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tomtomboombang

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tomtomboombang

Re: None

Thursday, 03/02/2006 10:48:24 AM

Thursday, March 02, 2006 10:48:24 AM

Post# of 76351
Gap reported Q4 (Jan) earnings of $0.39 per share which was exactly in-line with my estimates. Revenues fell 1.6% year/year to $4.82 bln but was still above the $4.79 bln I had projected.

However, the company issued downside FY07 guidance, as they now see EPS of $1.26-1.30 (consensus $1.35), excluding certain items.

Management announced plans to increase its dividend by 78%.


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