Gap (GPS) Higher On Better-Than-Expected Retail Sales
Tweet
Share
E-mailGet Alerts GPS Hot Sheet
Join SI Premium – FREE
Gap Inc. (NYSE: GPS) is 5% higher in pre-open trading following better-than-expected same store sales from the retailer this morning.
Gap's same store sales fell 3%, versus the consensus of a 7% drop and an 8% slide last year.
Gap said customers responded well to their new premium denim collections at Gap and Old Navy and they were pleased with the back to school performance at Old Navy.
Gap's same store sales fell 3%, versus the consensus of a 7% drop and an 8% slide last year.
Gap said customers responded well to their new premium denim collections at Gap and Old Navy and they were pleased with the back to school performance at Old Navy.
You May Also Be Interested In
Create E-mail Alert Related Categories
Retail SalesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
