Gap Inc. (NYSE:GPS) said that August sales at stores open at least one year were flat, better than consensus estimates for a fall of 0.2%.
Net sales for the four weeks ended August 28 held steady at $1.1 billion.
SmarTrend alerted subscribers to take profits in Gap Inc on May 06, 2010 at $22.83, since then the stock fell 24.6%. We are now watching for any positive developments that could result in a new uptrend signal.
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