Gap Inc. reported better-than-expected earnings and sales and its fifth-consecutive quarter of positive comparable sales fueled by ongoing momentum at Old Navy and Gap.
In a move to improve the customer experience, Gap Inc.’s largest brand is deploying new technology that gives its store associates real-time, in-store inventory information.
Gap Inc. maintained its turnaround momentum during the holiday quarter, reporting sales and earnings that topped Street expectations and a big comp sales increase across its namesake division.