Gap Inc has reported net sales of $3.8 billion, up 2 per cent YoY in Q3 FY24, with a 1 per cent rise in comparable sales and a 7 per cent increase in online sales.
Gross margin improved 140 basis points to 42.7 per cent, while net income reached $274 million.
For 9M FY24, net sales grew to $10.9 billion, with net income doubling to $638 million.
FY24 sales are projected to grow by 1.5-2 per cent.
Gross margin improved 140 basis points to 42.7 per cent, while net income reached $274 million.
For 9M FY24, net sales grew to $10.9 billion, with net income doubling to $638 million.
FY24 sales are projected to grow by 1.5-2 per cent.
