Gap shares plummet as retailer says tariffs could cost between $100 and $150 million

Gap beat Wall Street's expectations on the top and bottom lines but is expecting new tariffs to cost hundreds of millions of dollars.

May 29, 2025 - 22:20
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Gap shares plummet as retailer says tariffs could cost between $100 and $150 million
Gap beat Wall Street's expectations on the top and bottom lines but is expecting new tariffs to cost hundreds of millions of dollars.