Gap (GPS) Comps Up 8% in April; Cuts Q1 EPS Outlook

May 5, 2011 8:03 AM EDT
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Gap (NYSE: GPS) reports an 8% rise in same-store sales for the month of April. Total sales were $1.15 billion.

The company cut its Q1 EPS guidance from below 44c to 38-39c, which compares to the Street estimate of 40c.


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