Stifel Comments on Gap's (GPS) June Sales Numbers
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Wedbush Comments on Gap (GPS) June Sales; Analyst Says Risks Will Linger into H2
July 11, 2014 11:44 AM EDTWedbush maintained a Neutral rating on Gap, Inc. (NYSE: GPS) with a price target of $44. Comments follow June sales numbers.
Analyst Morry Brown"GPSs -2% comp for June fell short of consensus estimates for a +0.7% increase, in a month that most peers (3 of... More
Gap, Inc. (GPS) June Comps Fell 2%
July 10, 2014 4:00 PM EDTGap, Inc. (NYSE: GPS) reported that June net sales increased 1 percent compared with last year. Net sales for the five-week period ended July 5, 2014 were $1.54 billion compared with net sales of $1.53 billion for the five-week period ended July 6, 2013.
Old Navys performance was... More
