Image source: The Motley Fool. Thursday, May 28, 2026, at 5 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Richard Dickson Chief Financial Officer — Katrina O'Connell TAKEAWAYS Net Sales -- $3.5 billion, up 1%, with comparable sales rising 2%, constituting the ninth straight quarter of positive comps. -- $3.5 billion, up 1%, with comparable sales rising 2%, constituting the ninth straight qua...
Image source: The Motley Fool. Thursday, May 28, 2026, at 5 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Richard Dickson Chief Financial Officer — Katrina O'Connell TAKEAWAYS Net Sales -- $3.5 billion, up 1%, with comparable sales rising 2%, constituting the ninth straight quarter of positive comps. -- $3.5 billion, up 1%, with comparable sales rising 2%, constituting the ninth straight quarter of positive comps. Old Navy Sales -- Net sales of $2 billion increased 1%, with comparable sales up 1%, driven by growth in active, denim, and kids and baby, partially offset by underperformance in seasonal categories. -- Net sales of $2 billion increased 1%, with comparable sales up 1%, driven by growth in active, denim, and kids and baby, partially offset by underperformance in seasonal categories. Gap Brand Performance -- Net sales climbed 10% to $796 million, matching a 10% comp increase, as the brand marked its 10th consecutive positive comp quarter supported by strength in women’s, consistent men’s, and a rebound in kids and baby. -- Net sales climbed 10% to $796 million, matching a 10% comp increase, as the brand marked its 10th consecutive positive comp quarter supported by strength in women’s, consistent men’s, and a rebound in kids and baby. Banana Republic Results -- Net sales reached $431 million, up 1%, with comparable sales up 2%, supported by balanced growth across men's and women's and strong performance in pants and sweaters. -- Net sales reached $431 million, up 1%, with comparable sales up 2%, supported by balanced growth across men's and women's and strong performance in pants and sweaters. Athleta Results -- Net sales fell 12% to $270 million and comparable sales dropped 11%, weighed down by efforts to clear legacy inventory and lagging assortment transformation. -- Net sales fell 12% to $270 million and comparable sales dropped 11%, weighed down by efforts to clear legacy inventory and lagging assortment transformation. Gross Margin -- 40.5%, decl...