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Gap Inc online sales for fiscal year up by 24%

03 Mar '08
3 min read

Fiscal Year 2007 Results:
Net sales for the 52 weeks ended February 2, 2008 were $15.8 billion. Net sales were $15.9 billion for the 53 weeks ended February 3, 2007. Due to the 53rd week in fiscal year 2006, fiscal year 2007 comparable store sales are compared with the 52 weeks ended February 3, 2007.

On this basis, the company's fiscal year 2007 comparable store sales decreased 4 percent compared with a decrease of 7 percent for the prior year. The company's online sales for the fiscal year increased 24 percent to $903 million, compared with $730 million in the prior year.

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Gap Inc

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