Gap, Inc. (GPS) Tops Q1 EPS by 1c

Gap, Inc. (NYSE: GPS) reported Q1 EPS of $0.58, $0.01 better than the analyst estimate of $0.57. Revenue for the quarter came in at $3.77 billion versus the consensus estimate of $3.71 billion.

Comparable sales by global brand for the first quarter of fiscal year 2014 were as follows:

• Gap Global: negative 5 percent versus positive 3 percent last year
• Banana Republic Global: negative 1 percent versus flat last year
• Old Navy Global: positive 1 percent versus positive 3 percent last year

For earnings history and earnings-related data on Gap, Inc. (GPS) click here.

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