Gap Net Holds Steady, Comps Tick Ahead

Retailer's sales for the three months ended April 28 rose 5.8 percent to $3.49 billion.

By Evan Clark

financial/news

Gap Inc.’s net profits were flat in the first quarter, but comparable-store sales rose 4 percent and the company nudged up its earnings guidance for the year.

Net income held steady...

Gap Net Holds Steady, Comps Tick Ahead

Retailer's sales for the three months ended April 28 rose 5.8 percent to $3.49 billion.

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