Gap, Inc. (GPS) Reports Q1 Loss of $2.51

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Gap Inc. Reports First Quarter Results

June 4, 2020 4:15 PM EDT

43% year-over-year sales decline driven by COVID-19 related store closures

First quarter online sales increased 13% year-over-year, with over 100% year-over-year online sales growth in the month of May

55% percent of North American company-operated fleet currently open with approximately 90% of fleet offering convenient omni-channel order fulfillment options

SAN FRANCISCO--(BUSINESS... More