Canaccord Raises Ests on Gap (GPS) Following Strong May Comps

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Gap (GPS) May Comps Rose 7%, Sales up 11%

June 6, 2013 4:01 PM EDT

Gap, Inc. (NYSE: GPS) reported that May 2013 net sales increased 11 percent compared with last year.

Net sales for the four-week period ended June 1, 2013 were $1.22 billion compared with net sales of $1.10 billion for the four-week period ended May 26, 2012.

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