Gap profit shrinks as decline continues (San Francisco Chronicle, 19 May 2006, Page D1)

Gap profit shrinks as decline continues
By Pia Sarkar Chronicle Staff Writer
San Francisco Chronicle
19 May 2006

Gap Inc. saw its first-quarter profit decline 17 percent amid continued promises by company officials of a turnaround. The San Francisco retail chain reported a net income of $242 million (28 cents per share) compared with $291 million (31 cents) for... read more...