Edition:
United States

Income Statements: Gap Inc (GPS.N)

GPS.N on New York Stock Exchange

23.66USD
13 Jan 2017
Change (% chg)

$-0.34 (-1.42%)
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Day's Low
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Volume
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Interim Income Statement
View: AnnualInterim

In Millions ofU.S. Dollars
(except for per share items)
2017
2016-10-29
Period Length
13 Weeks
Revenue 3,798.0
Other Revenue, Total --
Total Revenue 3,798.0
Cost of Revenue, Total 2,305.0
Gross Profit 1,493.0
Selling/General/Admin. Expenses, Total --
Research & Development --
Depreciation/Amortization --
Interest Expense, Net - Operating --
Interest/Investment Income - Operating 2.0
Interest Expense(Income) - Net Operating --
Unusual Expense (Income) --
Other Operating Expenses, Total 1,102.0
Total Operating Expense 3,409.0
Operating Income 389.0
Interest Expense, Net Non-Operating (20.0)
Interest/Invest Income - Non-Operating 3.0
Interest Income(Exp), Net Non-Operating --
Gain (Loss) on Sale of Assets --
Other, Net --
Net Income Before Taxes 372.0
Provision for Income Taxes 168.0
Net Income After Taxes 204.0
Minority Interest --
Equity In Affiliates --
U.S. GAAP Adjustment --
Net Income Before Extra. Items 204.0
Accounting Change --
Discontinued Operations --
Extraordinary Item --
Tax on Extraordinary Items --
Net Income 204.0
Preferred Dividends --
General Partners' Distributions --
Miscellaneous Earnings Adjustment --
Pro Forma Adjustment --
Interest Adjustment - Primary EPS --
Income Available to Com Excl ExtraOrd 204.0
Income Available to Com Incl ExtraOrd 204.0
Basic Weighted Average Shares 399.00
Basic EPS Excluding Extraordinary Items 0.511
Basic EPS Including Extraordinary Items 0.511
Dilution Adjustment --
Diluted Weighted Average Shares 400.00
Diluted EPS Excluding ExtraOrd Items 0.510
Diluted EPS Including ExtraOrd Items 0.510
DPS - Common Stock Primary Issue 0.230
Gross Dividends - Common Stock --
Total Special Items --
Normalized Income Before Taxes 372.0
Effect of Special Items on Income Taxes --
Inc Tax Ex Impact of Sp Items 168.0
Normalized Income After Taxes 204.0
Normalized Inc. Avail to Com. 204.0
Basic Normalized EPS 0.511
Diluted Normalized EPS 0.510
Photo

Gap bucks trend with surprise December comparable sales rise

Gap Inc reported a surprise rise in December comparable sales, and said it expected 2016 profit to be above the higher end of forecast, in sharp contrast to weak holiday sales from department store operators and some apparel retailers.