Gap sees 2020 profit above estimates, flags $100 mln virus hit to sales

March 13, 2020 admin Business News Comments Off on Gap sees 2020 profit above estimates, flags $100 mln virus hit to sales

Gap Inc leaned on its turnaround plan to forecast 2020 profit above market expectations on Thursday, but flagged a $100 million sales hit in Asia and Europe from the coronavirus, which has also started impacting its home market.

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Source:: Reuters – Business News