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Gap Inc. reported stronger-than-expected Q3 earnings, raising full-year sales growth outlook.
Gap Inc. reported better-than-expected Q3 earnings, with net sales up 2% to $3.8 billion.
The company raised its full-year outlook, now expecting sales growth of 1.5% to 2%.
Gap's Old Navy and Athleta brands showed particular strength.
The company's share price increased by around 15% after the results, reflecting investor optimism about its improved performance and outlook.
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Gap Inc. informó de ingresos Q3 más fuertes de lo esperado, aumentando las perspectivas de crecimiento de las ventas a todo el año.