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Gap Beats On Higher Sales
Driven by increased sales and a lower share count, The Gap Inc.’s (NYSE:GPS) earnings of 47 cents per share for first-quarter 2012 beat the Zacks Consensus Estimate by a penny and climbed 17.5% from the prior-period earnings of 40 cents. Quarter in Detail During the quarter, net sales increased 5.8% to $3,487 million from $3,295 [...]
Driven by increased sales and a lower share count, The Gap Inc.’s (NYSE:GPS) earnings of 47 cents per share for first-quarter 2012 beat the Zacks Consensus Estimate by a penny and climbed 17.5% from the prior-period earnings of 40 cents. |
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