- In the first quarter of the current fiscal year, Gap's revenue grew just 1% to $3.77 billion, with same-store sales declining 1%. EPS was badly hit plunging 18.3% to $0.58.
- In the second quarter, things improved for the apparel seller. Revenue grew 3% to 3.98 billion, while EPS improved 10% to $0.75.
- Gap has managed to create different marketplaces for itself, targeting distinct groups of buyers. The company’s marquee brands account for 65% of Gap Inc.'s sales.