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Gap's 1st-quarter net profit jumps 40 percent
Photo by: Payton Chung

Gap's 1st-quarter net profit jumps 40 percent

LOS ANGELES (Reuters) - Gap Inc said on Thursday that first-quarter net profit rose 40 percent on tighter inventories and fewer markdowns despite lower sales as the global apparel retailer attempts a turnaround. 6 months ago

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Comments (1)

  1. TonyLiu | 6 months ago

    That was one hell of a quick turn-around. I'm tipping my hat right now, you just can't see it. Where's seesmic when you need it?

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