Gap, Inc. (GPS) Reports In-Line Q2 EPS, Maintains FY Guidance

Gap, Inc. (NYSE: GPS) reported Q2 EPS of $0.64, in-line with the analyst estimate of $0.64. Revenue for the quarter came in at $3.9 billion versus the consensus estimate of $3.97 billion.

Second Quarter 2015 Comparable Sales Results

Gap Inc.’s comparable sales for the second quarter of fiscal year 2015 were down 2 percent versus flat last year. Comparable sales by global brand for the second quarter were as follows:

Gap Global: negative 6 percent versus negative 5 percent last year
Banana Republic Global: negative 4 percent versus flat last year
Old Navy Global: positive 3 percent versus positive 4 percent last year

Gap maintained FY EPS guidance.

For earnings history and earnings-related data on Gap, Inc. (GPS) click here.

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