Gap

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Profile – The Gap, Inc.

The Gap is a specialty retailer of apparel, accessories, and personal care products for men, women, children, and babies. Brands include Gap, Banana Republic, Old Navy, Piperlime, and Athleta. As of Jan 30, 2010 the company operated 3,095 total stores in the US, Canada, Europe, and Asia including 1,450 Gap stores, 1,039 Old Navy stores, and 606 Banana Republic stores. Piperlime and Athleta are only offered online.

Headquarters San Francisco, California
Sector Clothing & Accessories Stores
Primary NAICS Code 448140 – Family Clothing Stores
Primary SIC Code 5651 – Family Clothing Stores
Fiscal Year 2010 Ends on Jan 29, 2011
2009 Net Sales $ 14.20 Billion
2009 E-Commerce Sales $ 1.12 Billion
2009 Net Income $ 1.10 Billion
Store Count* 3,095
Total Store Sq Ft* 38,800,000
Employees* 135,000

*as of 1/30/10




Financial Summary
2009 2008 YoY % Chg 3 YR CAGR 5 YR CAGR
Net Sales (1,000′s) $ 14,197,000 $ 14,526,000 -2.3% -3.8% -2.7%
Same-Store Sales Chg -3.0% -12.0%
E-Commerce Sales (1,000′s) $ 1,118,000 $ 1,030,000 8.5% 15.3% 14.7%
Net Income (1,000′s) $ 1,102,000 $ 967,000 14.0% 12.3% -0.8%
Diluted EPS $ 1.58 $ 1.34 17.9% 19.3% 5.5%
Store Count 3,095 3,149 -1.7% -0.4% 0.7%
Store Sq Ft (1,000s) 38,800 39,500 -1.8% 0.1% 1.2%
Employees 135,000 134,000 0.7% -4.3% -2.3%
Advertising Spend (1,000s) $ 513,000 $ 435,000 17.9% -3.6% -0.6%

Gap - Compound Annual Growth Rates



Fiscal Year Net Sales by Region (as % of Total)
2009 2008 2007
US Stores 73.9% 75.0% 77.9%
US E-Commerce 7.9% 7.1% 5.7%
Canada 6.1% 6.0% 6.2%
Europe 5.2% 5.4% 5.2%
Asia 6.5% 6.1% 4.7%
Other 0.4% 0.5% 0.3%

Gap - 2009 Net Sales by Region



Fiscal Year Net Sales by Segment (as % of Total)
2009 2008 2007
Gap 39.5% 41.0% 39.7%
Banana Republic 40.9% 39.3% 42.3%
Old Navy 17.3% 18.1% 17.3%
Other 2.3% 1.5% 0.8%

Gap - 2009 Net Sales by Segment


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