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Gap, Earnings Timeline Thursday, May 16 Bookmark and Share     Author
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Gap's revenue gains flattened
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Gap's 2Q profit up 29 percent
Gap's August sales up 9%, top estimates


year 2012 Top ^

Aug.30
  The San Francisco clothing retailer and rivals including Macy's and Nordstrom posted sales that topped analyst forecasts
Aug.16
  Gap, which operates stores under its namesake, Old Navy, Banana Republic and Athleta, also raised its full-year profit guidance

Jul.5
  Gap Inc. said Thursday that a key revenue gauge was flat in June as growth at its stores in North America was offset by a steep decline overseas


year 2011 Top ^

Aug.18 Gap's 2Q profits down 19 percent
  Deep discounting and escalating production costs are raising concern about how it will fare for the critical fall and holiday shopping seasons


year 2009 Top ^

Nov.20 Profit jumps 25% at Gap
  Shoppers spent more money at low-price Old Navy stores in the third quarter


year 2008 Top ^

May.22 Gap boosts profit on cost management
  Clothing retailer boosted its 1Q profit by 40% despite a persistent sales slump that likely to deepen this summer Feb.28 4Q Profit Up By 21%
  Gap Inc. closed out its 3rd consecutive year of declining sales with a 21% increase, reflecting the gains from cost cutting triggered by the slump

year 2007 Top ^

Nov.21 Cost Cutting Sparks 3Q Profit Surge
  Apparel retailer's profit rose 26% as lower marketing costs helped offset a slowdown in sales at its Gap and Old Navy chains Mar.2 Gap Profits Plunge  Gap Inc.'s fourth-quarter profit fell 35% in a gloomy performance that triggered a recent management purge Feb.9 Gap recovers as sales end slide
  Gap is posting higher-than-expected sales in January amid more shakeups in management

year 2006 Top ^

Dec.1 November was cruel month for Gap  Gap continuing to falter despite heavy promotions and stores recording strong gains Aug.17 2Q Profit Falls, Lowers Year View
  Profit dropped by more than 50% because of sluggish sales. Gap dramatically cut its forecast for the year May.19 Profit shrinks as decline continues  Gap Inc. saw its first-quarter profit decline 17% and reported a net income of $242 million Apr.7 Sales hit bump in road again  The retailer reported a 13% drop in same-store sales and continues to show no sign of reversing declines Mar.3 Troubles continue to plague chain  Same-stores sales plummeted 11%, with Old Navy suffering the sharpest drop Feb.24 Profit fall 11% in 4th quarter  Gap Inc. is suffering from a lackluster holiday season while struggling to dazzle customers with new merchandise

year 2005 Top ^

Aug.19 Gap lowers forecast after profit  The retailer disappointed by weak summer sales that point to a lackluster fall May.6 Sales fall 5% in April   This was worse than the 2.5% forecast by Wall Street Feb.25 4th-quarter profit higher than expected  The earnings beat expectations despite lapses that hurt sales at Gap and Old Navy stores

year 2004 Top ^

Nov.18 Quarterly profit flattens as sales sag
  The company earned $265 million, or 28 cents per share, an increase of less than 1% from $265 million the last year Aug.19 Second-quarter sales flat, profits slip  The disappointing summer clearance sales and the cost of retiring some debt early

year 2003 Top ^

Nov.20 3rd-quarter profit nearly doubles  Company earned $262.6 million, or 28 cents per share, for the 3 months ended Nov. 1. Aug.21 2nd-quarter earnings more than triple  Sales jumped 13% over last year. Gap earned $209 million, or 22 cents per share




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