Gap, Inc. (GPS) June Comps Fell 2%

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Stifel Comments on Gap's (GPS) June Sales Numbers

July 10, 2014 5:28 PM EDT

Stifel is issuing brief commentary on Gap, Inc. (NYSE: GPS) following June sales results.

Analyst Richard Jaffe said, Comp store sales decreased 2% in June, below our estimate and consensus. Performance was weak at the Gap and Banana Republic divisions while Old Navy... More