Piper Jaffray Raises Price Target on Gap, Inc. (GPS) to $23 Following July Sales Release
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Gap Inc. Reports July and Second Quarter Sales Results
August 8, 2016 4:15 PM EDTSAN FRANCISCO--(BUSINESS WIRE)-- Gap Inc. (NYSE: GPS) today reported that net sales for the four-week period ended July 30, 2016 were $1.10 billion compared with net sales of $1.12 billion for the four-week period ended August 1, 2015. For the second quarter of fiscal year 2016, Gap Inc.s net sales were $3.85 billion compared with $3.90 billion for the second quarter last year.
While performance varied during the quarter, we made progress... More
