Stock Symbol: GPS
Two Folsom Street
Gap, Inc. Industry:
Gap, Inc. Description:
Gap Inc. is a leading international specialty retailer offering clothing, accessories and personal care products for men, women, children and babies under the Gap, Banana Republic and Old Navy brand names. Fiscal 2001 sales exceeded $13.8 billion. As of August 31, 2002, Gap Inc. operated 4,263 store concepts (3,142 store locations) in the United States, the United Kingdom, Canada, France, Japan and Germany. In the United States, customers also may shop the company's online stores at gap.com, BananaRepublic.com and oldnavy.com.
Gap, Inc. Financial Summary:
The Gap, Inc. is a global specialty retailer that operates stores selling casual apparel, personal care and other accessories for men, women and children. GPS's brands include Gap, Banana Republic, and Old Navy. For the 26 weeks ended 7/30/05, revenues fell 1% to $7.34B. Net income rose 11% to $563M. Results reflect lower comparable store sales due in part to the weak macro-economic climate, offset by the absence of a $95M loss on early retirement of debt.
Gap, Inc. Business Summary:
The Gap, Inc. is a global specialty retailer operating retail and outlet stores selling casual apparel, accessories and personal care products for men, women and children under the Gap, Banana Republic and Old Navy brands. The Company operates stores in the United States, Canada, the United Kingdom, France and Japan. In addition, its United States customers may shop online at gap.com, bananarepublic.com, and oldnavy.com. As of January 29, 2005, The Gap Inc. operated a total of 2,994 store locations. The Company's stores offer a shopper-friendly environment with an assortment of casual apparel and accessories, which emphasize style. These stores generally are open seven days per week and most holidays. All sales are tendered for cash, personal checks, debit cards, or credit cards, including Gap, Banana Republic and Old Navy private label credit cards, which are issued by a third party. The Company also issues and redeems gift cards through its brands.