Pomerantz LLP is investigating claims on behalf of investors of The Gap Inc. concerning whether Gap and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. The investigation follows Gap's May 28, 2026 first-quarter financial results, which included revenue of $3.5 billion, an increase of only 1% year-over-year that fell short of analyst expectations. Results fell short across key segments including Old Navy and Athleta, prompting management to cut 2026 full-year net sales guidance. On this news, Gap's stock price fell $3.85 per share, or 15.4%, to close at $21.15 per share on May 29, 2026.
The Gap, Inc.Q1 revenue missed expectations and full-year guidance was cut, causing a 15.4% stock drop.