Gap Submits Eligible International Emergency Economic Powers Act Tariff Refund Claims Of ~$512M In Q2, Receives ~$95M In Tariff Refunds
https://www.sec.gov/ix?doc=/Archives/edgar/data/39911/000162828026059345/gap-20260801.htm
Gap got back some money from the government because of tariff rules—they claimed about $512 million but received $95 million so far in the second quarter. This shows the company is working to reduce extra costs from tariffs, which is good for their wallet and future pricing.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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