-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FWlVCSoBllOdxd+lRSQPUla+TRC3x0CLzxenKMQpw5O+DWBaxa+DmXdK0TEVJEKf 4ngfJUw1Yfrx0g1+sWj6Lg== 0001181431-08-056765.txt : 20081009 0001181431-08-056765.hdr.sgml : 20081009 20081009142029 ACCESSION NUMBER: 0001181431-08-056765 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20081009 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20081009 DATE AS OF CHANGE: 20081009 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GAP INC CENTRAL INDEX KEY: 0000039911 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] IRS NUMBER: 941697231 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07562 FILM NUMBER: 081115838 BUSINESS ADDRESS: STREET 1: TWO FOLSOM STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 4159524400 MAIL ADDRESS: STREET 1: TWO FOLSOM STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: GAP STORES INC DATE OF NAME CHANGE: 19850617 8-K 1 rrd220730.htm Prepared By R.R. Donnelley Financial -- Form 8-K
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 8-K
 
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):  10/09/2008
 
The Gap, Inc.
(Exact name of registrant as specified in its charter)
 
Commission File Number:  1-7562
 
Delaware
  
94-1697231
(State or other jurisdiction of
  
(IRS Employer
incorporation)
  
Identification No.)
 
2 Folsom Street
San Francisco, CA 94105
(Address of principal executive offices, including zip code)
 
(650) 952-4400
(Registrant’s telephone number, including area code)
 
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

 
Item 7.01.    Regulation FD Disclosure
 
On October 9, 2008, The Gap, Inc. (the "Company") issued a press release announcing the Company's sales for the fiscal month ended October 4, 2008. A copy of this press release is attached hereto as Exhibit 99.1.
 
 
Item 9.01.    Financial Statements and Exhibits
 
99.1         Press Release dated October 9, 2008
 

 

Signature(s)
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
     
 
The Gap, Inc.
 
 
Date: October 09, 2008
     
By:
 
/s/    Sabrina L. Simmons

               
Sabrina L. Simmons
               
Executive Vice President and Chief Financial Officer
 
 


 

Exhibit Index
 
Exhibit No.

  
Description

EX-99.1
  
Press Release dated October 9, 2008
EX-99.1 2 rrd220730_26099.htm PRESS RELEASE DATED OCTOBER 9, 2008 GAP INC

Exhibit 99.1

GAP INC. REPORTS SEPTEMBER SALES DOWN 6 PERCENT;

COMPARABLE STORE SALES DOWN 11 PERCENT

SAN FRANCISCO - October 9, 2008 - Gap Inc. (NYSE: GPS) today reported net sales of $1.34 billion for the five-week period ended October 4, 2008, which is a decrease of 6 percent as compared with net sales of $1.43 billion for the same period ended October 6, 2007. The company's comparable store sales for September 2008 decreased 11 percent compared with a 7 percent decrease for September 2007.

Comparable store sales by division for September 2008 were as follows:

  • Gap North America: negative 3 percent versus negative 10 percent last year
  • Banana Republic North America: negative 4 percent versus negative 2 percent last year
  • Old Navy North America: negative 24 percent versus negative 8 percent last year
  • International: positive 3 percent versus negative 2 percent last year

"While our September merchandise margins were significantly above last year, we have more work to do at Old Navy," said Sabrina Simmons, chief financial officer at Gap Inc. "As consumers continue to deal with economic uncertainty, we'll remain focused on delivering compelling reasons to make our brands their shopping destinations."

Year-to-date net sales were $9.36 billion for the thirty-five weeks ended October 4, 2008, a decrease of 5 percent compared with net sales of $9.85 billion for the thirty-five weeks ended October 6, 2007. The company's year-to-date comparable store sales decreased 10 percent compared with a 4 percent decrease last year.

October Sales

The company will report October sales on November 6, 2008.

About Gap Inc.

Gap Inc. is a leading global specialty retailer offering clothing, accessories and personal care products for men, women, children and babies under the Gap, Banana Republic, Old Navy, Piperlime and Athleta brand names. Fiscal 2007 sales were $15.8 billion. Gap Inc. operates more than 3,100 stores in the United States, the United Kingdom, Canada, France, Japan and Ireland. In addition, Gap Inc. is expanding its international presence with franchise agreements in Asia, Europe, Latin America and the Middle East. For more information, please visit gapinc.com.

Investor Relations:

Evan Price

415-427-2161

Media Relations:

Kris Marubio

415-427-1798

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