01.11.2012 13:00
Bewerten
(0)

Gap Inc. Reports Increase in October Sales and Strong Third Quarter Sales Results

DRUCKEN

Gap Inc. (NYSE: GPS) today reported that net sales for the third quarter of fiscal year 2012 increased 8 percent compared with last year, and October 2012 net sales increased 6 percent compared with last year.

Net sales for the third quarter, which ended October 27, 2012, increased 8 percent to $3.86 billion compared with $3.59 billion for the third quarter last year. The company’s third quarter comparable sales were up 6 percent compared with a 5 percent decrease in the third quarter last year.

In addition, net sales for the four-week period ended October 27, 2012 were $1.22 billion compared with net sales of $1.14 billion for the four-week period ended October 29, 2011. The company’s comparable sales for October 2012 were up 4 percent compared with a 6 percent decrease in October 2011.

"We’re very pleased with the continued momentum in the business across all brands in North America,” said Glenn Murphy, chairman and chief executive officer at Gap Inc. "Our focus remains on offering great product to our customers in order to sustain our business performance.”

Third Quarter Guidance

The company expects diluted earnings per share for the third quarter of fiscal year 2012 to be in the range of $0.61 to $0.63, compared with $0.38 for the third quarter last year. This represents an increase of about 60% over last year. The expected third quarter diluted earnings per share includes a benefit of about $0.02 primarily related to tax credits.

Third Quarter Comparable Sales Results

Comparable sales for the third quarter of fiscal year 2012 were as follows:

  • Gap North America: positive 7 percent versus negative 6 percent last year
  • Banana Republic North America: positive 6 percent versus negative 1 percent last year
  • Old Navy North America: positive 9 percent versus negative 4 percent last year
  • International: negative 3 percent versus negative 10 percent last year

October Comparable Sales Results

Comparable sales for October 2012 were as follows:

  • Gap North America: positive 6 percent versus negative 5 percent last year
  • Banana Republic North America: positive 5 percent versus positive 1 percent last year
  • Old Navy North America: positive 5 percent versus negative 9 percent last year
  • International: negative 2 percent versus negative 7 percent last year

Year-to-date net sales were $10.93 billion for the 39 weeks ended October 27, 2012, which was an increase of 6 percent compared with net sales of $10.27 billion for the 39 weeks ended October 29, 2011. The company’s year-to-date comparable sales increased 5 percent compared with a 3 percent decrease last year.

Gap Inc. will release its third quarter earnings results via press release on November 15, 2012 at 1:00 p.m. Pacific Time. In addition, the company will host a summary of Gap Inc.’s third quarter results in a live conference call and webcast on November 15, 2012 at approximately 2:00 p.m. Pacific Time. The conference call can be accessed by calling 1-800-374-1731. International callers may dial 706-679-5876. The webcast can be accessed at www.gapinc.com.

November Sales

The company will report November sales on November 29, 2012.

Forward-Looking Statements

This press release contains forward-looking statements within the "safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements other than those that are purely historical are forward-looking statements. Words such as "expect,” "anticipate,” "believe,” "estimate,” "intend,” "plan,” "project,” and similar expressions also identify forward-looking statements. Forward-looking statements include statements regarding the following:

  • diluted earnings per share for the third quarter of fiscal year 2012.

Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause the company’s actual results to differ materially from those in the forward-looking statements. These factors include, without limitation, the following:

  • the risk that additional information may arise during the company’s close process or as a result of subsequent events that would require the company to make adjustments to the financial information.

Additional information regarding factors that could cause results to differ can be found in the company’s Annual Report on Form 10-K for the fiscal year ended January 28, 2012, as well as the company’s subsequent filings with the Securities and Exchange Commission.

These forward-looking statements are based on information as of November 1, 2012. The company assumes no obligation to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.

About Gap Inc.

Gap Inc. is a leading global specialty retailer offering clothing, accessories, and personal care products for men, women, children, and babies under the Gap, Banana Republic, Old Navy, Piperlime, and Athleta brands. Fiscal year 2011 net sales were $14.5 billion. Gap Inc. products are available for purchase in about 90 countries worldwide through about 3,000 company-operated stores, about 250 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.

Nachrichten zu Gap Inc.

  • Relevant
  • Alle
  • vom Unternehmen
  • Peer Group
  • ?

