Gap 2Q comparable sales for Old Navy down 4%
Gap reports Old Navy 2Q comparable sales down 4%.
Story updates
08:20:05 PM UTC
SquawkNews
GAP POSTED Q2 NET SALES OF $3.65 BLN, JUST BELOW THE $3.69 BLN ESTIMATE, WITH ADJUSTED EPS OF 52C, A GROSS MARGIN OF 41.4% AND GLOBAL COMPARABLE SALES UP 10%, THOUGH OLD NAVY COMPARABLE SALES FELL 4% AND TOTAL COMPARABLE SALES DECLINED 1%.
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