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Gap (GPS) Sees Q2 EPS, Sales Above the Street

August 2, 2012 8:04 AM EDT Send to a Friend
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Price: $42.03 --0%

EPS Growth %: +15.6%

Financial Fact:
Net sales: 3.98B

Today's EPS Names:
WAG, More
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Gap Inc. (NYSE: GPS) sees second quarter EPS of $0.47 to $0.48, versus the consensus of $0.38.

Net sales for the second quarter, which ended July 28, 2012, increased 6 percent to $3.58 billion. The consensus was $3.51 billion.

Second Quarter Comparable Sales Results

Comparable sales for the second quarter of fiscal year 2012 were as follows:

  • Gap North America: positive 7 percent versus negative 3 percent last year
  • Banana Republic North America: positive 7 percent versus negative 2 percent last year
  • Old Navy North America: positive 3 percent versus flat last year
  • International: negative 5 percent versus negative 4 percent last year

Comparable sales for July 2012 were as follows:


  • Gap North America: positive 13 percent versus negative 6 percent last year
  • Banana Republic North America: positive 8 percent versus negative 4 percent last year
  • Old Navy North America: positive 12 percent versus negative 3 percent last year
  • International: positive 4 percent versus negative 10 percent last year




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Guidance, Hot Guidance, Retail Sales

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