Um Ihnen die Übersicht über die große Anzahl an Nachrichten, die jeden Tag für ein Unternehmen erscheinen, etwas zu erleichtern, haben wir den Nachrichtenfeed in folgende Kategorien aufgeteilt:

Relevant: Nachrichten von ausgesuchten Quellen, die sich im Speziellen mit diesem Unternehmen befassen

Alle: Alle Nachrichten, die dieses Unternehmen betreffen. Z.B. auch Marktberichte die außerdem auch andere Unternehmen betreffen

vom Unternehmen: Nachrichten und Adhoc-Meldungen, die vom Unternehmen selbst veröffentlicht werden

Peer Group: Nachrichten von Unternehmen, die zur Peer Group gehören

Analysen zu Gap Inc.

  • Alle
  • Buy
  • Hold
  • Sell
  • ?
17.11.2017Gap OverweightBarclays Capital
17.11.2017Gap Sector PerformRBC Capital Markets
20.09.2017Gap OverweightBarclays Capital
19.09.2017Gap Market PerformTelsey Advisory Group
24.02.2017Gap NeutralWedbush Morgan Securities Inc.
17.11.2017Gap OverweightBarclays Capital
20.09.2017Gap OverweightBarclays Capital
19.09.2017Gap Market PerformTelsey Advisory Group
07.06.2016Gap BuyStandpoint Research
20.05.2016Gap HoldStifel, Nicolaus & Co., Inc.
17.11.2017Gap Sector PerformRBC Capital Markets
24.02.2017Gap NeutralWedbush Morgan Securities Inc.
07.02.2017Gap NeutralWedbush Morgan Securities Inc.
07.02.2017Gap NeutralMizuho
02.12.2016Gap NeutralMizuho
20.05.2016Gap UnderperformMizuho
10.05.2016Gap UnderperformWolfe Research
10.05.2016Gap UnderperformMizuho
20.11.2015Gap SellUBS AG
20.11.2015Gap UnderperformMizuho

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Gap Inc. nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"

Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"

Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"
mehr Analysen
Anzeige
Anzeige
Börse Stuttgart Anlegerclub

Webinar: Der große Ausblick auf 2018!

Am 13. Dezember gibt Simon Betschinger von TraderFox im Anlegerclub der Börse Stuttgart einen Ausblick auf das kommende Börsenjahr. Dabei nimmt er ausgewählte Aktien unter die Lupe und erklärt, warum er genau diese Werte für besonders aussichtsreich hält.
Jetzt kostenfrei registrieren
und dabei sein!

Heute im Fokus

DAX schließt leichter -- Bitcoin steigt nach Start des ersten Terminkontrakts -- Uniper, Deutsche Post, BVB, Siemens im Fokus

3M verkauft Sparte Communication Markets für 900 Millionen Dollar. Experten rechnen fest mit Zinserhöhung in den USA. Steinhoff-AR-Chef verhandelt mit Banken über Stillhalteabkommen. RWE bekräftigt Interesse an Kraftwerks-Zukäufen. US-Senatorin behält sich Ablehnung von Steuerreform vor.

Top-Rankings

KW 49: Analysten-Flops der Woche
Diese Aktien stehen auf den Verkauflisten der Experten
KW 49: Analysten-Tops der Woche
Diese Aktien stehen auf den Kauflisten der Experten
Weihnachtsgeld 2017
Wer bekommt wo wieviel?

Die 5 beliebtesten Top-Rankings

Diese Aktien hat George Soros im Depot
Welche ist die größte Aktienposition?
Diese Aktien hat Warren Buffett im Depot
Neuer Platz Eins
Die wertvollsten Unternehmen nach Marktkapitalisierung 2017
Welches Unternehmen macht das Rennen?
Renteneintrittsalter
Hier arbeiten die Menschen am längsten
Bizarre Steuereinnahmen
Das sind die bizarrsten Steuereinnahmen der Welt
mehr Top Rankings

Umfrage

Kommt die Jahresendrally des DAX noch?

Online Brokerage über finanzen.net

Das Beste aus zwei Welten: Handeln Sie für nur 5 Euro Orderprovision* pro Trade unmittelbar aus der Informationswelt von finanzen.net!
Zur klassischen Ansicht wechseln
Top News
Beliebte Suchen
DAX 30
Öl
Euro US-Dollar
Bitcoin
Goldpreis
Meistgesucht
Steinhoff International N.V.A14XB9
EVOTEC AG566480
Volkswagen (VW) AG Vz.766403
Deutsche Bank AG514000
CommerzbankCBK100
Daimler AG710000
Bitcoin Group SEA1TNV9
BYD Co. Ltd.A0M4W9
AIXTRON SEA0WMPJ
Apple Inc.865985
Siemens AG723610
E.ON SEENAG99
BP plc (British Petrol)850517
GeelyA0CACX
Dialog Semiconductor Plc.927200