Gap Inc. reported strong fourth-quarter earnings, surpassing Wall Street expectations with an earnings per share (EPS) of $0.54, compared to the anticipated $0.37. The retailer's revenue reached $4.15 billion, and net income stood at $206 million. This performance was bolstered by a 3% increase in same-store sales, exceeding the 1.1% estimate. The company's turnaround efforts appear to be gaining traction, with all four of its brands gaining market share. CEO Richard Dickson attributed the success to effective operational execution and a revitalization of the brand's cultural relevance. Following the announcement, Gap shares surged approximately 18%, reflecting investor confidence in the company's recovery and ability to navigate challenges, including potential tariffs from the Trump administration.