Gap North America's comparable store sales were down 7 per cent, faring slightly better than the 5 per cent decline last year. Banana Republic North America's comparable store sales were up 3 per cent, compared with a 3 per cent increase the previous year, while Old Navy North America's were down 3 per cent against a decline of 8 per cent the previous year. International store sales were flat, compared with a decline of 13 per cent last year.
Gap senior vice-president of corporate finance Sabrina Simmons said: 'In May, our overall summer merchandise sales remained mixed across the brands and total company merchandise margins were above last year.'
Year-to-date sales rose 3 per cent to US$4.75 billion (£2.4 billion) for the 17 weeks to June 2, compared with US$4.61 billion (£2.33 billion) the previous year. However, the group's year-to-date comparable store sales fell 4 per cent, compared with an 8 per cent decline the previous year.
Gap operates from 3,145 stores.
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