Gap: Fiscal Q2 Earnings Snapshot

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Gap Inc. (GAP) on Thursday reported fiscal second-quarter net income of $206 million.

The San Francisco-based company said it had profit of 54 cents per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share.

The clothing chain posted revenue of $3.72 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $3.61 billion.

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