Gap Inc. (GPS) 4Q 2010 EPS Up 18 Percent, a CRWENewswire.com Stock Highlight

I'm Christina Collins with CRWE Newswire --- Today's company highlight is Gap Inc. trading with the symbol GPS --- Gap Inc. is a leading global specialty retailer which offers clothing, accessories and personal care products for men, women, children and babies under the Gap, Banana Republic, Old Navy, Piperlime, and Athleta brands --- Gap Inc. is a global company with more than 3,200 stores worldwide, including company-owned locations in the United States, the United Kingdom, Canada, France, Ireland, Japan, China and Italy, and franchise locations in Asia, Australia, Europe, Latin America and the Middle East --- The company recently reported its financial results for the fourth quarter and fiscal year 2010, which ended January 29, 2011 --- Gap, Inc, delivered its fourth consecutive year of double-digit earnings per share growth, reporting earnings per share for fiscal year 2010 increased 19 percent to $1.88 on a diluted basis compared with $1.58 on a diluted basis for fiscal year 2009 --- Net earnings grew by $102 million to $1.2 billion ---Gap's Net sales were $14.66 billion for the Fiscal Year 2010 which is an increase of 3 percent compared with net sales of $14.20 billion for the Fiscal Year 2009 --- For the fourth quarter, the company's net earnings increased 4 percent to $365 million, or $0.60 per share on a diluted basis, compared with $352 million, or $0.51 per share on a diluted basis, for the same period last year --- Gap Inc. also reported that its Board of Directors approved an additional $2 billion share repurchase authorization and a plan to increase the annual dividend per share by 13 percent, from $0.40 in 2010 to $0.45 for fiscal year 2011 --- For more information about Gap Inc., symbol GPS, visit gapinc.com. --- I'm Chr

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