-
Gap Inc. ends year with strong earnings growth
SAN FRANCISCO — Gap Inc. reported that net sales for the fourth quarter were $4.73 billion, compared with $4.28 billion for the same period last year. Same-store sales were up 5% for the quarter, compared with a 4% decrease during the same period last year.
Net income for the quarter was $351 million, or 73 cents per share on a diluted basis. This compares with net income of $218 million, or 44 cents per share on a diluted basis, for the same period last year.
-
PayPal service now available via Coinstar
BELLEVUE, Wash. — Coinstar, a self-service coin-counting machine operator, has added a new feature that enables consumers to conveniently and securely add coins and paper currency into or withdraw funds from their PayPal account, as well as send money to another PayPal account. The rollout began this month in Texas, Northern California and Ohio and will continue at select kiosks throughout the year.