Gap Q2 Adj. EPS $0.52 Beats $0.48 Estimate, Sales $3.651B Miss $3.690B Estimate

Gap, Inc.

Gap, Inc.

GAP

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Gap (NYSE: GAP) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.48 by 8.33 percent. This is a 8.77 percent decrease over earnings of $0.57 per share from the same period last year. The company reported quarterly sales of $3.651 billion which missed the analyst consensus estimate of $3.690 billion by 1.05 percent. This is a 1.99 percent decrease over sales of $3.725 billion the same period last year.