, and Athleta, announced today that it
will be changing its ticker symbol from "GPS" to "GAP". Effective
on Thursday, August 22, 2024, the
company's common shares will trade on the New York Stock Exchange
(NYSE) under the new symbol "GAP".
"Updating our NYSE ticker symbol to GAP on our 55th anniversary
recognizes both an important milestone and the reinvigoration
journey we're on - inspired by our past, engaged in the present,
and eager to shape the exciting evolution of our house of iconic
American brands," said Gap Inc. President and Chief Executive
Officer, Richard Dickson.
On August 22, the same day that
the original Gap store opened on Ocean Avenue in San Francisco in 1969, team members will mark
the occasion by ringing the NYSE Opening Bell. In another nod to
its heritage, the company will dress the trading floor in Gap Denim
and 1969 sweatshirts, reminiscent of 1987, when Gap Inc. took over
the New York Stock Exchange for its first Casual Friday, dressing
traders in khakis and casual button-down shirts provided by
Gap.
No action by the company's shareholders is required regarding
the ticker symbol change. The company's common stock will continue
to be listed on the NYSE and its CUSIP number will remain
unchanged.
Webcast and Conference Call Information
The company
also announced that it will report its second quarter fiscal 2024
financial results by press release on August
29, 2024, at approximately 1:15 p.m.
Pacific Time.
In addition, the company will host a conference call to review
its second quarter fiscal 2024 results on Thursday, August 29, 2024, beginning at
approximately 2:00 p.m. Pacific
Time.
A live webcast of the conference call will be available online
at investors.gapinc.com. A replay of the webcast will be available
at the same location.
About Gap Inc.
Gap Inc., a house of iconic brands, is
the largest specialty apparel company in America. Its Old Navy,
Gap, Banana Republic, and Athleta brands offer clothing,
accessories, and lifestyle products for men, women and children.
Since 1969, Gap Inc. has created products and experiences that
shape culture, while doing right by employees, communities and the
planet. Gap Inc. products are available worldwide through
company-operated stores, franchise stores, and e-commerce sites.
Fiscal year 2023 net sales were $14.9
billion. For more information, please visit
www.gapinc.com.
Investor Relations Contact:
Nina Bari
Investor_relations@gap.com
Media Relations Contact:
Megan
Foote
Press@gap.com
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SOURCE Gap Inc.