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Instablog9ja
11 hrs
11
A South African lady has blocked her boyfriend on her social media pages after he allegedly ghosted her on her birthday.
She took to her social media page to reveal her fears about he being dead, but few hours later she claimed he was fine but had gone out with his friend just to avoid giving her a birthday treat.
Instablog9ja
13 hrs
15
The suspended Deputy Commissioner of Police, Abba Kyari, has received a warm welcome from family members after his release from detention.
Kyari was released from the Kuje Custodial Centre in the Federal Capital Territory after spending 27 months in detention.
In pictures circulating on the social media on Saturday, Kyari was seen in the company of his family members, with a design on the wall that reads, “Welcome back.”
Instablog9ja
15 hrs
11
Reality TV Star Saga Adeolu has called out his colleague Khalid over a debt he owes him for over 4 months.
He took to his social media page to label Khalid a thief and aired out his frustration about how difficult his colleague has been proving to be with repaying the debt.
Instablog9ja
17 hrs
9
A Nigerian journalist, Sampson Oko Nweke, has advised men to save money with their wives as women are more prudent in spending.
His statement has generated mixed reactions among netizens, with some agreeing with him and others disagreeing
Investopedia
17 hrs
12
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Gap Inc. (GPS) shares surged more than 23% in extended trading on Thursday after the clothing and accessories retailer posted a better-than-expected quarterly earnings report and raised its full-year guidance in signs that the company's turnaround plan is paying off.
For the three month period ending May 4, the retailer posted earnings per diluted share of 41 cents, crushing analysts' estimates of 14 cents a share. Sales in the quarter of $3.39 billion grew 3% from a year earlier and topped expectations of $3.29 billion.
Gap's comparable store sales increased 3% from the year-ago period, showing a significant improvement from a 4% decline in last year’s corresponding quarter. The turnaround was driven by positive same store sales growth in each of the retailer's four brands, which include Old Navy, Gap, Banana Republic, and Athleta.
Looking ahead, the company raised its full-year guidance, saying it now expects net sales to be up slightly, an improvement on its prior forecast where its projected flat annual sales. It also lifted its full-year operating income outlook to the mid-40% growth range, significantly higher than its earlier forecast of growth in the low-to-mid teens.
“We’re feeling very confident about our quarter and it has given us the confidence to raise our guidance for full year 2024, both the outlook for revenue and operating margin," Gap CEO Richard Dickson told in an interview following the quarterly results.
Dickson, who Gap appointed CEO last August, has led an ambitious turnaround plan that has seen the retailer work on improving its operational efficiency and reposition the company’s brands at the forefront of culture. Thursday’s quarterly results and outlook indicate that plan is working and resonating with investors.
Since finding a bottom in May last year, Gap shares have trended higher, with gains accelerating after the 50-day moving average (MA) crossed above the 200-day MA in early October to form a golden cross pattern. Leading into the retailer’s quarterly results, the stock has rallied towards the 50-day MA after a period of recent consolidation, indicating bullish expectations by market participants.
Amid the stock’s projected earnings-driven surge on Friday, investors should closely monitor the $28.50 level, an area where the price would likely run into overhead resistance from its March 2024 high.
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Instablog9ja
20 hrs
11
A heartbroken lady has shared a conversation between herself and her boyfriend of two years who suggested that she acts as his bridesmaid during his wedding.
According to her, she was in a relationship with him for 2 years be for he suddenly chose to marry someone without ending their relationship.
