Gap Tops Profit Estimates, But Will Be Hurt By Port Delays

Gap Inc.'s fourth quarter profit came in slightly ahead of estimates, but it warned that the stronger dollar and West Coast port delays would pressure its bottom line this year. The company, which runs Gap, Old Navy and Banana Republic, said net income rose to $319 million, or 75 cents per share, from $307 million, or [...]

Topics:  gap inc   west coast   old navy   banana republic   profit   estimates   port delays   million   
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