The Street -
5 Jun 2015 16:01
NEW YORK (TheStreet) -- The Gap shares are down 1.27% to $38.10 in early market trading on Friday after the company reported a decline May sales.The company reported that May sales fell to $1.25 billion from $1.27 billion in May 2014.Comparable store sales fell 1% from a year ago while analysts were expecting the company to report a 2.4% drop in same store sales.The company's discount Old Navy brand was the lone strong performer in the month as comparable store sales increased 6% in May after i...
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