04:35 PM EST, 11/21/2024 (MT Newswires) -- Gap (GAP) reported Q3 earnings late Thursday of $0.72 per diluted share, up from $0.58 a year earlier.

Analysts polled by FactSet expected $0.59.

Net sales for the quarter ended Nov. 2 were $3.83 billion, up from $3.77 billion a year earlier.

Analysts surveyed by FactSet expected $3.81 billion.

The company said it expects fiscal 2024 net sales to increase 1.5% to 2%, versus previous guidance for sales to be "up slightly" year over year.

Shares of the company jumped past 13% in recent after-hours activity.

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