Shares of The Gap (GPS)
have been off to a good start of the year. The specialty apparel company known
for its stores operating under the names of Gap, Old Navy and Banana Republic
among others, issued three separate press releases on Thursday which contained
good news, helping its shares to end the week higher.
Good News Show
Decent December Sales Report
The good news started on Thursday with the December sales results. Net sales for the five weeks ending on the 29th of December increased by 5% to $2.08 billion. The entire growth in sales was driven by comparable store sales growth.
Good News Show
Decent December Sales Report
The good news started on Thursday with the December sales results. Net sales for the five weeks ending on the 29th of December increased by 5% to $2.08 billion. The entire growth in sales was driven by comparable store sales growth.
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