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Segment Information
3 Months Ended
May 02, 2015
Segment Reporting [Abstract]  
Segment Information
Segment Information
The Gap, Inc. is a global retailer that sells apparel, accessories, and personal care products under the Gap, Old Navy, Banana Republic, Athleta, and Intermix brands. We identify our operating segments according to how our business activities are managed and evaluated. As of May 2, 2015, our operating segments included Gap Global, Old Navy Global, Banana Republic Global, Athleta, and Intermix. The operating results for the thirteen weeks ended May 2, 2015 and May 3, 2014 also includes Piperlime, which was discontinued as of April 30, 2015. We have determined that each of our operating segments share similar economic and other qualitative characteristics, and therefore the results of our operating segments are aggregated into one reportable segment as of May 2, 2015.
Net sales by brand and region are as follows:
($ in millions)
 
Gap Global
 
Old Navy Global
 
Banana
Republic Global
 
Other (2)
 
Total
 
Percentage of Net Sales
13 Weeks Ended May 2, 2015
 
 
 
 
 
 
U.S. (1)
 
$
735

 
$
1,403

 
$
515

 
$
175

 
$
2,828

 
77
%
Canada
 
69

 
102

 
52

 
1

 
224

 
6

Europe
 
164

 

 
17

 

 
181

 
5

Asia
 
285

 
43

 
27

 

 
355

 
10

Other regions
 
55

 
4

 
10

 

 
69

 
2

Total
 
$
1,308

 
$
1,552

 
$
621

 
$
176

 
$
3,657

 
100
%
Sales growth (decline)
 
(9
)%
 
5
%
 
(7
)%
 
(4
)%
 
(3
)%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
($ in millions)
 
Gap Global
 
Old Navy Global
 
Banana
Republic Global
 
Other (2)
 
Total
 
Percentage of Net Sales
13 Weeks Ended May 3, 2014
 
 
 
 
 
 
U.S. (1)
 
$
828

 
$
1,352

 
$
548

 
$
182

 
$
2,910

 
77
%
Canada
 
80

 
101

 
53

 
1

 
235

 
6

Europe
 
201

 

 
23

 

 
224

 
6

Asia
 
286

 
28

 
37

 

 
351

 
10

Other regions
 
46

 

 
8

 

 
54

 
1

Total
 
$
1,441

 
$
1,481

 
$
669

 
$
183

 
$
3,774

 
100
%
Sales growth (decline)
 
(2
)%
 
2
%
 
2
 %
 
24
 %
 
1
 %
 
 
__________
(1)
U.S. includes the United States, Puerto Rico, and Guam.
(2)
Includes Piperlime, Athleta, and Intermix.
Online sales are reflected within the respective results of each brand and region in the net sales above. Total online sales were $563 million and $575 million for the thirteen weeks ended May 2, 2015 and May 3, 2014, respectively.
Net sales by region are allocated based on the location in which the sale was originated. This is determined based on the location of the store where the customer paid for and received the merchandise or the distribution center or store from which the products were shipped.