GAP SAME-STORE SALES DATA LEAKS, SHARES SCREAM HIGHER

gap jeans colours fashion

Photo: www.facebook.com

Someone leaked same-store sales, according to CNBC. Same store sales were up 3.3 per cent versus estimates of 2.3 per cent, according to Bloomberg.

Reuters’ Eric Platt reports Gap Global was +2 per cent, Old Navy +6 per cent and Banana Republic -5 per cent.

Shares have resumed trading and are up 3.4 per cent.

Here’s the chart:

gps

Photo: Yahoo

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