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Gap Inc reports 5 % rise in October sales

08 Nov '13
1 min read

Gap Inc reported that October 2013 net sales increased 6 percent versus last year, and October 2013 comparable sales increased 4 percent versus a 4 percent increase last year.

Net sales for the four-week period ended November 2, 2013 were $1.29 billion compared with net sales of $1.22 billion for the four-week period ended October 27, 2012.

October Comparable Sales Results

Comparable sales by global brand for October 2013 were as follows:

- Gap Global: positive 5 percent versus positive 3 percent last year

- Banana Republic Global: positive 1 percent versus positive 5 percent last year

- Old Navy Global: positive 2 percent versus positive 5 percent last year.

About Gap Inc.

Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, children, and babies under the Gap, Banana Republic, Old Navy, Piperlime, Athleta, and Intermix brands.

Fiscal year 2012 net sales were $15.7 billion. Gap Inc. products are available for purchase in more than 90 countries worldwide through about 3,100 company-operated stores, over 300 franchise stores, and e-commerce sites.

Gap Inc

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