CEO Richard Dickson said the specialty retailer has evolved "from fixing the fundamentals to continuous improvement through innovation."

Creative leadership looks good on Gap. It looks even better with a tight belt on. The clothing company, which also owns Old Navy and Banana Republic, posted some impressive results. Its namesake brand’s comparable sales rose 7% last quarter from a year earlier,

Ending the year with a holiday performance that beat expectations, Gap Inc. gained market share for the eighth straight quarter.

Gap CEO Richard Dickson described the apparel company's most recent quarter, which impressed Wall Street and indicates the company is maintaining its turnaround. Shares shot up more than 17% in extended trading.

Gap has been in the midst of a turnaround under CEO Richard Dickson and has blown away Wall Street expectations for four quarters in a row.

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Gap's profit and sales exceeded forecasts in the key holiday shopping season as the clothing retailer's turnaround efforts continued to boost results.

Gap’s holiday-quarter profit is head and shoulders above Wall Street expectations and retailer speaks of a “reinvigoration” of its brands.

After years of being down in the dumps, Gap Inc. for the past four quarters has been on firmer footing and working to inject greater relevancy and better product into its brands.