Claims: Gap shares jump 12% after company names new Old Navy CEO to revive struggling brand

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1. title: Gap shares jump 12% after company names new Old Navy CEO to revive struggling brand (alleges; supported) Source
2. url: https://www.cnbc.com/2026/08/27/gap-q2-2026-earnings.html (alleges; supported) Source
3. summary: Gap announced a new CEO for Old Navy on Thursday as the brand reported a decline in comparable sales for the most recent quarter. (alleges; supported) Source
4. published: Thu, 27 Aug 2026 21:54:18 GMT (alleges; supported) Source