San Francisco-based Gap said its fiscal second-quarter...
San Francisco-based Gap said its fiscal second-quarter earnings more than doubled on higher sales and fewer markdowns at its retail stores. The operator of the Gap, Banana Republic and Old Navy chains said its net income for the period ended Aug. 3 rose to $65.8 million, or 23 cents a share, beating the 19-cent estimate of analysts. A year ago, it earned $32.4 million, or 11 cents, for the period .
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