GPS February Sales Flat; Comparable Store Sales Down 3 Percent

Gap Inc. (NYSE: GPS) reported net sales of $924 million for the four-week period ended February 26, 2005, which are flat compared with net sales of $925 million for the same period ended February 28, 2004. The company's comparable store sales for February 2005 decreased 3 percent compared with a 12 percent increase in February 2004.

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