Gap Reports August 2010 Comps Flat

Comps for Gap North America declined 1% compared to a decline of 7% in the prior year. Comps for Banana Republic North America increased 6% compared to a decline of 8% in the prior year. Old Navy North America reported negative 2% comps as compared to a positive 4% in the prior year. Comps for the international markets increased 5% as compared to a decline of 12% in the prior year.