Gap shares slide as tariffs loom large over apparel maker's turnaround plans

Gap shares fell 20% in early trading on Friday after the Old Navy owner warned that U.S. tariffs would squeeze this year's profit.

Jun 1, 2025 - 00:25
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Gap shares slide as tariffs loom large over apparel maker's turnaround plans
Gap shares fell 20% in early trading on Friday after the Old Navy owner warned that U.S. tariffs would squeeze this year's profit.