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Gap Inc.: The San Francisco-based operator of...

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From Times Staff and Wire Reports

Gap Inc.: The San Francisco-based operator of Gap, GapKids and Banana Republic clothing stores said second-quarter net income rose 36% to $19.2 million, while revenue increased 24% to $405 million. The firm said strong consumer acceptance of new merchandise late in the quarter, coupled with warmer weather, helped boost results.

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