Form 8-K GAP INC For: Aug 10
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Stifel Trims Ests on Gap (GPS) Following July, Q2 Sales Results; Firm on Light Inventory into Q3
August 11, 2015 6:44 AM EDTStifel is trimming estimates on Gap, Inc. (NYSE: GPS) following July and Q2 sales results issued Monday night.
Analyst Richard Jaffe noted that comparable-store sales decline of 2 percent at Gap in July stemmed largely from weakness at Gap and Banana Republic.
Jaffe commented, Management indicated that the sales weakness was in part due to... More
