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Gap issues lackluster 2Q profit outlook
2015-08-11 03:05:59| Apparel - Topix.net
Gap issued a second-quarter earnings forecast that's below Wall Street analysts' estimates, as results were dragged down by West Coast delays, foreign currency fluctuations and moves to close a string of Gap stores. The earnings outlook, announced late Monday, comes as the San Francisco-based retailer, which also operates Old Navy and Banana Republic, saw a sales shortfall in the quarter.
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Category:Consumer Goods and Services