Gap Inc's Earnings Highlight Its Lingering Weakness

Gap Inc‘s shares slid 5% in after hours after it reported a substantial decline in its Q4 profits and guided 2017 EPS way below analysts’ estimates. The contributing to its lackluster performance and guidance are the negative currency headwinds, fierce competition from fast-fashion companies who continue to nibble other retailers’ customer base, and Gap Inc’s poorly positioned merchandise. While the retailer cannot do much about the strengthening dollar, it needs to improve its underlyin...