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

August 2, 2012 8:04 AM EDT Send to a Friend
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


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Guidance, Hot Guidance, Retail Sales

Add Your Comment