The Gap, Inc. revenue 2007-2023

In 2023, the apparel retailer Gap, Inc. had net sales amounting to about 14.9 billion U.S. dollars. This represents a five percent decrease compared to 15.6 billion dollars in the previous year. In 2022, the company had cited inventory delays due to global supply chain disruptions as the primary reason for the fall in net sales, as well as strategic store closures. The fiscal year end of the company is February 3, 2024.

The Gap, Inc.

The Gap, Inc. is an American clothing and accessories retailer based in San Francisco, California and was founded in 1969 by Donald and Doris Fisher. The Gap is a major international clothing retailer and brand. The Gap, Inc. also owns and operates the Old Navy, Banana Republic, Athleta, and Intermix brands. In 2023, The Gap, Inc. operated a total of 3,560 stores. The majority of the company’s stores are in North America, with 472 Gap stores throughout the region as of 2023.

Leading Apparel Companies in the United States

In terms of sales, the leading American apparel company is TJX Companies, which owns brands such as TJ Maxx, Marshalls and HomeGoods. However, when it comes to consumer favorites, the brand Levi's was the clothing brand viewed most favourably by consumers in the U.S. in 2023.