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Gap Inc Earnings Call, Fourth Quarter 2008
Author: 123jump.com Staff
123jump.com
Last Update: 5:00 AM ET March 06 2009


The clothing retailer reported sales of $4.1 billion, compared with $4.7 billion in 2007 as comparable store sales decreased 14%, compared with a decrease of 3% last year. The firm''s ability to drive healthy margins and achieve cost savings helped it deliver earnings growth of 16%.

 

 

 

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