The Gap Message Board - Msg: 10837329

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Non-Tech : The Gap

GPS 25.90

-1.8%

Dec 30 3:59 PM EST

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To: HRM who wrote (75)	8/5/1999 1:13:00 PM
From: Beltropolis Boy	Read Replies (1) of 189

looks like 2% sss caused an imbalance at the open. is this a back to school sale? i'm still holding off for now. ----- Gap Inc. July same-store sales rise August 5, 1999 08:46 AM SAN FRANCISCO, Aug 5 (Reuters) - Gap Inc. said Thursday that total sales for July were $696 million, an increase of 22 percent over $572 million last year, while same-store sales increased two percent. The retailer said sales for the 26 weeks ended July 31 were $4.73 billion, a 31 percent increase over last year's $3.63 billion. Year-to-date same-store sales increased 10 percent. As of July 31, 1999, Gap Inc. operated 2,611 stores compared to 2,272 at August 1, 1998.

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