Comparable store sales for were flat, compared with an 8 per cent decrease in November last year. International sales were up 1 per cent, compared with an 8 per cent slide last year.
At Gap North America, sales were up 1 per cent, compared with a decline of 7 per cent last year. At Banana Republic North America, sales rose 4 per cent, compared to a 1 per cent slide last year. At Old Navy North America, sales were down 3 per cent, compared with a 10 per cent fall last year.
Gap acting chief financial officer Sabrina Simmons said: “While we were pleased with our sales performance in November, the most important month of the quarter, December, remains ahead of us. As a result, we are maintaining our earnings outlook for the full year.”
No comments yet