ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent ...
Read More »Gap cuts outlook over supply-chain woes
Bloomberg Gap Inc lowered its projection for 2021 sales and profit as supply-chain bottlenecks led to lost sales and higher expenses. The shares fell in late trading. Gap now sees revenue growing about 20% for the full year — down from its previous projection of a 30% gain. Analysts had projected revenue to be 28% higher this year, according to ...
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