Gap (GPS) Comps Down 23% in January; Raises FY08 Guidance

February 5, 2009 8:37 AM EST
Gap Inc. (NYSE: GPS) today reported net sales of $757 million for the month of January. Same store sales for the month were down 23%, compared to a 2% decline in January '08.

Raises its FY08 GAAP EPS guidance from $1.27-$1.30 to $1.32-$1.33.

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Guidance, Retail Sales