David Swartz

3 weeks ago | morningstar.com | David Swartz

We believe Gap lacks an intangible asset or cost advantage that would provide an economic moat. The company has experienced years of inconsistent results. Still, Gap has fair liquidity, and we view its Old Navy nameplate as a solid business. According to Euromonitor, it is the largest individual apparel brand by retail sales in the US, and, despite ongoing issues, we view Gap's goal of $10 billion in annual sales for Old Navy (up from $8.4 billion in 2024) as achievable by the end of this decade.

4 weeks ago | morningstar.com | David Swartz

Gap GAP had 2% same-store sales growth in first quarter 2025, as Old Navy achieved a 3% increase. The firm’s gross and operating margins rose 60 and 140 basis points, respectively, to 41.8% and 7.5%. However, tariff concerns caused shares to fall 15% on May 29 post-market trading. Why it matters: Gap’s shares had surged more than 50% since the tariff announcement of April 2, as investors focused on the firm’s ongoing turnaround rather than the risk.

1 month ago | esthervillenews.net | David Swartz

Posted 5/29/25RUTHVEN — Graettinger-Terril/Ruthven-Ayrshire pitchers struggled to find the strike zone in a 19-2, five-inning loss to Harris-Lake Park last Friday. Titan pitchers gave up just four hits, but …This item is available in full to subscribers.

1 month ago | esthervillenews.net | David Swartz

Posted 5/29/25With Estherville Lincoln Central’s state track participants back in the baseball lineup on Monday, the Midgets came away with a hard-fought 9-7 non-conference win over Western Christian. ELC …This item is available in full to subscribers.

1 month ago | esthervillenews.net | David Swartz

Posted 5/29/25Wallingford Ambulance will have its annual fundraiser June 14, 2025 at the Wallingford Fire Station from 4:45-7:30 p.m. In addition to raffle items at the door, supporters can enjoy a ribeye steak …This item is available in full to subscribers.