Gap’s (GPS) fiscal third-quarter profit fell 1.3% as negative same-store sales for the clothing retailer’s Old Navy chain offset gains overseas. Shares fell in extended trading after the company failed to beat Wall Street earnings forecasts.
Continue reading Gap’s Fiscal 3Q Profit Falls 1.3% on Declining Old Navy Sales
Gap’s Fiscal 3Q Profit Falls 1.3% on Declining Old Navy Sales originally appeared on DailyFinance on Thu, 18 Nov 2010 16:30:00.
Filed Under: Company News, Earnings, Retail