Gap Q3 Net Up 9.4%

wochit business
November 21, 2013 AT 12:39 PM
Gap narrowly exceeded analysts’ expectations for third-quarter earnings with a 9.4 percent increase in net income. For the three months ended Nov. 2, net income rose to $337 million, or 72 cents a diluted share, 1 cent above the 71-cent EPS result expected by Wall Street.