Gap Inc Reports Holiday Sales (GPS)

Gap Inc Reports Holiday Sales (GPS)

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After the closing bell on Thursday, The Gap Inc. (GPS) reported its sales for the November and December holiday shopping season.

The Gap reported that net sales for the holiday shopping period were up 4%, while comparable sales were up 3% compared to last year’s same period’s sales. For December, net sales increased 2% to $2.1 billion compared to last year. By brand, Gap Global was up 5%, Old Navy was up 8%, and Banana Republic was flat.

GPS Dividend Snapshot

As of Market Close on January 8, 2015

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GPS stock was inactive in after hours trading.

The Bottom Line

The Gap Inc. (GPS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 0.0 out of 5 stars.

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