Gap (GPS) December Comps Up 5%, Beats Views
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Gap, Inc. (NYSE: GPS) December comps up 5% versus an expected 3.6% rise.
Comparable sales for December 2012 were as follows:
Gap North America: positive 2 percent versus negative 4 percent last year
Banana Republic North America: positive 1 percent versus negative 2 percent last year
Old Navy North America: positive 13 percent versus negative 4 percent last year
International: negative 6 percent versus negative 6 percent last year
Net sales for the five-week period ended December 29, 2012 were $2.08 billion compared with net sales of $1.98 billion for the five-week period ended December 31, 2011.
Comparable sales for December 2012 were as follows:
Net sales for the five-week period ended December 29, 2012 were $2.08 billion compared with net sales of $1.98 billion for the five-week period ended December 31, 2011.
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