Register | Forgot Your Password? | Close

(AP) - BOTTOM LINE: Gap Inc. raised its outlook for the year after the clothing retailer said stronger sales helped lift its net income by 60 percent in the third quarter.

NICE FIT: The San Francisco-based company said sales at stores open at least a year rose 6 percent in North America, with Gap, Banana Republic and Old Navy all logging gains.

CHANGING ROOM: The company is in turnaround mode and last month announced a management overhaul aimed at responding quickly to changing tastes around the world. The company says it's going from an "American-centric company" to more of a global brand.


(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
share this story:
Attention KTAR.com Comment Users: We have recently changed our comments boards.
We would like you to be part of the conversation and The Voice of Arizona by logging in with your Facebook, Twitter, Google+ or Disqus account. Existing KTAR (Arizona Sports) account members will need to create a Disqus account or use one of the aforementioned social media logins. Thank you.
comments powered by Disqus