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GAP CATEGORIES GAP JEANS LATEST GAP NEWS Gap profit beats Street as PacSun outlook disappoints Gap Inc reported quarterly profit on Thursday that jumped 50 percent to beat Wall Street estimates, as cost-cutting and other moves offset declining sales at its family of chain stores. Reuters via Yahoo! News  Found 3 hours ago Translate • More info Gap profit beats Street, PacSun disappoints Gap Inc reported a 50 percent jump in quarterly net income on Thursday, beating Wall Street estimates, as cost-cutting, lower inventories and other moves that boosted profit offset declining sales at its family of clothing stores. Reuters via Yahoo! News  Found 1 hour ago Translate • More info Gap net profit rises in second quarter Gap Inc said on Thursday that quarterly net profit rose, helped by higher profit margins, even as sales trends proved disappointing at its three chains. Reuters via Yahoo! News  Found 4 hours ago Translate • More info Gap names president of Old Navy Gap Inc. announced Thursday that it has named Tom Wyatt, a 30-year retail veteran, as president of its struggling Old Navy chain. AP via Yahoo! News  Found 7 hours ago Translate • More info Cost-cutting boosts Gap's 2nd-quarter profit Apparel retailer Gap Inc. said Thursday that tight control on inventory and costs helped offset a persistent sales slump, particularly at its Old Navy stores, as fiscal second-quarter profit rose 51 percent. AP via Yahoo! News  Found 2 hours ago Translate • More info Cost cuts help lift Gap's profits Clothing retailer Gap reports a rise in quarterly profits even though its sales fell on the year previously. BBC News  Found 3 hours ago Translate • More info Inventory control helps lead to Gap's 51% profit increase NEW YORK (MarketWatch) - Gap Inc., the largest U.S. clothing chain, said Thursday that its second-quarter profit rose 51%, after the company controlled inventory and expenses to help offset declining sales. The company also lowered its capital spending forecast as it plans to reduce the number of store openings. Market Watch  Found 2 hours ago Translate • More info Gap Promotes Interim Old Navy Head to Permanent Role (Update1) Aug. 21 (Bloomberg) -- Gap Inc. promoted Tom Wyatt , interim president of the Old Navy chain, to be the unit's permanent chief as the biggest U.S. clothing retailer tries to boost sales at its largest division by revenue. Bloomberg.com  Found 7 hours ago Translate • More info After Hours: Pacific Sunwear shares sink; Gap shares step higher Shares of clothing retailers are mixed in late trading, with Pacific Sunwear of California Inc. down sharply after the company issues a warning about its quarterly earnings while Gap Inc. rises after it retains its yearly forecast. Market Watch  Found 2 hours ago Translate • More info Gap's 2nd-quarter profit rises 51 percent, helped by cost-cutting, inventory control SAN FRANCISCO (AP) - Apparel retailer Gap Inc. said Thursday that its second-quarter profit rose 51 percent, despite a sales decline, helped by cost-cutting and tight control on inventory. Canadian Business  Found 33 minutes ago Translate • More info

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