Reports Of Gap’s Demise Are Highly Exaggerated, And Mr. Market’s Fears Have Mispriced The Stock
GPS management has shown clarity to survive through various possible scenarios of COVID-19 crisis. GPS management has the levers on cash expense management to navigate various scenarios.
GPS likely will continue having significant cash flows from online sales, including BOPIS using curbside delivery.
GPS is available at significant discounts to its intrinsic value under certain likely scenarios.