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At close · Thu, Aug 27, 2026
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Home›Earnings›Previews›Gap shares jump after naming new Old Navy CEO

Gap shares jump after naming new Old Navy CEO

Reported · Written up by our desk · Previews

Gap shares rose about 9% after the company named a new CEO for Old Navy, according to CNBC Markets.

The announcement came alongside Old Navy reporting a decline in comparable sales for its most recent quarter, a signal the brand is struggling to regain momentum.

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Sources

CNBC MarketsGap shares jump 9% after company names new Old Navy CEO to revive struggling brand
CNBC EarningsGap shares jump 9% after company names new Old Navy CEO to revive struggling brand

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