Gap (GPS) Comps Down 14% in December; Cuts FY08 EPS Guidance
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Gap Inc. (NYSE: GPS) today reported net sales of $1.93 billion for the month of December. Same store sales for the period came in at down 14%, compared to down 6% in December '07.
Lowers its FY08 GAAP EPS guidance from $1.30-$1.35 to $1.27-$1.30.
The Gap, Inc., through its subsidiaries, operates as a specialty retailing company.
Lowers its FY08 GAAP EPS guidance from $1.30-$1.35 to $1.27-$1.30.
The Gap, Inc., through its subsidiaries, operates as a specialty retailing company.
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