0001181431-11-015166.txt : 20110303 0001181431-11-015166.hdr.sgml : 20110303 20110303151950 ACCESSION NUMBER: 0001181431-11-015166 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110303 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110303 DATE AS OF CHANGE: 20110303 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: 0129 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07562 FILM NUMBER: 11659942 BUSINESS ADDRESS: STREET 1: TWO FOLSOM STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 6509524400 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 rrd304005.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):  03/03/2011
 
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 March 3, 2011, The Gap, Inc. (the "Company") issued a press release announcing the Company's sales for the fiscal month ended February 26, 2011. 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 March 3, 2011
 

 

SIGNATURES
 
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: March 03, 2011
     
By:
 
/s/    Sabrina Simmons
               
Sabrina Simmons
               
Executive Vice President and Chief Financial Officer
 
 

 

EXHIBIT INDEX
 
Exhibit No.
  
Description
EX-99.1
  
Press Release dated March 3, 2011
EX-99.1 2 rrd304005_34370.htm PRESS RELEASE DATED MARCH 3, 2011 GAP INC

Exhibit 99.1

 

GAP INC. REPORTS FEBRUARY SALES

 

SAN FRANCISCO - March 3, 2011 - Gap Inc. (NYSE: GPS) today reported that February 2011 net sales decreased 2 percent compared with last year.

Net sales for the four-week period ended February 26, 2011 were $821 million compared with net sales of $838 million for the four-week period ended February 27, 2010. The company's comparable sales for February 2011, which include the associated comparable online sales, were down 3 percent compared with a 4 percent increase for February 2010.

The company noted that February represents a relatively small part of its overall revenue. The management team continues to be focused on delivering full year goals, as outlined during last week's quarterly earnings announcement.

Beginning in fiscal year 2011, the company reports comparable sales including the associated comparable online sales.

Comparable sales for February 2011, including the associated comparable online sales, were as follows:

  • Gap North America: negative 1 percent versus positive 1 percent last year
  • Banana Republic North America: negative 4 percent versus positive 7 percent last year
  • Old Navy North America: negative 4 percent versus positive 5 percent last year
  • International: negative 7 percent versus flat last year

For more detailed information, please call 1-800-GAP-NEWS (1-800-427-6397) to listen to Gap Inc.'s monthly sales recording. International callers may call 706-634-4421.

March Sales

The company will report March sales on April 7, 2011.

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 brands. Fiscal 2010 net sales were $14.7 billion. Gap Inc. products are available for purchase in over 90 countries worldwide through about 3,100 company-owned stores, about 175 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.

Investor Relations:

Mark Webb

(415) 427-2161

investor_relations@gap.com

Media Relations:

Emily Russel

(415) 427-6230

press@gap.com