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Gap Inc. Reports September Sales

Old Navy brand sees largest comp sales growth

Published

12 years ago

October 5, 2012

VMSD Staff

San Francisco-based Gap Inc. reports September 2012 net sales increased 8 percent to $1.45 billion compared with last year. The company’s comparable sales for September 2012 were up 6 percent compared with a 4 percent decrease for September 2011.

“In September, strong customer response to trend-right product across all brands helped us deliver continued positive performance in North America,” says Glenn Murphy, chairman and ceo of Gap Inc.

Across its brands, comparable sales for September 2012 were:

•Gap North America: up 5 percent versus negative 4 percent last year
•Banana Republic North America: up 4 percent versus negative 1 percent last year
•Old Navy North America: up 10 percent versus negative 1 percent last year
•International: down 3 percent versus negative 13 percent last year

Gap’s year-to-date net sales were $9.71 billion for the 35 weeks ended September 29, 2012, an increase of 6 percent compared with 2011.

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