Published: November 01, 2012
Gap Inc. Reports Increase in October Sales and Strong Third Quarter Sales Results
SAN FRANCISCO - (BUSINESS WIRE) - Gap
Inc. (NYSE: GPS) today reported that net sales for the third quarter
of fiscal year 2012 increased 8 percent compared with last year, and
October 2012 net sales increased 6 percent compared with last year.
Net sales for the third quarter, which ended October 27, 2012, increased
8 percent to $3.86 billion compared with $3.59 billion for the third
quarter last year. The company's third quarter comparable sales were up
6 percent compared with a 5 percent decrease in the third quarter last
In addition, net sales for the four-week period ended October 27, 2012
were $1.22 billion compared with net sales of $1.14 billion for the
four-week period ended October 29, 2011. The company's comparable sales
for October 2012 were up 4 percent compared with a 6 percent decrease in
To read the complete release at NewsBlaze,
Gap Inc. Reports Increase in October Sales and Strong Third Quarter Sales Results,
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