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

Gap beat Wall Street's expectations on the top and bottom lines but said new tariffs could cost it hundreds of millions of dollars.

May 30, 2025 - 01:00
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Gap shares plummet as retailer says tariffs could cost between $100 million and $150 million
Gap beat Wall Street's expectations on the top and bottom lines but said new tariffs could cost it hundreds of millions of dollars.