Thursday, June 7, 2007

Gap May same-store sales fall 3 percent

(Reuters) - Analysts, on average, had been expecting the San Francisco-based clothing retailer to post a same-store sales decrease of 3.7 percent, according to a Reuters survey.



Gap, which runs Banana Republic, Old Navy and its namesake Gap stores, said total sales for the four weeks ended June 2 rose 2 percent to $1.19 billion.


Read more at Reuters.com Market News

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