Earnings in brief: Gap’s online sales fall 9% in fiscal Q1
Paul Conley
The Gap Inc. reported a 9% decline in online sales in its fiscal first quarter — more than two times worse than the 4% drop at brick-and-mortar locations in the same period. Net sales fell 6% versus a year earlier to $3.28 billion. Comparable sales declined by 3% across Gap’s four brands. That was due […]