GPS Reports Same Store Sales

Gap Inc. (NYSE: GPS) reported net sales of $1.48 billion for the five-week period ended April 2, 2005, which represents a 1 percent decrease compared with net sales of $1.49 billion for the same period ended April 3, 2004. The company's comparable store sales for March 2005 decreased 4 percent compared with an 8 percent increase in March 2004.

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