{"id":27117,"date":"2012-02-04T09:15:05","date_gmt":"2012-02-04T14:15:05","guid":{"rendered":"http:\/\/countingpips.com\/fx\/2012\/02\/04\/gap-reports-better-than-anticipated-preliminary-results\/"},"modified":"2012-02-04T09:15:05","modified_gmt":"2012-02-04T14:15:05","slug":"gap-reports-better-than-anticipated-preliminary-results","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/02\/04\/gap-reports-better-than-anticipated-preliminary-results\/","title":{"rendered":"Gap Reports Better Than Anticipated Preliminary Results"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"540\" height=\"300\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=vb41f1ba3796cc9bd54bedf0864e54bd3b228f7ea&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=vb41f1ba3796cc9bd54bedf0864e54bd3b228f7ea&#038;tgt=grabnetworks\"\/><\/object><\/div>\n<\/p>\n<p>Gap (NYSE:GPS) reported preliminary Q4 EPS of $0.41 &#8211; $0.42, beating estimates of $0.35 per share. Revenues in the quarter came in at $4.28 billion which was inline with consensus estimates.In respect to the company&#8217;s sales, January comparable sales slipped 4% vs. estimates for a 5.1% decline. For the other Gap brands such as Gap North American, Old Navy, and Banana Republic sales all dropped close to 6% in the quarter. International sales were down 10%.Gap Inc should find initial support at its 200-day moving average (MA) of $18.59 and further support at its 50-day MA of $18.54.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/02\/04\/0_tzzem0uk_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/02\/04\/0_tzzem0uk_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gap (NYSE:GPS) reported preliminary Q4 EPS of $0.41 &#8211; $0.42, beating estimates of $0.35 per share. Revenues in the quarter came in at $4.28 billion which was inline with consensus estimates.In respect to the company&#8217;s sales, January comparable sales slipped 4% vs. estimates for a 5.1% decline. For the other Gap brands such as Gap &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/02\/04\/gap-reports-better-than-anticipated-preliminary-results\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Gap Reports Better Than Anticipated Preliminary Results&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-27117","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/27117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=27117"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/27117\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=27117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=27117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=27117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}