Thursday, May 24, 2007

Gap and Red Robin Gourmet Burgers Advance on Earnings: U.S. After-Hours

(Bloomberg) -- Gap Inc. rose in extended U.S.
trading after the largest U.S. clothing retailer reported profit
that topped analysts' estimates.

Shares of San Francisco-based Gap added 21 cents, or 1.1
percent, to $18.50 as of 6:31 p.m. New York time. The retailer
slashed prices at the Gap chain to lure customers after losing
market share to retailers such as Abercrombie & Fitch Co.


Read more at Bloomberg Stocks News

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