Gap halts trading of its stock after early release of Q2 results, as the retailer prepares to post sales growth

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Gap halts trading of its stock after early release of Q2 results, as the retailer prepares to post sales growth
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Gap is in the midst of its turnaround plan.

) shares halted trading on Thursday after the company shared its earnings release around 9:30 AM ET on its site, then retracted it.

Gap is expected to report sales growth for the second quarter in a row as it attempts to reinvigorate its brands. Q2 revenue is expected to come in at $3.63 billion, a 2% year-over-year jump, and earnings per share at $0.40, $0.06 higher than a year ago. Same-store sales are expected to grow nearly 3%.

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