Gap Stock Slides On Q2 Earnings: Key Details From The Report

Gap Inc (NYSE:GAP) reported second-quarter financial results after the market close on Thursday. Here’s a rundown of the report.

Q2 Revenue: $3.73 billion, in line with estimates

Q2 EPS: 57 cents, versus estimates of 55 cents

GAP shares are retreating from recent levels. Get the complete analysis here.

Net sales were flat on a year-over-year basis as store sales fell 1% and online sales increased 3%. The company said comparable sales were up 1% year-over-year.

Gap generated $308 ...