Gap's night trading fell by about 1.3%, and the full-year gross profit rate may be under pressure due to expected tariffs impact.

American clothing retail group Gap fell by about 1.3% in after-hours trading, to $21.4. On the news front, Gap announced its performance for the second quarter ending in late July, with revenue of $3.73 billion, basically flat year-on-year, slightly below the market's expected $3.74 billion; net profit of $220 million, a 4.9% year-on-year increase, with earnings per share of 57 cents, better than the market's expected 54 cents. During the period, Old Navy sales remained steady, Gap brand continued to face pressure, but Banana Republic and Athleta performed relatively steadily. Management pointed out that, due to the impact of tariffs, the gross profit margin for the whole year may be under pressure, and the operating profit margin for this fiscal year is expected to decrease to the range of 6.7% to 7%, lower than last year's 7.4%, while net sales guidance remains stable.