Law firm probes Gap investors' claims after Q1 revenue miss and stock drop

Pomerantz LLP is investigating potential securities fraud claims on behalf of investors of The Gap Inc. following the company's Q1 2026 financial report. Gap reported $3.5 billion in revenue, a 1% increase year-over-year, but below analyst expectations, leading to a lowered full-year sales forecast. This caused Gap's stock to drop 15.4% on May 29, 2026. The investigation aims to determine if Gap's officers or directors engaged in unlawful business practices.