Tag Team: GPS
Jill: Gap (GPS) is probably one of my least favorite stocks (not just for fundamental and technical reasons) but this retailer has not had a decent trend since maybe skinny jeans in the mid 2000s. It has a strong presence in North America and Europe, as well as dozens of stores in Asia and exploratory stores in Chile, Mexico, Egypt, and South Africa.
In 2012, GPS returned a staggering 67% return. While the share price soared, the company's international operations delivered a disappointing 3% decrease in sales in 2012, adding to 2011's disappointing 7% decrease (maybe "not as bad" is rewarding?) With the company's big plans for 2013 focused on international expansion, I expect that international sales will continue to underperform and in the process, undermine GPS 2013 performance....609 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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