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Gap (GPS) March Comps Fell 18%, Reits Guidance

April 10, 2008 8:09 AM EDT
Gap Inc. (NYSE: GPS) comparable store sales for March 2008 decreased 18 percent. Net sales fell 12% to $1.37 billion.

The company reiterated that it expects diluted earnings per share of $1.20 to $1.27 for fiscal year 2008. [LJ]

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Guidance, Retail Sales