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Gap Inc. Q1 Earnings Summary

Below are the earnings highlights for Gap Inc. (GPS):

Earnings: -$18 million in Q1 vs. -$162 million in the same period last year.
EPS: -$0.05 in Q1 vs. -$0.44 in the same period last year.
Excluding items, Gap Inc. reported adjusted earnings of $3 million or $0.01 per share for the period.

Analysts projected -$0.16 per share
Revenue: $3.28 billion in Q1 vs. $3.48 billion in the same period last year.

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