Gap Inc

GAP: XNYS (USA)
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Gap Earnings: Even Amid Robust Comparable Sales Momentum, Shares Still Attractive

In the third quarter, Gap reported net sales of $3.9 billion (up 3%) with consolidated comparable sales increasing 5%, led by Gap and Old Navy comparable store sales growth of 7% and 6%, respectively. However, Athleta weighed on results, with net sales and comparable sales both declining 11%.

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